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The Little Book of Bull Moves in Bear Markets: How to Keep Your Portfolio Up When the Market is Down (Little Books. Big Profits) | 
| Author: Peter D. Schiff Publisher: Wiley Category: Book
List Price: $19.95 Buy New: $11.00 You Save: $8.95 (45%)
Rating: 40 reviews Sales Rank: 158
Media: Hardcover Pages: 264 Number Of Items: 1 Shipping Weight (lbs): 0.7 Dimensions (in): 7.1 x 5.4 x 1
ISBN: 047038378X Dewey Decimal Number: 332.6 EAN: 9780470383780 ASIN: 047038378X
Publication Date: October 6, 2008 Availability: Usually ships in 1-2 business days Shipping: International shipping available Condition: BRAND NEW
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| Editorial Reviews:
Product Description Written by seasoned Wall Street prognosticator Peter Schiff–author of the bestselling book Crash Proof: How to Profit from the Coming Economic Collapse–The Little Book of Bull Moves in Bear Markets reveals how you should protect your assets and invest your money when the American economy is experiencing perilous economic downturns and wealth building is happening elsewhere. Filled with insightful commentary, inventive metaphors, and prescriptive advice, this book shows you how to make money under adverse market conditions by using a conservative, nontraditional investment strategy.
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| Customer Reviews: Read 35 more reviews...
The Little Book . . . December 28, 2008 J. Frandsen (Salem, OR) I was very impressed with the author's first book, Crash Proof: How to Profit From the Coming Economic Collapse (Lynn Sonberg Books), but less so with this one. Though there was enough new content that I marked a few pages.
Peter deepens his explanation of economic principles, which were more difficult for non-economy folk to understand. He did, however, put in new material that brought us forward in time from his previous book. He also discussed in more depth both recommendations for the future as well as the "light at the end of the tunnel."
As he recommends, his first book should be read before this one because Crash Proof better presents his rationale.
Worth the time to read--if for no other reason than to see if his new predictions are correct. They are--again.
Gives insight and direction December 28, 2008 Wayne Barry (Lethbridge Alberta Canada) Peter Schiff not only forecast, more than 2 1/2 years ago, what was coming that would shake up the corporate and personal economics of the US but has now come along with a little book of why's and what to do's Well written, easy to read and with focused ideas on how to recession proof your investments..loved it and hope Peter writes a follow-up.
Great quick read for anyone worried about your asset December 28, 2008 K. Suzuki (USA) 1 out of 2 found this review helpful
I came across with now famous youtube video, "Peter Schiff was right," about a month ago. I was stunned how correct he was, despite he was being ridiculed by the rest of the CNBC panelist, including Ben Stein and others, who insisted that "the times are good and the stock market and the economy in general will continue to prosper."
This is an updated and concise version of Mr. Schiff's 2007 book, "Crash Proof." I do recommend this "Little book" over Crash Proof.
I believe Mr. Schiff's augment is fairly simple and elegant, if you are willing to listen to something unpleasant but true, the adversity that we face in this US economy. At this time (the end of 2008), everyone is aware that we are in deep trouble and the economic picture in the US won't be pretty in the coming years. Mr. Schiff argues that this recession is not a problem, but a catalyst and a solution to the "borrow-and-spend" economy that the US went through after the dot com boom-and-bust in 2002. Rather than taking in the recession in the chin, Alan Greenspan and George Bush decided to provide low interest rate, therefore creating another bubble, a real estate bubble that replace the dot com bubble. Now we are paying for the mistake.
In this book, Mr. Schiff outlines how we got into this mess, and paints the grim but very likely scenario of Zimbabwe like hyper-inflation of the US dollar. The Feds are, in fact, printing money (over $5 trillion now) and dropping off the helicopter as the Feds chairman has famously insinuated in the past. This move will debase and devalue the US dollar, and the purchase power we have (what's left of it after the market crash in 2008) in the US denominated assets, increasing powerless. It is a supply & demand story. Mr. Schiff often says, "soon, a stick of gum will cost you a million dollars."
Mr. Schiff's strategy is simple. Get out of the US-based assets. Sell your US stocks, especially the stocks that depend on the US consumers. Move your assets to the foreign currencies; better yet, hard assets like gold and silver, which are in limited supply and has always worked as the asset preserver for thousands of years in history. He also recommends quality foreign stocks (not bonds, which won't catch up with the inflation) that pays high dividends.
Okay, Peter Schiff is the president of Europac capital, which is a brokerage that recommends and sells gold certificates and foreign investments. You will see some advertisement passages in the book. Some people even suggest that Peter Schiff is not a patriot, for suggesting the fall of the US Dollar...even though we did this to ourselves. I say, So what? He was right on the money about the fall of the US markets and banks, way back in 2006. I've lost plenty of my money in the market this year, and I am not willing to risk losing my purchasing power further. I've sold my US stocks and buying GLD, GDX and physical gold.
Do yourself a favor, pay $15 to Amazon & read this book. I think you will be glad that you did, in a few years and many years after.
The Man Know's what he's talking about December 27, 2008 Kevin Jones 0 out of 1 found this review helpful
This is a great book. Peter Schiff is not afraid to say the unsayable. He lives outside of the box of TV talking heads. Just check out his track record. Pick up Crash Proof for a more in depth description of what's going on.
It's a great read
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