This book examines in a a clear precise manner: -Why it is now virtually certain the the United States will enter a depression--far greater in scope and dimension than that of the 1930's-- probably by 1983 at the latest. -Why the true price of gold should be at least $3,300 an ounce. -Thirty-five recommended South African gold stocks, many with yields ranging form 14% to 6This book examines in a a clear precise manner: -Why it is now virtually certain the the United States will enter a depression--far greater in scope and dimension than that of the 1930's-- probably by 1983 at the latest. -Why the true price of gold should be at least $3,300 an ounce. -Thirty-five recommended South African gold stocks, many with yields ranging form 14% to 68% -Five irrefutable reasons why real estate prices must eventually nosedive to a fraction of their present levels. -Countries where land is STILL a good buy. -Why the Dow Jones Average will fall to at least 300 in the not-too-distant future. -Two factors that could cause the stock market to experience a phenomenal, temporary rise before plunging....
|Title||:||Crisis Investing: Opportunities and Profits in the Coming Great Depression|
|Number of Pages||:||290 Pages|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|
Crisis Investing: Opportunities and Profits in the Coming Great Depression Reviews
I struggled through it. It was very doomsday-y and full of opinions. Lots of claims of being rational and seeing the truth, but clearly biased. There were some interesting predictions made that did come true (hyperinflation of the 80s). But most of them, and the extent thereof, never came to pass. And the author still continues to preach (and profit) from the same old message.
Pretty funny to read this book written in 1979. This author is currently the gloom and doom guy (with his current version of this book) that everyone is referring to. Others claim he can see that America is headed to go bankrupt and he has ways to help us keep our wealth without the government sabotaging us all. As I said, very amusing.The 1979 book makes basically same arguments that apply to todays economic climate, at least as it was when Bush left office. The '79 version claimed that America is headed to go bankrupt and he has ways to help us keep our wealth without the government sabotaging us all. Sound familiar? What happened then? Since 1982 the stock market has only gone up, inflation was conquered and we even had a few balanced budgets. America keeps chugging along. So what to make of his words, his work? Well he practically guaranteed his prediction for doom in the '79 version and totally missed. He claims the same thing for today's environment. I am amazed that people buy this stuff and believe it. Certainly there are kernels of truth in some of his arguments. However, one would think that the author might have learned something from being so completely wrong the first time. This book may be worth reading for the amusment factor alone.
This book was useful to me because it made me think about investing in a new way.The book is copyright 1979 - and most of its predictions do not come true, even approximately, within his time frame. Or any time frame. Yet.One take-away that changed my thinking: SAVING is not useful; INVESTMENT is where it's at. And Odd-Ball Think-outside-the-box investment is the way to go.Right now, October 2012, I'm not entirely sure that we have avoided THE GREAT DEPRESSION 2.0 - It just may take longer for the ultimate effects to play out, this time around. Hope I am wrong. But there is still a derivative bubble so huge it makes the US deficit look like pocket change by comparison. Bankers won't even talk about it. USA is sputtering; Europe is in recession, IMHO, getting worse with no bottom in sight; Islamic countries seem all headed for disaster, civil war, implosion, if I project the relevant human statistics . . [email protected]
I read this book to see how "accurate" Casey was with regards to the Crisis of 2008..he was about 25% right....some of the predictions were spot on...like the bailouts....most of the book hinges on a linear growth of inflation..by Casey's "projections"..we should be at about 50% inflation!!! This is a decent book to read in hindsight..nothing groundbreaking..I like the way he recommends CUSTOM KNIVES as an investment!! Casey was a visionary in that sense...