Crash Proof
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| Author | Peter Schiff with John Downes |
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| Language | English |
| Genre(s) | Investing |
| Publisher | John Wiley & Sons |
| Released | 2007 |
| Pages | 288 |
| ISBN | ISBN 978-0-470-04360-8 |
Crash Proof: How to Profit from the Coming Economic Collapse is a book on stock market crashes. It was released on March 2nd, 2007.
[edit] Overview
This is the first book by Peter Schiff, the President of Euro Pacific Capital, a broker-dealer with expertise in foreign markets and securities. In Crash Proof, he makes his case as to capitalize on a potential stock market crash. In his words:
The country has gone from the world's largest creditor to its greatest debtor; the value of the dollar has declined; and domestic manufacturing has given way to non-exportable services.
To combat "a nation facing an economic storm brought on by growing federal, personal, and corporate debt; too little savings; a declining dollar; and lack of domestic manufacturing," Schiff discusses:
- Rethinking Your Stock Portfolio.
- Capitalizing on the Bull Market in Gold and Silver.
- The Importance of Liquidity in Times of Financial Uncertainty.
The publication of Crash Proof came at a time when the Dow Jones had dropped 400 points on Tuesday, February 27th, 2007 - the steepest plunge since the 9/11 attacks.1
Other issues covered in Crash Proof include behavorial finance, the economic bubble, economic collapse, the stock market, a stock market crash, market trends, financial markets, gold, silver, and a list of stock market crashes.
