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(Hardcover)
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WILL Deflation and depression really happen?
WHAT Causes deflation and depression?
CAN The Fed or the President prevent deflation?
WHERE Can you find the few exceptionally sound banks, insurers, gold dealers and other essential service providers that can help you protect your wealth?
HOW Should you arrange your finances and your life in order to survive the depression, prosper while it’s happening, and take advantage of the unprecedented opportunity coming at the next major bottom?
Not one in ten thousand investors will think to ask these questions, even as their financial institutions may be lurching toward insolvency.
From 2002
“This book outlines brilliantly and simply the rationale for how and why the bubble developed. Prechter will go down in history as a legend for having predicted the secular bull market and now having provided a lucid description of the economic cataclysm that unfortunately lies ahead. I urge you to read this book and give it to your loved ones. It provides great tactical advice on how to prepare yourself financially. Reading this book could make the difference between agony and comfort over the next 20 years.”
– David Tice, President, Prudent Bear Funds
From 2004:
“Prechter can take credit as the godfather of the modern deflation theory.”
– Kirk Washington, Benchmark magazine
From 2009:
“Rooted in decades of serious research, published in 2002, this book was a frighteningly accurate
predictor of the 2008 crash. It explains the ‘bigpicture’ of how economic conditions ebb and flow over time, how to profit from them and how to avoid getting caught in the inevitable squeezes that wipe out the unwary (i.e. 99% of the world).”
– Ken McCarthy, The Independence Day Blueprint
Robert Prechter is president of Elliott Wave International, which resides at www.elliottwave.com. EWI is a forecasting firm servicing institutional and private investors around the world, providing long-term as well as intraday analysis on stock markets, currencies, interest rates, commodities, and social trends.
Since 1978, Prechter has published thirteen books on the financial markets, which have been translated into as many as a dozen languages. Every month, he writes thoughtful market commentary in The Elliott Wave Theorist. He is currently developing a new website dedicated to the elucidation of what he terms socionomics, a science of social-trend forecasting.
Prechter attended Yale University on a full scholarship and graduated in 1971 with a degree in psychology. He began his career as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York City.