HOW TO PROFIT FROM THE COMING ECONOMIC COLLAPSE

The US economy condition today, becomes a phenomenal story that is very interested to be discuss. Because this country are change from the world’s largest creditor to its greatest debtor.
Peter Schiff, The author of this article is a person that for more than a decade not only observes the US economy, but also helped people to reposition their investment portfolio in order to avoid the economic risk.

“Unless you take measures to protect yourself your dollar dollar-denominated assets are going to collapse in value and your standard of living will be painfully lowered. I can't pinpoint the date this will happen - the government has been successful in hiding the problem and buying time - but there is going to be a day of reckoning and it's already overdue." And so the book continues. Warning after warning of slippery slopes, fatal flaws, and reality checks that pierces the myth that the American economy is too big to fail.”

The big question in this article is how to build your portfolio in this situation?
Schiff give three steps;
Step One is to 'rethink your stock portfolio'. Basic enough you would expect, but the author is urging readers to replace their endangered US dollar holdings with a portfolio of foreign securities that are safer, significantly higher yielding, and appropriate for any investment objectives. For those unconvinced, the reader is asked to consider what happened in the 1970s. "In 1972, after we broke from the gold standard and floated the dollar (which, of course, didn't float at all, but sank like a stone), you could buy 4.25 deutsche marks for a dollar, the Swiss franc was worth about 25 cents, and you'd get about 360 yen for the dollar. By 1980, the dollar had lost two-thirds of its value. The deutsche mark was at 1.5 instead of 4.25, the Swiss franc had tripled, and the yen was at 150 or 160."
Gold Rush’s examines the various ways the reader can capitalize on the bull market in gold, as well as silver, and explains how these precious metals can add both safety and exiting growth potential to a conservative foreign stock portfolio
In the final step, the author discusses the importance of liquidity in times of financial uncertainty - from having enough money for living expenses to keeping a reserve of uncommitted cash that can be used to acquire assets at bargain prices