A couple of weeks ago, I recommended a few books that provide a good understanding of what our current economic situation is, how we got here and what we as individuals can do to survive this crisis. I strongly encourage you to read at least one of these books. I really don't know how someone can make good, informed decisions going forward without this information.
The books provide a good foundation, but you also need some analysis and interpretation of the current events as they unfold. There are several good websites that Jim & I use for this purpose. I originally intended this post to be a list of these sites but as I was writng about the first site, I realized that it would take me forever to complete the task and the post would be way too long. So this post will be a recommendation of Peter Schiff's website, Euro Pacific Capital. Other websites will be recommended in future posts.
Peter Schiff is the author of Crash Proof one of the books that I recommended. His new book was released this fall, The Little Book of Bull Moves in Bear Markets. While my intention is to really just recommend Peter's site as a great source of information, I can't resist sharing this You Tube video called Peter Schiff was Right 2006 - 2007. It is a compilation of interviews with Peter. You'll be able to hear his predictions and the predictions of others during the past few years. I'll let you decide, who was right.
Euro Pacific Capital is Peter Schiff's website. Explore this site. It's packed with information. I'll just mention a few areas that you should check out. The home page has a section called Recent Economic & Market News which has links to news articles from a variety of sources. These links are updated each day, so this is a great one-stop place to see the economic headlines of the day and read an article or two.
Under the Resources menu, you'll see "Live Weekly Radio Broadcasts". Peter does a weekly broadcast that you can listen to online each Wedneday night at 8pm EST. Each week, Peter gives his thoughts on what's happened in the economy during the past week and then he answers questions from callers. But if you don't want to spend your Wednesday evenings listening live, there is also a link that you can go to to get prior broadcasts. The prior shows are also available via Podcast.
One other thing that I'd recommend are the Video Interviews which you can get to from the Resources menu. Peter Schiff is often interviewed on the cable news channels and his appearances are archived on his website.
What are you waiting for? Check it out & let me know what you think!
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