January 31, 2012

Schiff on RT TV


Latest video interview from Peter Schiff on RT TV.

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 30, 2012

Had The Fed Raised Rates Sooner...

Had the Fed raised rates we would have had a bursting of the bubble much sooner than 2008 and it wouldn't have done nearly as much damage. - in Yahoo Finance

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

The Fed Just Wants To Keep The Music Going Until The Next Election

The Federal Reserve doesn't care about the long term health of the economy, it just wants to keep the music going until the next election. - in Yahoo Finance

Related, SPDR S&P 500 Index ETF (SPY)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

Schiff Radio: Interviewing Jim DeMint


Peter interviews Jim DeMint, founder of Senate Conservatives Fund

Topics: US debt, euro crisis, US dollar;

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 29, 2012

The Federal Reserve Has Put Another Large Crack Into The Foundations Underlying The U.S. Dollar

With its announcement today that it will keep interest rates near zero at least until late 2014, the Federal Reserve has put another large crack into the foundations underlying the U.S. dollar. - in The Street.com

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 28, 2012

Gold: A Low-Risk, High-Return Asset

Goldman Sachs just released a report calling gold a low-risk, high-return asset and predicts it will rise to $1940 this year. Morgan Stanley predicts a price of $2,175 a year from now. UBS forecasts $2050 within 12 months. These types of estimates from big banks have proven conservative in years past. - in Europac Precious Metals

Related ETFs, SPDR Gold Trust ETF (GLD), IShares Silver ETF (SLV), Morgan Stanley (MS), Goldman Sachs (GS)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 27, 2012

CNBC Video Interview: Why Are Stocks So Strong?


Latest Peter Schiff video interview on CNBC

Topics: stock market, federal reserve, weak US dollar;

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

The Federal Reserve Is Ignoring Inflation

The Fed is also choosing to ignore the fact that inflation is already running north of 3 percent. Instead, they have conveniently come up with their own measure of inflation, which comes in just a shade below the Fed's arbitrary 2 percent "acceptable" target.

This announcement is a slap in the face to anyone who earns, saves, and invests in dollars. So, it's no surprise to me that investors, financial institutions, and foreign governments are turning to gold and silver in larger and larger numbers. - in Euro Pacific Precious Metals

Related ETFs, IShares Silver ETF (SLV), SPDR Gold Trust ETF (GLD)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 26, 2012

Gold Is Rallying Again

What kicked off this rally was yesterday's announcement by the Federal Reserve that they will be keeping interest rates near zero until at least 2014. This means that a tidal wave of inflation is on the horizon, and the dollar will continue its long decline.

Related, SPDR Gold Trust ETF (GLD)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

The Invisible Hand Versus The Heavy Hand Of Government

Barack Obama does not like the "invisible hand" that Adam Smith wrote about. He wants the heavy hand of government, he want the government to organize us all as a "team". - in The Schiff Report

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

We Are Not A Collectivist Society

But the President also displayed a significant lack of understanding of capitalism, of American History and one of the many things that he said was that we owe our success as a nation to the fact that we work as a team. No we Don`t!

We owe our success to the fact the we are individuals in America. We are not a team, this is not a collectivist society. We all work for ourselves, we all pursue our self-interests. We have a Constitution that speaks about individual rights, property rights. These are not "team" rights. - in The Schiff Report, January 25th

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

The Schiff Report: US Economy Outlook


Topics: State Of The Union adress, Federal Reserve statement, US Economy;

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 25, 2012

Capitalism Means Private Profits And Private Losses

Capitalism means private profits and private losses. It doesn’t mean private profits and socialized losses. ― Peter Schiff, cited in Bull Source

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 24, 2012

2012 Presidential Race

"Ron Paul isn't changing to meet the establishment; the establishment is changing to meet him." - in Twitter

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 23, 2012

Q&A: Retirement Assets


Russell from Louisville, KY: I fear my father's retirement will come during the next severe downturn, rendering his life's work into his retirement fund worthless. Same with my mom who has more to lose. Should they cash out of their 401(k), take the hit, and pay off their mortgage? Should they cash out individually and invest in a diversification of precious metals, currencies and foreign stocks?

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 22, 2012

Fox Business Video Interview


Recent Fox Business video interview with Peter.

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 21, 2012

Recessions In A Free Market System

In a free market system, recessions, however painful, serve the salutary purpose of wringing out the excesses of the preceding boom and restoring fundamental economic balance. - excerpt from The Little Book Of Bull Moves

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 20, 2012

There`s No Way We Are Going To Pay The Debt


One of the best speeches from Peter Schiff in recent years.

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 19, 2012

The Peter Schiff Show: Kotlikoff Interview


Peter interviews guest Laurence Kotlikoff, Boston University economist and 3rd Party Candidate for U.S. President.

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 18, 2012

The U.S. And Italy Have Very Similar National Debt Profiles

Objectively speaking, the U.S. and Italy, for instance, have very similar national debt profiles. Yet interest rates in Washington are currently 600 basis points lower than they are in Rome.

This means that Americans can borrow and spend much more. The result of all this extra debt financed consumption is a boost in employment and GDP. The positive economic impact makes the dollar even more attractive, thereby perpetuating the cycle.

If rates in Italy (or Spain for that matter) were as low now as they were two years ago, those countries would not be experiencing the problems they are today. Their borrowing costs would never have risen and their budgets would still be manageable. Similarly, higher interest rates in the U.S. would completely take the shine out of our economy.

Imagine what would happen here if rates were just 200 basis points higher, let alone 600? U.S. consumers, homeowners, corporations, and governments are particularly dependent on cheap financing. As bad as things are in Europe, they would be even worse here. - in Business Insider

Related, SPDR S&P 500 Index ETF (SPY), ProShares UltraShort 20+ Year Treasuries ETF (TBT), iShares Barclays 20+ Year Treasuries Bonds ETF (TLT), Ishares Italy ETF (EWI)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 17, 2012

Video Market Update


Latest video market update, The Schiff Report.

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 15, 2012

Long Term Investing

My investment strategy has always focused on understanding longer term trends, where my track record has been extraordinary, and has discouraged efforts at short term market timing. - in the Little Book of Bull Moves

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 14, 2012

A Nickel Ain`t Worth A Dime Anymore

When Yogi Berra, asked what he thought about the economy, s aid, "A nickel ain`t worth a dime anymore", he seemed at least to intuit that sound money should be a top national priority, a point a lot of people in pinstripes still don`t seem to get. - in the Little Book Of Bull Moves

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 13, 2012

We Must Repudiate Big Government

I hope we can fully repudiate big government whether it is Republicans or Democrats that want it and we can embrace Ron Paul and change the Republican Party and bring it back to the party of limited government. - in Business Insider

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 10, 2012

Positioning For A Dollar Crash

"We're positioning for a dollar crash. Over the last decade, the dollar's rallies have all been opportunities to sell." - in The WSJ

Related: SPDR Gold Trust ETF (GLD), PowerShares DB US Dollar Index Bearish (UDN)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

Free Market Capitalism

"We need to go back to the principles of free-market capitalism." - in azcentral

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 9, 2012

The Longer We Postpone, The Bigger The Problems Will Be

The Federal Reserve is helping the government postpone the tough political decisions. The longer we postpone, the bigger the problems will be. - in azcentral

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 6, 2012

The Problem With Socialism

The problem with socialism is that eventually you run out of other people's money. -- Peter Schiff, quoted in Twitter

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 5, 2012

An Opportunity To Buy Contra-Dollar Assets on the Cheap

For smart investors, dollar strength caused by euro fears is simply an opportunity to buy contra-dollar assets on the cheap. Yes, I believe sub-US$30 silver and sub-US$1,600 gold are still cheap for what's ahead.

And with 2012 forecasts of US$2,200 by Morgan Stanley, US$2,050 by UBS, and US$2,000 by Barclays, it appears I'm not alone. - in Business Insider

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

The US Dollar Is Riding Higher But...

Right now, the dollar is riding high. But it's still down over 30 percent over the last decade as measured by the generous US Dollar Index. Gold, by contrast, is up over 350 percent in that period. Of course, past performance does not guarantee future results, but the fundamentals have not changed.

It's worth remembering that mainstream analysts chose the dollar over gold in almost every report over the last 10 years, based on a blind faith in the power of the US government to centrally plan the American economy. The market proved them wrong. - in Business Insider

Related ETFs, SPDR Gold Trust ETF (GLD), PowerShares DB US Dollar Index Bullish (UUP)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

This Could Be The Year That Gold Beats Its Inflation-Adjusted All-Time High

There is a lot to look forward to in this new year. After all, this may be the year that weaker member-states are booted from the euro. It might be the year that the People's Bank of China makes explicit its covert policy of gold-buying. And it could be the year that gold beats its inflation-adjusted all-time high of $2,300/oz.

As I explain in my commentary, I think the current euro trouble and dollar rally have created another historic opportunity to diversify out of dollars. When everyone is buying, that's when you want to sell.

Though it may seem like everyone has been buying precious metals the past few years, it's still a very small percentage of the market compared to those buying dollars. Just ask an investment advisor at any of the big banks what percentage you should allocate to gold and silver vs. dollars and Treasuries. They'll still say to put your savings in US government assets, even though that has been a losing bet for a decade! - excerpt form the Schiff Gold Report

Related, SPDR Gold Trust ETF (GLD), IShares Silver ETF (SLV)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 4, 2012

The Reason Our Economy Got Into So Much Trouble

The reason our economy got into so much trouble is because we completely abandoned the free market and we followed the government policies of Bush and now we have got the even bigger government policies of Obama. - in Business Insider

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

2012 Presidential Race

I hope it is Ron Paul who wins Iowa and not just Iowa but obviously New Hampshire, the nomination and the presidency. - in Business Insider

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 3, 2012

The Fundamentals Have Never Been Better For Gold

We’ve been buying – personally I have been buying particularly in the mining stocks which I think have a lot of value. I was very bullish on gold for 2011. This time 2010. And for most of the year we had a very strong market. I didn’t anticipate the extent of the decline towards the end of the year, although that makes me even more bullish for the prospects for gold for 2012. I think the fundamentals have never been better for gold and I think prices are going a lot higher. - in ValueWalk

Related stocks, Newmont Mining (NEM), Goldcorp (GG), Anglo Gold (AU), Barrick Gold (ABX)

Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

January 2, 2012

CNBC Video: Gold Outlook



Peter Schiff`s comments on the economy, stock markets, politics and gold. Schiff is the renowned writer of the bestseller Crash Proof: How to Profit from the Coming Economic Collapse.

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