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Crash Proof: How To Profit From the Coming Economic Collapse


  


 : Crash Proof: How To Profit From the Coming Economic Collapse
List Price: $29.98
Amazon.com's Price: $19.79
You Save: $10.19 (34%)
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Binding: Audio CD
Dewey Decimal Number: 332
EAN: 9781596592773
Edition: Unabridged
Format: Audiobook, Unabridged
ISBN: 159659277X
Label: Your Coach in a Box
Manufacturer: Your Coach in a Box
Number Of Items: 7
Publication Date: May 01, 2009
Publisher: Your Coach in a Box
Studio: Your Coach in a Box




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Editorial Review:

Product Description:
From both an economic and monetary perspective, the United States is a house of cards-impressive on the outside, but a disaster waiting to happen beneath the surface. In a relatively short period of time, the country has gone from the world's largest creditor to its greatest debtor; the value of the dollar has declined; and manufacturing has given way to non-exportable services. While these and other issues could spell disaster for your financial well-being, the situation could also present unique opportunities-if one is prepared.


For more than a decade, seasoned Wall Street prognosticator Peter Schiff has not only observed the U.S. economy, but has 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; a declining dollar; and lack of domestic manufacturing.


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.



Customer Reviews
Average Rating:  out of 5 stars

Rating: 5 out of 5 stars - Prophetic insights
Schiff predicts in 2006 the financial chaos in we've seen since 2008. His makes-sense explanations hit home!!



Rating: 5 out of 5 stars - It's 2009 and this book has been right so far...
Reading this book now (January 2009) is like watching a horror movie and seeing yourself in it about to be attacked.

Schiff does a great job explaining the causes for our current situation, and laying out why there WILL be a crash and a complete devaluation of the dollar within the next few years. The government may be able to slow the process down, but his big prediction is that a recession will eventually combine with hyperinflation to cause the economy to collapse. The inflation ... Read More



Rating: 4 out of 5 stars - Proceed with caution!
As I write this in the first few days of 2009, it has become obvious that we are in for a long, nasty recession. In fact, more and more people are predicting Great Depression 2.0.

In his book "Crash Proof," Peter Schiff presents many interesing ideas about what is to come and the book itself is certainly an interesting read.

However, there are many ways that this situation could play out and the book presents only one of them.

In fact, at this point in time ... Read More



Rating: 5 out of 5 stars - We're Busted!
Peter Schiff is to "Crash Proof" as Joel Rosenberg is to Epicenter: Why the Current Rumblings in the Middle East Will Change Your Future. Both are clear, concise and high accurate.

Others have eloquently set forth the crux of the author's book. Crash Proof was one of the stellar books of the many books I read in 2008--and the heavy highlighting of the book and my frequent use of it, proves its worth. Like many others, I am not an economic whiz, I quickly back-pedaled out of college economics ... Read More



Rating: 5 out of 5 stars - Scary
We heard about "Doctor Doom" on BNN and finally became convinced we needed to know more about what this man was saying. The scary part is that Peter saw this global economic collapse coming when he wrote "Crash Proof" in 2006. He is no "seer". His logic and rationale for what he says makes absolute sense and is proving to be spot-on. We have closely followed his advice in attempting to crash proof our own portfolio and will continue to do so. Thanks, Peter. Best book we've read in a long time.




 



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