December 29, 2012

Video: We Can't Solve Our Problems Without Going Over A Cliff


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.

December 28, 2012

Video: Big Government Is Expensive And We Are Just Finding This Out


Related: Fiscal Cliff, US Bond Market, JJB, Bank of Japan, Yen

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.

December 27, 2012

Supply Of Paper Money vs. Supply Of Precious Metals

The supply of paper money is going to go through the roof just at the time that the supply of gold and silver is shrinking. - in Moneynews

Related: iShares Silver Trust 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.

December 26, 2012

Keiser Report: Crazyflation (ft. Peter Schiff)


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.

December 23, 2012

Gold: Holding Something With Intrinsic Value That People Like Ben Bernanke Can't Print

"Think about it. What are you going to do? Are you going to hold dollars at zero percent with Ben Bernanke promising to print until infinity? Are you going to hold euros, are you going to hold yen, or the yuan?

People are voting with their feet and moving into gold. They're holding something with intrinsic value that people like Ben Bernanke can't print." - 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.

December 22, 2012

Video: Forget Currencies, Go With Gold Instead



Video Summary: Considering global economy uncertainties and monetary policies, Peter Schiff of Euro Pacific Capital.

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.

December 21, 2012

Video: Perfect Storm For Metals



Related: iShares Silver Trust 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.

December 20, 2012

We Have Too Many People Consuming, Not Enough People Producing

"We have too many people consuming, not enough people producing, we don`t have enough labor in manufacturing like we should. The government makes it too easy for people not to work by giving them viable alternatives. So we have created a situation where people aren`t going to work." - in CNBC with Rick Santelli

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: Is Bernanke Monetizing Debt?


Related: SPDR SP 500 ETF (SPY), SPDR Dow Jones Industrials ETF (DIA), 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.

December 19, 2012

The Federal Reserve Is 100% Committed To The Destruction Of The Dollar

In order to generate phony economic growth and to “pay” our country’s debts in the most dishonest manner possible, the Federal Reserve is 100% committed to the destruction of the dollar. Anyone with wealth in the U.S. dollar should be concerned that economic leadership is firmly in the hands of irresponsible bureaucrats who are committed to an ivory tower version of reality that bears no resemblance to the world as it really is. - in Market Playground

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.

Fed`s Long-Term Forecasting Is Horrible

"The Fed's long-term forecasting, particularly when it comes to seeing a crisis in advance or a bubble, like the stock market bubble or the real estate bubble, is horrible." - in Economic Collapse News 

Related: SPDR SP 500 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.

December 18, 2012

It Is Impossible For The Fed To Fight Inflation

As the biggest buyer of treasuries, it is impossible for the Fed to sell without chances of collapsing the market. Surely any other holders of treasuries would want to front-run the Fed, and what buyer would be foolish enough to get in front of the Fed freight train? The bottom line is that it is impossible for the Fed to fight inflation, which is precisely why it will never acknowledge the existence of any inflation to fight. - in Market Playground

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.

What Will Happen If Their Expectations Turn Out To Be Wrong?

If the Fed will not react to what inflation is, but rather to what it expects it to be, what will happen if their expectations turn out to be wrong? After all, their track record in forecasting the events of the last decade has been anything but stellar. - in Market Playground 

Related: iShares Barclays 20+ Year Treasury Bond ETF (TLT), 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.

Federal Reserve: Gamble To Revive The Lethargic Economy

By upping the ante once again in its gamble to revive the lethargic economy through monetary action, the Federal Reserve’s Open Market Committee is now compelling the rest of us to buy into a game that we may not be able to afford. At his press conference last week, Fed Chairman Bernanke explained how the easiest policy stance in Fed history has just gotten that much easier. First it gave us zero interest rates, then QEs I and II, Operation Twist, and finally “unlimited” QE3.

Now that those moves have failed to deliver economic health, the Fed has doubled the size of its open-ended money printing and has announced a program of data flexibility that virtually insures that they will never bump into limitations, until it’s too late. Although their new policies will create numerous long-term challenges for the economy, the biggest near-term challenge for the Fed will be how to keep the momentum going by upping the ante even higher their next meeting. - in Market Playground 

Related: PowerShares DB US Dollar Index Bearish (UDN), 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.

December 17, 2012

Video: We Will Never Pay The Debt


Video Summary: Euro Pacific Precious Metals CEO Peter Schiff on the growing crisis in the bond market and its impact on the U.S. 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.

Tax Policy, Incentives & Economic Improvement

"Tax policies that diminish the incentives and capacities of innovators, business owners and investors will not spur economic improvement." - in Live Trading 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.

December 16, 2012

There's a Myth Out There

"There's a myth out there propagated by people like Warren Buffett that the rich used to pay much higher rates of tax than they do today. The truth is the opposite." - in a Daily Ticker video interview

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.

December 15, 2012

Bernanke On Inflation

Ben Bernanke said it is not going to react to a short term increase in current inflation. So, if inflation picks up in the here and now, that is not going to worry Ben Bernanke because he is going to look beyond that to the future and if he is convinced that a rise in inflation today is going to be reversed in the future, he is not going to do anything.

In fact, he specifically said that he is not going to look at increases in the price of globally traded commodities. How convenient! That means oil, that means food, basically food and energy.

So if all the money printing creates an increase in oil prices or food prices, Ben Bernanke is not going to care. - in Bernanke Throws the Dollar Over the Currency Cliff videolog

Related: United States Oil Fund ETF (USO), SPDR Gold Trust ETF (GLD), Powershares DB Agriculture Fund ETF (DBA)

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.

December 14, 2012

Video: They Don`t Have The Right To Steal My Money



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.

Transitory & Permanent Inflation

The Fed has been saying that rising food and energy prices are transitory, they have been saying that for 10 years and I am still waiting for the transition.

The fact is they are not transitory, they are permanent and prices are going to keep on getting higher.  - in Ben Bernanke throws the dollar over the Currency Cliff videolog

Related: United States Oil Fund ETF (USO), SPDR Gold Trust ETF (GLD), Powershares DB Agriculture Fund ETF (DBA)

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.

December 13, 2012

Video: We Need To Cut Government Spending



Related: SPDR SP 500 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.

Video: Bernanke Throws The Dollar Over The Currency Cliff


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.

December 12, 2012

They Don't Have A Right To Steal My Money

First of all, I'm in the top two percent. Right now, I'm paying 45 percent of my total income in income taxes, both to the state of Connecticut and to the federal government, and if you take the 3 percent Medicare tax, after the tax hikes go into effect next year, more than half -- more than half of my total income is going to go to the government.

You tell me, what's fair about that when medieval serfs pay 25 percent, I'm paying half? I don't care what the majority voted to do, they don't have a right to steal my money just because they vote for it. - in Real Clear Politics 

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 Know What The Wealthy Are Going To Do?

"You know what the wealthy are going to do? They're going to invest more abroad, they're not going to work as hard, they're not going to pay as much in taxes, they're not going to employ as many people. Their employees are going to pay all the taxes." - in CNBC, while discussing the fiscal cliff

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.

December 11, 2012

CNBC Video: Fiscal Cliff Countdown


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.

Monetary Policy, QE`s And The Fiscal Cliff

"If it wasn't for all his accommodation, all the QEs, we wouldn't have to go over the fiscal cliff. In fact, ultimately because of what the Fed has done, we're going to have to go over a much bigger cliff." - in Money 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.

December 10, 2012

Gold: How High Can It Go?

I think it will go to $3,000, $5,000, higher than that. A lot depends on decisions that haven’t been made yet. How much money are we going to print? How long are we going to try to keep interest rates artificially low? How long is it going to take before the world realizes that we’ve been conning them? - in Money News

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 Best Thing We Can Do For Economic Growth Is To Lower Taxes On The Rich

The best thing we can do for economic growth is to lower taxes on the rich...they're already too high...but we also have to acknowledge that government is too big. We have to dramatically reduce the size of government spending and if we don't do that then we need to be talking about tax increases on the middle class and working poor. - in Daily Ticker

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 Video: Rand Paul On Capitalism



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.

December 9, 2012

We're Asking The World To Give Us Money Indefinitely

"We're asking the world to give us money indefinitely so that we can live beyond our means. When the world figures this out and decides it doesn't want to play this anymore, it's going to mean a much bigger drop in the dollar. The fed will have to print even more money to keep interest rates artificially low and [gold] prices will skyrocket." - in Yahoo Finance

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.

December 8, 2012

Video: Going Over The Fiscal Cliff Is Part Of The Solution


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.

December 7, 2012

Tax Policies, Incentives & Economic Improvement

In reality, tax policies that diminish the incentives and capacities of innovators, business owners and investors will not spur economic improvement. Such policies will, however, satisfy the instincts of those who want to "stick it to the rich." Never mind that the rich have already been stuck fairly well. - in The WSJ 

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.

December 6, 2012

Impossible To "Pay" One's Bills By Borrowing More

It is impossible to "pay" one's bills by borrowing more. Taking out new loans to retire existing debt may replace old creditors with newer, larger, creditors, but it can never be described as a real pay down. It's like paying off your Visa card with a Master Card. Paying one's bills requires that outstanding debt be diminished. - in RT.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.

Gold Is Money

"Gold is money, everything else is a poor substitute" - in Twitter

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.

December 5, 2012

Video: Bernanke, a Jobs-Saving Superhero?



Video Summary: Ramesh Ponnuru, senior editor at National Review, on why small-government activists should support the Fed's stimulus program.

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.

December 4, 2012

Video: Debt Ceiling & The Fiscal Cliff



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.

December 3, 2012

Video: America`s Coming Bankruptcy


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.

December 2, 2012

China: There Is A Lot Of Value In That Market



A long term bullish case for chinese stocks.

Related: SSE Composite Index (SHA:000001), Hang Seng Index (INDEXHANGSENG:HSI)

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.

December 1, 2012

Video: Bullish On Asia



Video Summary: A long term bullish outlook on asian economies and asian 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.