«Crash Proof»
I read this book from cover to cover, and found it to be very helpful and easy to understand. I contacted Peter's organization, Euro Pacific, and am considering having them help me with some investments.
[Monday, August 25, 2008]
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«Gloomy forecaster offers a bright economic alterative»
Contrarian investor Peter D. Schiff isn't just a bear. He's a sky-is-falling, bury-the-Krugerrands-in-the-backyard bear. Writing with John Downes, Schiff argues that the U.S. economy is going to hell, and that clueless consumers, opportunistic Wall Streeters and pandering politicians are carrying the handbasket. Schiff's screeching tone is a bit grating - until you realize that many of his predictions have proven accurate. That doesn't mean you shouldn't take him with a grain of salt, but this book was published in 2007, and in mid-2008, Schiff's forecasts of a weakening dollar, rising gold prices, a bursting real-estate bubble and strong foreign stock markets were spot-on. His pessimistic polemic could use more practical advice and less macroeconomic analysis, but still getAbstract recommends it to those who seek an alternative viewpoint.
[Friday, August 15, 2008]
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«Dr. Truth!»
Peter is easily one of the best forecasters of his generation. His honest approach to the current economic demise that we are facing is a breath of fresh air. Schiff, unlike most of his peers, is not a pom-pom waving cheerleader - he tells it like it is...and he's been almost bang on 100% right.
The book is a must have for all who are looking for ways to protect their wealth in these uncertain times.
[Tuesday, August 12, 2008]
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