Saturday, August 31, 2013

The 2008 CRASH was only a small taste of what is to come

Peter Schiff : “Great-er depression’ happens, daily life for Americans will be tragically worse. “If we keep doing this policy of stimulus and growing government, it’s just going to get worse for the average American. Our standard of living is going to fall . . . People who are expecting Social Security can’t get all that money. People expecting government pensions can’t get all their money . . . We simply can’t afford to pay them.”
 

Peter Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies

Thursday, August 29, 2013

Gold and The Financial Crisis ~ Peter Schiff


"Unfortunately just like 1976, a true economic recovery is not just around the corner. More likely we are in the eye of an economic storm that will blow much harder than the stagflation winds of the Jimmy Carter years. And once again the establishment is using the decline it the price of gold to validate its misguided policies and discredit its critics. But none of the problems that led me and other modern day gold bugs to buy gold ten years ago have been solved. In fact, monetary and fiscal policies have actually made them much worse. The sad truth is that as bad as things were back in 1976, they are much worse now. Whether as a nation we will be able to rise to the occasion, and actually finish the job that Ronald Reagan and Paul Volcker started remains to be seen

Peter Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies

Wednesday, August 28, 2013

Buy Gold and Silver Now, Money Printing Until We Have A Currency Crisis & More


Peter Schiff: Buy Gold and Silver Now, Money Printing Until We Have A Currency Crisis & More


Fed Chief Ben Bernanke is going to be replaced by the end of this year. CEO of Euro Pacific Precious Metals, Peter Schiff, speculates on his replacement by saying, "If it's solely based on which Fed Chairman is the most bullish for gold and silver, I would say that would be Janet Yellen. No matter who's put in at the Fed, they are going to keep printing because that's all they can do." Schiff warns, "They're going to keep printing until we have a currency crisis . . . and that is the most bullish environment for gold. Don't wait for the crisis to buy because you are not going to like the price." Join Greg Hunter as he goes One-on-One with money manager Peter Schiff.
Peter Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies

Tuesday, August 27, 2013

Peter Schiff Speech - The Atlantic Economy Summit


 Peter Schiff Speech at the Atlantic Economy Summit where he said

"If it was my contractual obligation, to do everything possible to wreck this economy, what I would do is go back and do everything Ben Bernanke did in the last three years."


Peter Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies

Sunday, August 25, 2013

Gold: $5,000 An Ounce Will Not Take A Decade

“Is it going to happen this year? Not likely. But it's not going to take a decade. The problems are too big for gold not to react.” - in Investment News

Related stocks and ETFs: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Novagold (NG), AngloGold (AU), Goldcorp (GG)



Peter David Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies

Friday, August 23, 2013

Gold Mining Stocks: You Have To Love A Market Everyone Hates

"The gold mining stocks have just been crushed. I've never seen sentiment this bad, and you have to love a market everyone hates." - in Money News 

Related stocks & ETFs: Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG), Novagold (NG), Market Vectors Gold Miners ETF (GDX)



Peter David Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies

Thursday, August 22, 2013

GOLD : You Have to Love a Market Everyone Hates


 "The [gold mining] stocks have just been crushed," he told Investment News. "I've never seen sentiment this bad, and you have to love a market everyone hates.""Inflation is not low," he maintained. "A lot of people on Wall Street think inflation is low because they believe the government and not their own eyes." - in moneynews

Peter Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies

Wednesday, August 21, 2013

Only Wall Street Thinks Inflation Is Low

"Inflation is not low. A lot of people on Wall Street think inflation is low because they believe the government and not their own eyes." - in Money News

Related ETFs: United States Oil Fund ETF (USO), SPDR Gold Trust ETF (GLD)



Peter David Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies

Monday, August 19, 2013

Moving Into Gold-Mining Companies

"We've been moving clients from physical gold into gold-mining companies." - in Investment News

Related ETFs: SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX)



Peter David Schiff is an investment broker, author and CEO of Euro Pacific Capital Inc. Schiff is known for his bearish views on the US economy and US dollar, and his bullish views on commodities, foreign stocks and foreign currencies

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