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As the 20th century comes to a close, he avers, a handful of long-term trends are coming to a disastrous climax: too much government spending, too much consumer credit, too many monopolistic industries, too much wealth staying at the top in the form of high corporate profits and unprecedented stock prices, and too little trickling down in the form of wages. He also tells you what to do to minimize your losses in this disaster: Sell stocks and bonds. Forget about real estate as an inflation shelter. Park your money in bank certificates of deposit. If you have to speculate, buy gold, silver, or platinum. It's radical advice, but Batra backs it all up with numerous charts showing historical patterns of inflation and speculative bubbles. And he candidly admits he has no idea where all this will end up; his advice merely applies to late 1999 and the first two years of the new millennium. Is he right? We'll know soon enough. --Lou Schuler
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