This is the provocative and urgent question financial expert Dr. Martin Weiss (editor of Safe Money Report, America's highest-rated investment newsletter) answers in his incisive new best seller, "Crash Profits."
Contrary to the claims of many stock gurus that the market has bottomed out and is recovering, Weiss provides compelling evidence that rallies have been puny and we are nowhere close to stock bottoms.
Weiss has tremendous credibility. It was he who warned of the market bubble when few had the courage to say so, not to mention his early warnings about accounting problems at companies like Enron.
Today, with the average stock still trading for 30.5-times earnings, Weiss argues that stock prices must fall at least 30%-40% before they are reasonable. And that's just the beginning.
U.S. corporations are also buried under an incredible $4.7 trillion of debt. Some 245 public companies are now actually holding more debt than assets. As a result, many shares could fall far more than 30%-40%.
Also, contrary to rosy media claims to the contrary, Weiss demonstrates that we have only seen the tip of the iceberg of massive corporate scandals - which could clause some of America's best-known stocks to become worthless in the next few years!
"Crash Profits" is written like a suspenseful novel and provides the most cogent explanation we've seen of how dishonest brokers and CEOs set up the current market crash, and how their deceit will continue to wreak havoc on the markets for many years to come.
Literally hundreds of companies, many given the highest rating by services like Moody's and Standard & Poors, are on the verge of bankruptcy. If you don't get out now, they could take your retirement pension and life savings with them.
"Crash Profits" has a lot of timely and useful information for investors, including what companies are now at risk and how to protect yourself and make money in a bear market. Important information you will learn includes:
"Crash Profits: Make Money When Stocks Sink and Soar!" is must reading for anyone who owns stocks or bonds, or has a pension.
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