Features
- Cover Type: Hard Cover with 304 pages
- Published by: Wiley October 6, 2008
- Written in: English
- ISBN 10 Number: 047038378X
- ISBN 13 Number: 978-0470383780
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Book Dimensions:
7.1 x 5.4 x 1 inches
- Weighs: 11.2 ounces
Product Description
The Little Book that helps investors avoid big losses in an economic downturn
In the wake of falling stock and real estate prices, the American economy is poised for a decade-long bear market, so says Peter Schiff. After he accurately predicted the current market turmoil, savvy investors should pay attention--and start protecting their assets now, before the markets take their toll. The Little Book of Bull Moves in Bear Markets shows investors how to stay safe and stay liquid during economic downturns.
Using economic history as a guide, Schiff looks at the bear markets that followed the bull markets of the 1920s and 1960s to predict what the American economy will look like after it corrects for the tech and real estate bubbles of the 1990s and early 2000s. Combining financial, economic, and political perspectives, Schiff looks at what worked in those earlier bear markets and predicts what strategies are most likely to work over the next ten years. In the end, Schiff argues that the next decade will most closely resemble the 1970s, complete with inflation, rising interest rates, and soaring commodity prices. This reversal of trends will make past investment strategies obsolete and pose a challenge for investors trying to build and protect their wealth. Smart investing will always pay off; the key lies in using the best strategies for the market at hand. For investors who see the writing on the wall but don't know what to do about it, The Little Book of Bull Moves in Bear Markets offers a timely, critical answer.
Peter D. Schiff (Darien, CT) is President of Euro Pacific Capital, Inc., and one of the few non-biased investment advisors to have predicted the current bear market and positioned his clients accordingly. He appears twice a week on the FOX Business News network and has been quoted in such publications as the Wall Street Journal, Barron's, the Financial Times, and the
New York Times. He is also the author of Crash Proof (978-0-470-04360-8), from Wiley.
From the Inside Flap
"Peter Schiff is one of the few financial analysts who understands the Federal Reserve's responsibility for the boom-and-bust cycle plaguing the American economy. Anyone wishing to know why the American economy is in trouble should add this book to their reading list."
-Ron Paul, United States Congressman
"Schiff was warning us about our fragile economic foundation long before the first cracks started to appear. There are plenty of market cheerleaders out there, but if you want advice from a market realist who has been proven right again and again, read this book."
-Glenn Beck, host, The Glenn Beck Program
"Peter Schiff understands the big financial picture better than most Wall Street professionals. Investors-with or without experience-will benefit from his insights, making this book a must-read."
-Jim Rogers, international investor and author of A Gift to My Children
Reader ReviewsI really recommend this book to anyone who wants to know the truth about the financial situation of this country, and it is really scary. Peter Schiff explains the situation in a way that it is very easy to understand. He gives possible scenarios of what we can expect to live in this economic collapse and he gives many advices about what we can do to face the new reality of the American economy.
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