Conquer the Crash: You Can Survive and Prosper in a Deflationary Depression - Hardcover

Über die Autorin bzw. den Autor

Robert Prechter, Jr. , is a social theorist and market analyst. He is President of Elliott Wave International (elliottwave.com), a publishing firm serving investors around the world. Prechter has authored 14 books. His Elliott Wave Principle with A.J. Frost in 1978 predicted the great bull market. Conquer the Crash (first edition, 2002) forecasted the financial meltdown. Prechter's two-book set Socionomics (1999/2003) presents his seminal hypothesis that endogenously regulated waves of social mood determine the character of social actions. His Socionomics Institute (socionomics.net) is dedicated to explaining and applying socionomic theory. For more information, please visit RobertPrechter.com.

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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 'big picture' 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

For more reviews, please turn to the first page of this book.

Aus dem Klappentext

In the mid-2000s, optimists encouraged all kinds of risky behavior, such as: investing in stocks ("for the long run"), real estate ("it never goes down"), oil ("the world has run out"), commodities ("China must have them"), derivatives ("they will protect you"), hedge funds ("quants have it all figured out") and countless default-prone IOUs ("they're AAA rated and guaranteed by AIG!"). Everyone agreed that deflation was impossible. The people who read Conquer the Crash got a different story.

If you were fortunate enough to have read the first edition of Robert Prechter's Conquer the Crash, your money was safe and sound as stocks, real estate, commodities and many bonds plummeted. The book reads like an ongoing script of what has happened so far. If the author is right, the most intense portion of the financial crisis is yet to come, and those who are properly positioned will not just survive, but prosper. So you can still benefit from this book.

This brand-new second edition is being published near another peak in social optimism, with the S&P stock index back above 1000, high-profile bears calling for hyperinflation, economists assuring us that the recession is over and authorities announcing that they have saved the financial system. If you trust the experts that markets will soar, that all is well and your finances are safe, read this book before it's too late. If you act soon, it could save your financial life.