Crash Proof 2.0: How to Profit From the Economic Collapse

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John Wiley & Sons, Nov 8, 2011 - Business & Economics - 384 pages
A fully updated follow-up to Peter Schiff's bestselling financial survival guide-Crash Proof, which described the economy as a house of cards on the verge of collapse, with over 80 pages of new material

The economic and monetary disaster which seasoned prognosticator Peter Schiff predicted is no longer hypothetical-it is here today. And nobody understands what to do in this situation better than the man who saw it coming. For more than a decade, Schiff has not only observed the economy, but also helped his clients restructure their portfolios to reflect his outlook. What he sees today is a nation facing an economic storm brought on by growing federal, personal, and corporate debt; too little savings; and a declining dollar. Crash Proof 2.0 picks up right where the first edition-a bestselling book that predicted the current market mayhem-left off. This timely guide takes into account the dramatic economic shifts that are reshaping the world and provides you with the insights and information to navigate the dangerous terrain. Throughout the book, Schiff explains the factors that will affect your future financial stability and offers a specific three step plan to battle the current economic downturn.

  • Discusses the measures you can take to protect yourself-as well as profit-during these difficult times
  • Offers an insightful examination of the structural weaknesses underlying the economic meltdown
  • Outlines a plan that will allow you to preserve wealth and protect the purchasing power of your savings
  • Filled with in-depth insights and expert advice, Crash Proof 2.0 will help you survive and thrive during the coming years of economic uncertainty.

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What people are saying - Write a review

LibraryThing Review

User Review  - Benedict8 - LibraryThing

The problem with this book is that the author makes "hundreds" of predictions, promising that each one will follow the other. Well, it is hard enough to predict the next day in the stock market, and ... Read full review

Must read for anyone with savings in US dollars

User Review  - vmivanova - Overstock.com

This book is a must read if you are earning money is US dollars saving for retirement and determined to protect the value of your assets. Peter Schiff may not be the most elegant writer but his book ... Read full review

Contents

What Uncle Sam the Mass Media and Wall Street
33
Our Declining Currency
63
The Federal Reserve Fallacy
91
Stock Market Chaos
129
The Coming
159
Our Consumer
199
Rethinking
237
Gold Rush
283
Stay Liquid
317
Epilogue
339
Books for Further Reading
345
Index
353
Copyright

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About the author (2011)

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 is one of the few unbiased investment advisors to have predicted the current bear market and positioned his clients accordingly. Schiff began his career at Shearson Lehman and joined Euro Pacific Capital in 1996, becoming President of the firm in 2000. He appears frequently on Fox Business News, CNN, CNBC, and Bloomberg TV, and has been quoted in such publications as the Wall Street Journal, Barron's, the Financial Times, and the New York Times. Schiff is also the author of the original edition of Crash Proof as well as The Little Book of Bull Moves in Bear Markets, both published by Wiley.

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 Poughquag, New York.

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