March 24, 2009

Crash Proof Ranks #1 in Amazon`s Investing Category

World Net Daily as an article about Peter Schiff and his prophetic predictions about the US Economy. Here are the most interesting parts of that:

"Long before anyone else dreamed of the economic chaos in which America and the world now find themselves, Peter Schiff predicted it – exactly the way it happened.

Schiff wrote a book in 2006 that explained how to prepare for the economic upheaval he foresaw. He appeared on dozens of cable and broadcast financial shows where his predictions were scoffed at and mocked.

He became known on those shows as "Dr. Doom."

But nobody is mocking and scoffing any more.

Peter Schiff takes no pleasure in being right about the worst economic catastrophe to strike America since the Great Depression. But he hopes Americans can still learn how to weather the storm using his sound financial advice in "Crash Proof: How to Profit From the Coming Economic Collapse."

The economic tipping point for the United States is no longer theoretical. It is a reality today. The country has gone from the world's largest creditor to its greatest debtor, the value of the dollar is sinking, domestic manufacturing is winding down – and these trends don't seem to be slowing.

In "Crash Proof," the seasoned Wall Street prognosticator provides an insightful examination of the structural weaknesses underlying the impending economic meltdown and discusses the measures you can take to protect yourself – as well as profit – during the difficult times that lie ahead.

"Crash Proof," is a prophetic and informative warning of a looming period marked by sizeable tax hikes, loss of retirement benefits, double digit inflation, even – as happened recently in Argentina – the possible collapse of the middle class. However, Schiff does have a survival plan that can provide the protection that readers will need in the coming years."

Crash Proof is the bestselling book in the Amazon`s Investing category.