Conquer the crash: you can survive and prosper in a deflationary depression

Conquer the Crash II predicts that the economy will continue to falter, and provides strategies for investors to preserve capital and survive in these perilous financial times. A New York Times bestseller, the 2002 edition of Conquerthe Crash correctly forecasted the real estate bust; credit implosion; and stock market crash. In this new edition, Robert Prechter stands by those predictions and warns that further declines are likely and we will soon enter a full-fledged economic depression. This new edition warns investors against buying stocks, real estate, commodities, and collectibles. Moreover, as prices are likely to decline further, consumers should postpone major purchases for as long as possible. Instead, investors should purchase high-rated bonds; maintain accounts at only the safest rated financial institutions; invest minimally in precious metals; and wait for buying opportunities at the bottom of the market. Prechter will include an extensive appendix, describing the peaking of the stock, commodity, and real estate markets and the strengthening of deflationary forces in recent years. With over 100 pages of new materials, Conquer the Crash II will provide investors with a vital and updated roadmap to navigate the worst economic decline since the 1930s.

• ISBN: 978-0-470-56797-5
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 466
• Fecha Publicación: 24/11/2009
• Nº Volúmenes: 1
• Idioma: Inglés