Peter Schiff has a new book out - "The Little Book of Bull Moves in Bear Markets"

Here's the book, and a note from Schiff. Invest wisely HP'ers, think two years ahead, and try to stay afloat, even when the dollar crashes.





Dear Investor,

As many of you know, many of the dire predictions that I made earlier in the decade, which at the time were considered wildly pessimistic by the mainstream, have come to pass in spectacular fashion.

In my first book, Crash Proof, written in 2006, I forecasted:

* The collapse of the mortgage market
* The crash of the stock market
* The demise of Fannie Mae and Freddie Mac
* The severe drop in real estate prices
* The rise of inflation
* The surge in gold and natural resource prices

My second book, The Little Book of Bull Moves in Bear Markets, has just been released and is already a best seller. Read on - I want to tell you a bit about my new book, and update you on my take on current market conditions.

The global financial tsunami has spared few markets. The dollar, in a totally unexpected rally, has soared by 25% against many currencies. Some foreign markets, with little of the domestic turmoil evident in the US, have nevertheless had steep drops. I feel that many of these moves are not justified by fundamental economic forces.

Like many of you, I have experienced the recent declines personally and painfully in my own portfolio. Fortunately, by avoiding leverage and investing in dividend paying stocks, those who have followed my advice are in position to weather the storm. The ship is taking on water, but remains afloat and on course.

The portfolios we have constructed for our clients offer the possibility of long term growth, while delivering solid dividends until the turnaround comes. I am still strongly convinced that foreign markets will decouple from the drag of the American economy, and that the future is bright for long term performance of non-dollar assets.

As the depths of the crisis become more obvious, I believe we will see a restructuring of the global financial order. I firmly believe that the US approach to this crisis, consisting of financial bailouts and unending money creation will destroy what is left of our economic vitality. The dollar will soon crash even harder as a result.

For those of you who have not yet become familiar with my philosophy, I urge you to read my new book, The Little Book of Bull Moves in a Bear Market.

- Peter Schiff