November 30, 2012

Gold: The Safe Haven Asset



Related: SPDR Gold Trust ETF (GLD), 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.

Video: Higher Inflation Ahead


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.

November 29, 2012

The Real Danger Is Not Going Over The "Fiscal Cliff"



Video summary: Peter Schiff, CEO of Euro Pacific Capital says that the real danger is that the U.S. doesn't go over the "fiscal cliff", as this means that the budget deficit will get bigger.

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.

November 28, 2012

Video: Lots of Opportunities in Asian Stocks



Video summary: Peter Schiff, CEO of Euro Pacific Capital, says that there's a lot of opportunity in Asian stocks, especially over the longer term.

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.

November 27, 2012

Video: No Ceiling For Gold Prices


Related: SPDR Gold Trust (ETF), Newmont Mining (NEM), Goldcorp (GG), 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.

Video Interview: San Francisco Hard Assets Investment Conference



Exclusive from the San Francisco Hard Assets Investment conference, Al Korelin sits down with Peter Schiff to chat about the US election. They talk about how Obama won the recent election and who each of them voted for.

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.

November 26, 2012

Videolog: Black Friday, Cyber Monday, 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.

November 24, 2012

The Bubble: Interviewing Peter Schiff


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.

November 23, 2012

Avoiding The Cliff Is Very Bullish For Gold

If we avoid the cliff, that is very bullish for the gold market because that means that trillion dollar-plus deficits will perpetuate, and these big deficits are what’s undermining the dollar because the Fed has to print money to finance them. The more money they create to buy up the bonds that nobody wants, the higher the price of gold is going to go. - in Economic Collapse News

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.

November 22, 2012

Bernanke Is Going To Print Money Indefinitely

"Bernanke’s going to print money indefinitely, so there’s no bottom on the dollar and no ceiling for the price of gold." - in CNBC

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.

Gold Will Ultimately Eclipse $5,000

It’s hard to put a timetable on it, but I do believe that gold will ultimately eclipse $5,000. I don’t know how high it will go, because there’s no ceiling on how low currencies can go. - in MoneyNews

Related: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)

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.

November 21, 2012

Fiscal Cliff Deal to Boost Gold



Related stocks and ETFs: SPDR Gold Trust ETF (GLD), Newmont Mining (NEM), Goldcorp (GG), 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.

November 20, 2012

Mises TV: The Real Fiscal Cliff


Economist and investor Peter Schiff at Mises University on The Real Fiscal Cliff and How to Spot the Ledge.

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.

November 19, 2012

Taxes: Increase It On People Who Spend Money

If you do want to raise taxes, the best way to do it is through a consumption tax. If you’re going to increase taxes, don’t increase the marginal rate; just increase it on people who spend money, not on people who save and invest it. - in Seeking Alpha

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.

November 18, 2012

Is A College Degree Worth The Cost? You Decide.



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 Problem With The Obama Victory

But the problem with the Obama victory is that he’s obviously the worse of the two candidates—the reason Obama was elected is because he’s promising free stuff. The fact that we would re-elect Obama, despite the fact that the economy is bad and getting worse, just shows how hopeless the situation is as far as America ever doing the right thing. - in HAI

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.

November 17, 2012

Inflation Is Going To Get Much Worse

"Unfortunately , inflation is going to get much worse. If the Fed doesn't do anything about it, gold is going to go ballistic." - in ABC News

Related ETFs: 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.

You Want To Avoid The US Dollar And Bonds

I think it’s the same asset allocation as before: You want to avoid the dollar; you want to avoid bonds; you want to be in precious metals; you want to be in resources; you want to invest abroad. - in an answer to a question about a possible change in asset allocation after Obama`s win

Related: PowerShares DB US Dollar Index Bearish (UDN), ProShares UltraShort 20+ Year Treasuries ETF (TBT)

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.

November 16, 2012

US Dollar: Watch Your Savings Evaporate

"You can own dollars and watch your savings evaporate. The alternative is to own gold." - in ABC News

Related ETFs: 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.

We Need Enormous Cuts In Government Spending

Everybody is saying we have to avoid the fiscal cliff, but eventually we’re going to go over a much bigger fiscal cliff, because this one is really a pothole. In the current case, we’re talking about cuts in government spending which are trivial relative to the types of cuts we actually need to solve the problem. People are panicking because we might have small cuts in government spending. We actually need enormous cuts in government spending, the problem is we’re not getting them. - in HAI

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.

November 15, 2012

Going Over The Fiscal Cliff Is Not The Problem. It Is Part Of The Solution.

The truth is that regardless of what you call it, going over the fiscal cliff is not the problem, it is part of the solution. Our leaders should construct a cliff that is actually large enough to restore fiscal balance before a real disaster occurs. That disaster will may take the form of a dollar and/or sovereign debt crisis that will make this fiscal cliff look like an ant hill. - excerpt from the The Global Investor Newsletter 

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.

Fiscal Cliff: What Is So Terrible About That?

The fiscal cliff means that the federal budget deficit will be immediately cut in half, shrinking to approximately $641 billion in 2013 from the approximately $1.1 trillion in 2012. What is so terrible about that? I would argue that there is a greater danger in avoiding the cliff than driving over it. - excerpt from the The Global Investor Newsletter: Special Edition - Election 2012

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.

November 14, 2012

Video: Is a College Education Worth the Cost? You Decide.



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.

Video: MoneyShow Las Vegas 2012


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.

November 13, 2012

The Media Is Now Focused On The "Fiscal Cliff"

Now that President Obama has been re-elected, the media is finally free to focus on something besides the clueless undecided voters in Ohio, Florida, and Colorado. The brightest and shiniest object that has attracted its attention is the "fiscal cliff" that we are expected to drive over at the end of the year unless Congress and the President can agree to turn the wheel or apply the brakes... - in Schiff`s Facebook Page 

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.

November 12, 2012

CNBC Video: Fiscal Cliff Isn`t The Problem, The Debt Is



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.

November 11, 2012

Video Interview: Federal Reserve, Inflation, Market 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.

November 10, 2012

Ben Bernanke's Job Is Safe, Your Money is Not

Ben Bernanke's job is safe now that Obama was re-elected, but your money is not. Ultimately, they're going to print even more money. - 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.

November 9, 2012

The Minute The Confidence Is Lost, We Will Have A Real Crash

"He (Bernanke) is lying. It is not inflation neutral, it is the very definition of inflation and the government tries to mask how bad it is by giving us phoney numbers... it's only going to get worse because the Fed doesn't think we have enough inflation and is deliberately creating more.

It's all about confidence. The minute the confidence is lost, this con game is over and we will have a real crash. So it is coming, will hit us hard, and probably happen in Obama's second term.

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.

Obama 2.0 & the Fiscal Cliff: Implications for America, the Markets, the Dollar, and Gold


Related: SPDR Gold Trust ETF (GLD), SPDR SP 500 ETF (SPY), 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.

November 8, 2012

Video: How Barack Obama Secured the Most Important Voting Demographic, The Idiots


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 Cannot Keep Printing Indefinitely Without Consumer Prices Going Wild

The Fed cannot keep printing indefinitely without consumer prices going wild. In many ways, this has already begun. Take a look at the gas pump or the cost of a hamburger. If the Fed ever hopes to control these prices, the day will inevitably come when the Fed needs to sell its portfolio of long-term bonds. While short-term paper can be easily sold or even allowed to mature even in tough economic conditions, long-term bonds will have to be sold at a steep discount, which will have devastating effects across the yield curve. - in Finance Townhall

Related: iShares Barclays 20+ Year Treasury Bond ETF (TLT), iShares Lehman 7-10 Yr Treasury Bond ETF (IEF)

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.

November 7, 2012

Bernanke Will Continue On The Path Of Dollar Devaluation

No matter who takes office in January, Helicopter Ben Bernanke will continue on the path of dollar devaluation until there is a flight of confidence from the dollar. - excerpt from When Infinite Inflation Isn`t Enough 

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.

Federal Reserve Pushing Infinity A Little Bit Further

If no one seems to care that the Titanic is filling with water, why not drill another hole in it? That seems to be the M.O. of the Bernanke Federal Reserve. After the announcement of QE3 (also dubbed "QE Infinity") created yet another round of media chatter about a recovery, the Fed's Open Market Committee has decided to push infinity a little bit further. The latest move involves the rolling over of long-term Treasuries purchased as part of Operation Twist, thereby more than doubling QE3 to a monthly influx of $85 billion in phony money starting in December. I call it "QE3 Plus" - now with more inflation! - in IB Times 

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.

November 6, 2012

The Dollar Crisis Will Cause Massive Emigration Of Young Adults

"The dollar crisis will cause a mass emigration of young adults from the US too." - in Schiff`s Facebook Page 

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.

November 5, 2012

Video: Michael Moore Is A Capitalist


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.

November 4, 2012

Video: Interviewing Marc Faber On Schiff Radio



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.

November 3, 2012

US Sets Interest Rates Like Soviet Union Set Prices Of Bread

US sets interest rates like Soviet Union set prices of bread. - in NOLA conference

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.

November 2, 2012

Business Investing Vs. Government Spending

The business community is not investing, but the government is spending. When you break it down, the lion's share of the growth is coming from government spending. - in LA Times 

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.

November 1, 2012

We Are Going To Have A Dollar Crisis

I think we’re going to have a monetary crisis and a dollar crisis. We're going to have a real crisis of confidence. - in CNBC

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.

Gold Is Inexpensive

One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price. - in CNBC 

Related: SPDR Gold Trust (ETF) (GLD), Newmont Mining (NEM), Goldcorp (GG), 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.

Gold’s Got Only One Direction To Go

Gold’s got only one direction to go, and that’s higher. - in Insider Monkey

Related: SPDR Gold Trust (ETF), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)

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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