Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression

What if certain Japanese investors in 1989 had a book that prepared them for the economic DEFLATION and 12-year bear market? Likewise, what if certain American investors in 1929 had a book that prepared them for the stock market CRASH and Great Depression?

They would have used the forecast to avoid the crisis, of course — perhaps even to come out ahead.

Robert Prechter has just published a book that will prepare YOU for a financial crisis at least as deep as Japan in the 1990s or the U.S. in the 1930s — a deflationary depression that will wipe out the portfolios of most stock market investors.

Conquer the Crash first presents the economic facts that show why a massive deflation is virtually inevitable, and is underway already. The second part is practical — virtually each of the 21 chapter titles explains "How To," "What To," and "Should You."

Learn for yourself why the most predictable episode in our financial future is the event no one expects

"Bob Prechter's new book, Conquer the Crash, provides a wealth of self help do's and don'ts. It's a must-read book which I'm personally putting on my gift list for friends and loved ones." - Martin D Weiss, Ph.D., author of the national best seller, the Ultimate Safe Money Guide

"This is the most crucial financial period in your life. This book explains why. It also tells you what you should do about it. If you want to preserve your wealth, I urge you to follow Prechter's advice. You will be grateful that you did." - Ian Gordon, The Long Wave Analyst

"Conquer the Crash provides disciplined investors with a map, compass and survival guide. Don't leave home without it." -Henry Van der Eb, President, Gabelli Mathers Fund

"Prechter knows the facts like few others. Read his forceful argument carefully. It can save you from financial loss." -James R. Cook, President, Investment Rarities

"Conquer the Crash ensures that at least some investors will stay on the "rational" side of a very emotional future." -Ted Workman, Asset Allocation Consultants, Ltd.

As the bear market progresses, millions of people who trusted in the stock market will be looking for answers, which this book aims to provide. Written by an expert on investing in bear markets, Bob Prechter has written a useful guide for investors and traders.

If you did not read Robert Prechter's At the Crest of the Tidal Wave (1995), you might have become the victim of any one of a dozen financial debacles. You might have held junk bonds, which have been collapsing ever since. You might have invested in commodities, which have fallen to new lows. You might have slaved over a demanding job that paid you in stock options that are now worthless. You might have speculated in Internet stocks, which went bust. If you are a vendor, you might have sold equipment to dot-com companies for I.O.U.s that were never paid. If you live in Argentina, you might have kept your money in a local bank and one day awakened broke. If you worked for Enron, you might have watched every nickel of your retirement savings evaporate. If you own a business, you might have let economists convince you that no recession was possible just before the economy contracted and slammed you up against the wall. Maybe for you, it's too late.

But for most people, this book is timely. It is being published at another peak in social optimism, with the stock market rallying, the Dow back above 10,000, economists unanimously bullish and commentators assuring us that the recession is over. If you think that all is well and your finances are safe, read this book before it's too late for you.

"A must-read book." --Martin D. Weiss PhD, author of the best-selling Ultimate Safe Money Guide

* Will deflation and depression really happen?

* What causes deflation and depression?

* Can the Fed prevent deflation?

Where can you find the few exceptionally sound banks, insurers, gold dealers and other essential service providers that can help you protect your wealth?

How should you arrange your finances and your life in order to survive the depression, prosper while it's happening, and take advantage of the unprecedented opportunity coming at the next major bottom?

Not one in ten thousand investors will think to ask these questions, even as their financial institutions may be lurching toward insolvency.

You will find the answers in this book

"This book outlines brilliantly and simply the rationale for how and why the bubble developed. Prechter will go down in history as a legend for having predicted the secular bull market and now having provided a lucid description of the economic cataclysm that unfortunately lies ahead. I urge you to read this book and give it to your loved ones. It provides great tactical advice on how to prepare yourself financially. Reading this book could make the difference between agony and comfort over the next 20 years." --David Tice, President, Prudent Bear Funds

Robert Prechter is President of Elliott Wave International, which resides at www.elliottwave.com. EWI is a forecasting firm servicing institutional and private investors around the world, providing long-term as well as intraday analysis on stock markets, currencies, interest rates, commodities, and social trends.

Since 1978, Prechter has published ten financial books, which have been translated into as many as a dozen languages. Every month, he writes thoughtful market commentary in The Elliott Wave Theorist. He is currently developing a new Web site dedicated to the elucidation of what he terms socionomics, the new science of social prediction.

Prechter attended Yale University on a full scholarship and graduated in 1971 with a degree in psychology. He began his career as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York City.

Foreword.

Book One: Why a Stock Market Crash, Monetary Deflation and Economic Depression are likely to occur soon.

Part I: The Case for Crash and Depression.

A Myth Exposed.

When Do Depressions Occur?

When Do Stock Markets Turn from Up to Down?

The Position of the Stock Market Today.

Evidence from Stock Participation and Economic Performance.

The Significance of Historically High Stock Market Valuation.

The Significance of Histroically Optimistic Psychology.

Implications for the Stock Market and the Economy.

Part II: The Case for Deflation.

When Does Deflation Occur?

Money, Credit and the Federal Reserve Banking System.

What Makes Deflation Likely Today?

Timing Deflations: The Kondratieff Cycle.

Can the Fed Stop Deflation?

Book Two: How to Protect Yourself and Profit from Deflation and Depression.

Making Preparations and Taking Action.

Should You Invest in Bonds?

Should You Invest in Real Estate?

Should You Invest in Collectibles?

Should You Invest in "Cash"?

How to Find a Safe Bank.

Should You Speculate in Stocks?

Should You Invest in Commodities?

Should You Invest in Precious Metals?

What To Do With Your Pension Plan.

What To Do With Your Insurance and Annuities.

Reliable Sources for Financial Warnings.

How to Ensure Your Physical Safety.

Preparing for a Change in Politics.

How To Identify a Safe Haven.

Calling in Loans and Paying off Debt.

What You Should Do If You Run a Business.

What You Should Do with Respect to Your Employment.

Should You Rely on Government to Protect You?

A Short List of Imperative "Do's" and "Don'ts".

What To Do at the Bottom of a Deflationary Crash and Depression.

Services That Can Help You Survive and Prosper in a Deflationary Depression.

Media and Misc. References.