Goldwatcher: Demystifying Gold Investing »

John Katz is an analyst, strategist and financial writer based in London. To gain experience and qualifications in the Financial Services Industry he completed the necessary exams to qualify as an approved Securities Dealer and Trader and, while working for a hedge fund in London, was accredited by the United Kingdom Regulatory Authorities. He has contributed articles to the financial press,commentated for business television and is the author of Portfolio 2001 – How to Invest in the World’s Best Companies published by Random House Business Books in 1999.

Frank Holmes is CEO and Chief Investment Officer at U.S. Global Investors,Inc., which manages more than $1 billion in precious metals funds and provides advisory services to international clients.He was Mining Journal’s fund manager of the year in 2006, and is a prominent speaker at investment conferences and a regular commentator on financial broadcast networks. Mr Holmes has more than 30 years’ in the investment field.

In this remarkably clear and accessible book, authors John Katz and Frank Holmes explain everything the independent investor needs to know in order to invest like a professional.

Presented in two parts, Part I demystifies the gold price by tracing its history and placing it in the current context of twenty-first century economic realities, explaining when to buy gold and when gold prices do or don't make sense. As an unbiased independent analyst John Katz is neither a gold bull nor a bear - rather, he offers an insightful analysis of gold's role in an evolving global economy. In doing that, he pulls together and sometimes pulls apart the arguments and assessments of leading commentators from money management, investment banking, academia, and the financial media.

Part II gives the reader a rare glimpse into the intricate workings of a leading gold investor. Frank Holmes is one of the world's most authoritative voices on the yellow metal, and an award winning fund manager. By opening a window into his company, U.S. Global Investors, Holmes provides an insider's vantage point to examine the many opportunities and challenges facing gold investors. Some of the nuggets from Holmes include:

• Here comes China - both as a gold consumer and gold producer

• Watch oil and the dollar to understand gold as an investment

• Bullion as a value investment and gold equities as a growth investment

• Return on capital as the best yardstick to use when measuring a gold-mining stock

• Think of gold as portfolio insurance, not as a way to get rich

Foreword (Dr. Marc Faber).

List of Charts and Tables.

Acknowledgements.

Part One: Demystifying the Gold Price.

1. Introduction: Why Gold?

2. The Gold Mining Industry.

3. Gold Supply and Demand.

4. The Rise and Fall of the Gold Standard.

5. The Dollar Standard and the 'Deficit without Tears'.

6. The Economic Consequences of 9/11 and George W. Bush.

7. The End of Cheap Oil, 'Chindia' and Other Tipping Points to Instability.

8. Globalisation & Global Economic Rebalancing.

9. Gold Prices: Inflation, Deflation, Booms and Busts.

10. Investing Choices.

Part Two: Gold Investing Strategies (Frank Holmes).

11. Inside U.S. Global Investors.

12. Investing in Gold Equities.

13. Gold Mining Opportunities and Threats.

Part Three: Appendix.

Notes.

Bibliography.

Webliography.

Index.