About the Author
Peter Schiff
Peter Schiff is CEO of Euro Pacific Precious Metal and an internationally recognized economist specializing in the foreign equity, currency and gold markets. Schiff made his name as president and chief global strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He is also the author of the bestselling books: "Crash Proof," "The Little Book of Bull Moves in Bear Markets," and the recently released: "Crash Proof 2.0: How to Profit from the Economic Collapse.”
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By Peter Schiff |
October 4, 2012
While I believe the Fed's plan will be a disaster for the economy, the silver lining is that it provides investors with a road map. As the policy of the Fed is to debase the currency, those holding dollar based assets may seek alternatives in hard assets and in the...
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By Peter Schiff |
September 10, 2012
The Fed may not want to appear to be directly interfering in the election by stimulating the economy this fall, but there are strong incentives for Bernanke to try to perk up the phony recovery before November.
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By Peter Schiff |
August 29, 2012
The fact that so many supposed conservatives liken a belief in a gold standard as the monetary equivalent of membership in the Flat Earth Society shows just how far the American public has come from a true understanding of how money works within an economy.
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By Peter Schiff |
August 2, 2012
Where is the gold price today? Here's the truth: gold is currently priced for collapse. Many investors believe the yellow metal has topped out and are selling into every rally.
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By Peter Schiff |
July 5, 2012
The US, which has a whopping 75% of its reserve holdings in gold, and the Western European countries, which have an average of approximately 64% of their reserve holdings in gold, seem to believe no one should own gold – except them.
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By Peter Schiff |
June 11, 2012
Today, we're accustomed to thinking of small greenish paper rectangles as the definition of money, and we think of the US government as the only source of money. To honestly discuss sound money, we need to realize where our current money customs came from.
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By Peter Schiff |
June 6, 2012
Despite the best efforts of the media to declare the end of gold's appeal, the metal continues to shine. Friday's report sent gold up nearly 4%. Gold is now down just 3% from May 1, a period that has been horrific for other asset classes.
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By Peter Schiff |
May 25, 2012
When the government’s delaying tactic, which involves continuous borrowing and money printing is no longer tenable, the dollar could collapse, interest rates and consumer prices could soar and the US economy could implode. That’s the real crash that I was warning about.
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By Peter Schiff |
May 4, 2012
Putting on our investor's cap, the way to take advantage of the hastening decline of the world's second currency is to gain exposure to its oldest form of money – precious metals. Major European banks are reporting increasing outflows from euros into gold.
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By Peter Schiff |
May 9, 2010
As Americans observe the chaos in Greece, most assume that the strength of our currency, the credit worthiness of our government, and the vast expanse of two oceans, will prevent a similar scene from playing out in our streets.