Madness of crowds: How to get rich in the age of crisis

132 Pages·1994·18.324 MB·English

by  Douglas R Casey

Madness
Crowds
of
By best selling author
Douglas R. Casey
31
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-—
^H ^^-

Madness of
Crowds
How
to Get Rich in
Age
the of Crisis
byDouglasR. Casey
©Copyright 1994byAgoraFinancial,824E. Baltimore,
MD21202. Allrightsreserved. Nopartofthisdocumentmay
be reproduced in any form or by any means without written
permissionofthepublisher.
© 1994AgoraFinancial
Print9ed8int7he6Uni5ted4St3ates2of1America
10
No part of this publication may be reproduced,
storedinaretrieval system, ortransmittedinanyform
by any means, electric, mechanical, photocopy,
recording, or otherwise, without the prior written
permission ofthe publisher, except forbriefquotations
incriticalreviewsorarticles.
JacketDesign:AlMasino&StephanieBozylinski
"I dobelieve thatDougCasey sees deeply
into our current plight and properly alerts
Americans to the main causes offreedom-
erodinginflation and unemployment, namely
senseless government spending and debt."
Rep. Philip M. Crane
Congressman
a[DougCasey] has neverbeenwrongon
one ofhis majorpredictions. His easy-to-
follow game plan could make you a millionaire
while others are barelykeepingtheirheads
abovewater."
Simon & Schuster
Publishers
"Hehas perhaps the best natural instincts
forthe markets I've ever seen. He seems to
have a sixth sense, a finelyhoned intuition,
forwhere the marketswillbreak out next."
AdrianDay
AdrianDay'sInvestmentAnalyst
"Ahundredyears fromnow, should
mankind survive that long, Doug Caseymay
well be remembered as one ofthe great
prophets«tnd financial geniuses ofourtime."
RobertJ. Ringer
Best-sellingauthoroffinancial books

Table Of Contents
Chapter One:
The Polo Bum
School ofHard Knocks 9
ChapterTwo:
AThousand
ClownsinWashington 19
ChapterThree:
Prisoners oftheNews 33
ChapterFour:
Consistently Beat Wall
Street Favorites by 44% 45
ChapterFive: —
300%Profits on
StockMarket Dogs' 49
ChapterSix:
Profile ofaMarketMania:
Opportunity in theMidst ofPanic 55
ChapterSeven:
What Happens When
the DowDrops 62%? 63
ChapterEight:
Lifetime Opportunities:
$78J MillionforaLoafofBread 73
MadnessofCrowds
Chapter Nine:
How to GetYour Own
Monopoly for Peanuts 85
Chapter Ten:
Clinton Has Sealed
the Fate ofthe Dollar 91
Chapter Eleven:
How the Lucky 'Get Lucky5 101
Author's Note
I firmly believe that everything you've
ever wanted can be yours. The investment
strategy you will discover in this book
makes it possible. I know because I have
used the same strategy myself to make
—
millions of dollars and to make my own
life fun and exciting.
Make no mistake, the rest of the '90s
will be grim in many ways for many
people. But before the decade ends, we
will see the creation ofawhole new class of
investment millionaires. The same crisis
that threatens the life savings of millions
of people also offers lifetime investment
opportunities to a few. I sincerely hope
you will be one ofthem.
Doug Casey, 1994