Update: April 7 2008:
Since producing this video, I've been introduced to and following another investment expert whom I'd like you to know about. Visit www.TrueContrarian.com for more information.
The sub-prime mortgage crisis has led to the bursting of the US housing bubble. What's next?
Craig Brockie and New York Times best selling financial author and economic forecaster Robert Prechter share how to survive & prosper in a deflationary depression.
Find answers to these questions:
Bull market boom or bear market bust ahead? Recession or depression? Inflation or deflation? Buy or sell? U.S. dollar, Yen, Euro, Amero, gold or silver? Equities or bonds? Can the Fed save the day? Will Ben Bernake and the Federal Reserve print the greenback into
oblivion and create a repeat of the German Weimar Republic? Or will we experience another stock market crash followed by a repeat of The Great Depression?
Avoid foreclosure of your home, protect your retirement savings by selling your mutual funds and stocks before the herd, avoid a run on the ba
nk and your insurance company going broke. Sleep well knowing you're prepared.
Who has the answers? CNBC, Bloomberg, The Wall street Journal, The Economist, The Globe and Mail, or BBC World? How about an interview or panel with Donald Trump, Jim Cramer, Alan Greenspan, Warren Buffet, Doug Casey, J
im Shepherd, Milton Friedman, Naomi Klein, George W. Bush, Hillary Clinton, Barack Obama, Aaron Russo, or Libertarian Ron Paul to save the day?
Should you invest in the NYSE companies, Dow Jones Industrial Average, S &P 500 Index, Nasdaq technology stocks, emerging markets such as China, forex and interest rate derivatives, short selling, put options, call options, commodities, commercial real estate, buy homes with no money down, or sell your house? Who will win the next election -- the Democratic or Republican party?
Watch this free video and compare it to what you hear on tv shows, radio programs, Googling the web, or your favorite dvd, Youtube channel or online blog. Or Google "The Great Depression" and educate yourself about "deflation" to save your money and financial well being.
It's a mad world of confl
icting opinions about oil and energy prices, billionaire wealth, billion dollar earnings and merger and acquisition news, and trillion dollar debts. Yesterday's sell off followed by today's rally on equities (despite the war on terror) leaves both buyers and sellers confused. What's the big idea? Sm
all caps, market cap, recap, refinance? Wait, there's GM, GE, HSBC, UBS, RBC, CIBC, TD, BMO - and plain old BS.
I know this sounds like a George Carlin rant, but I bet he could make more sense of the confusing world of finance than most Wallstreet "experts", reporters and journalists.
Welcome to
my five minute show.
Enjoy!
CraigBrockie.com
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Tell your family and friends to get their money out of the banking system!
Stop printing money, increase central bank interest rates, cut expenditures, fiscal surpluses, control prices...
It'll be interesting to see how the G8 economies would feel when one of their members to be under the policies their financial instruments apply abroad...
To argue for deflation (in the economy as a whole, not just housing and stocks) is to say that foreign nations will buy our debt with zeal as the US economy collapses. It hasn't been happening, and it will continue to not happen. Gold will head to $2000 with Bernanke at the helm.
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marget
The Fed doesn't willy-nilly "print" money as you suggest. 97% of "dollars" are created as private bank credit. Only $800 billon real dollars are in circulation -- the rest are *credit* dollars. Credit dollars can go to money heaven in a deflationary crash. Bernanke is powerless to stop it.
Oil can go to $300 at this rate. The dollar is based on debt, the dollar is collapsing. A dollar collapse is not deflationary for US citizens! Get it? The value of the credit dollars affects the paper dollars. But you can burn yours for heat!