Book description
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.
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.