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Crash Proof: How to Profit from the Coming Economic Collapse (Your Coach in a Box)by Peter D. Schiff
Synopses & Reviews
From both an economic and monetary perspective, the
For more than a decade, seasoned Wall Street prognosticator Peter Schiff has not only observed the
Here, Schiff provides listeners with an insightful examination of the structural weaknesses underlying this impending economic meltdown, and discusses how they can protect themselves-and profit-during the difficult times that lie ahead. Using common-sense analysis, creative analogies, and easy-to-understand language, Schiff entertains as well as educates, and outlines a specific three-step plan that will allow listeners to preserve wealth and protect the purchasing power of their savings.
#1: Rethinking Your Stock Portfolio: shows how to replace endangered U.S. dollar holdings with a portfolio of foreign securities that are safer, significantly higher yielding, and appropriate for any investment objectives
#2: Gold Rush: examines the various ways to capitalize on the bull market in gold, and silver, and explains how they can add both safety and exciting growth potential to a conservative foreign stock portfolio
#3: Stay Liquid: discusses the importance of liquidity in times of financial uncertainty-from having enough money for living expenses to keeping a reserve of uncommitted cash that can be used to acquire assets at bargain prices
Investing using conventional wisdom will not work during times of financial distress. That's why Crash Proof has taken the reality of today's economic situation into account as it offers guidance. Filled with in-depth insights and expert advice, Crash Proof will help listeners survive and thrive during the coming years of economic uncertainty.
Using commonsense analysis, creative analogies, and easy-to-understand language, a seasoned Wall Street prognosticator outlines a specific three-step plan to help listeners survive and thrive during the coming years of economic uncertainty.
About the Author
PETER D. SCHIFF is a seasoned Wall Street prognosticator best known for his accurate predictions of the performance of the stock market, commodities, gold, and the dollar. He began his career at Shearson Lehman and joined Euro Pacific Capital (a broker-dealer with expertise in foreign markets and securities) in 1996, becoming President of the firm in 2000. Schiff is often quoted in major publications, such as, the Wall Street Journal, Barron's, the Financial Times, the New York Times, and the Christian Science Monitor.
A frequent guest on television, he appears regularly on CNBC, Bloomberg, and FOX News, edits the Global Investor, an investment newsletter, and hosts a weekly radio program Wall Street Unspun. His economic and market commentaries are featured on many investment-oriented Web sites as well as on www.europac.net. CNBC's Squawk Box has nicknamed Schiff "Dr. Doom" for his uniquely bearish outlook on the
JOHN DOWNES is coauthor of the bestselling Dictionary of Finance and Investment Terms, Barron's Finance and Investment Handbook, and Beating the Dow. He lives in Palisades New York.
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