Books

I’ve wanted to put together a resource list of the books and websites that I’d recommend if you wanted to begin to understand what we’re facing, how we got here, and what we can we do to survive and hopefully prosper. But for one reason or another I hadn’t really tackled the task. Well thanks to a good friend that asked for me to send her some recommendations, I’ve gotten started. For now I think that I will just make recommendations in blog entries. Then, at some point, if there is a need or an interest I’ll compile the recommendations into one document.

Here are three books that I’d recommend. If you’re like me, as you read the information in these books, you’ll be asking yourself, “Why wasn’t I taught this?” The principles and concepts are fairly fundamental, but we’ve been misled and trained to think differently.

How to Prosper During the Coming Bad Years in the 21st Century,
by Howard J. Ruff 2008
I recommended this book in my November 20^th blog entry. Again, this is a good starter book. The first third of the book explains the problems with our monetary system, introduces you to the concept of purchasing power, and outlines the terrible effects of inflation. The second part of the book gives specific advice on surviving the coming economic crisis and the third part is Ruff's advice on how to prosper.

Guide to Investing in Gold and Silver,
by Michael Maloney 2008
Don’t let the title scare you off. Even if you have no interest in or intention of investing in gold and silver, you should still read this book. It is excellent. The first half of the book discusses the history of money and really illustrates the difference between money and currency. You will see how throughout history the economic cycles have been the same and that no fiat currency (which is what we have) has ever survived. It’s fascinating to see how the demise is always caused by the same factors. Believe me, you’ll begin to recognize where we’re headed. Michael Maloney gives a very good road map of where we are today and how this will play out. I really think that everyone should read at least the first portion of this book.

Crash Proof,
by Peter Schiff, 2007
I'm about half-way done with this book. This book is particularly interesting from the standpoint that it was written in 2006. So as you’re reading it you will see that Peter understood the fundamentals and was able to predict where we’d be today. And yet, all of the so called experts act as if they’re surprised by this crisis.


While these books all cover the same general topic, they each come at the information from different angles and emphasize different aspects. They don’t overlap as much they reinforce each other. Let me know what you think of these books as you read them.