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(Hardcover)
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.
More Reviews and RecommendationsPeter D. Schiff is President of Euro Pacific Capital, Inc., and one of the few unbiased investment advisors to have predicted the current bear market and positioned his clients accordingly. Schiff appears frequently on Fox News, 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. He is also the author of Crash Proof, which is published by Wiley.
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October 08, 2009: Peter Schiff is one of the few people who predicted the 2008 stock market crash. Hence, he has the credibility and knowledge to advise how to invest going forward. Mr. Schiff has extensive expertise in the underpinnings of the U.S. and global economies. He explains how inflation will rise, the dollar will fall, the value of precious metals will go up, and what the real GDP and unemployment rates are versus what the government reports. He puts it all together in clear understandable terms. Peter also gives recommendations of what investments to purchase for best growth in the coming decade. Overall a great, informative, easy to read book!
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April 06, 2009: Looking at the publish date, you might think this little book destroyed the market. However, Schiff foresaw the collapse long before it happened.
The book is an excellent lesson and guide for how to navagate the turmoil. My only problem was the repeated marketing of his firm in the text. Regardless, it's a must read for insight into what might happen in the next 8-10 years.