Peter Schiff

Peter Schiff

Peter Schiff is the president of Euro Pacific Capital and the author of Crash Proof 2.0: How to Profit From the Economic Collapse and The Little Book of Bull Moves in Bear Markets.


National Bankruptcy

Hair of the Dog

Hair of the Dog

Nov 02 2009

The GDP numbers out yesterday, which showed economic growth at 3.5% in the third quarter, brought a deafening chorus from public and private economists who

National Bankruptcy

King Dollar Abdicates

King Dollar Abdicates

Oct 24 2009

For the most part, the value of the dollar is given cursory attention by the financial media. Typically, its movements are assigned an importance on

National Bankruptcy

Ignorance Is Bliss

Ignorance Is Bliss

Oct 16 2009

While all the talk at present is about economic corners turned and markets charging ahead, no one is paying much notice to an American economy

National Bankruptcy

The Recovery That Isn”€™t

The Recovery That Isn”€™t

Oct 02 2009

For those market boosters who are prattling on about the possibility of a “jobless recovery,” I offer an invitation to join me for a breakfast

World

Pretense in Pittsburgh

Pretense in Pittsburgh

Sep 25 2009

As another G20 meeting rolls around, this time on home soil, the time comes once again for the economically curious but politically unconnected to wonder

National Bankruptcy

Lehman Bros. Revisited

Lehman Bros. Revisited

Sep 18 2009

As we pass the one year anniversary of the fall of Lehman Brothers, journalists, politicians and market analysts have seized on the occasion to offer

Economy

Canary in the Coal Mine

Canary in the Coal Mine

Sep 11 2009

Like a battering ram in a medieval siege, gold keeps hammering away at the gate. For the third time in less than twelve months, the

National Bankruptcy

The Helicopter’s Second Round

The Helicopter’s Second Round

Aug 26 2009

Ayn Rand wrote, “when you see corruption being rewarded and honesty becoming a self-sacrifice—you may know that your society is doomed.” America is not yet

National Bankruptcy

Appetite for Destruction

Appetite for Destruction

Aug 21 2009

After having given away billions faster than even the optimists had anticipated, it was announced today that the federal government’s “Cash for Clunkers” program is

Economy

Big Government = Low Wages

Big Government = Low Wages

Aug 14 2009

The nationwide revelry surrounding our apparent economic recovery was disrupted this week by the release of lower-than-expected retail sales data. However, rather than sending a

National Bankruptcy

“€œExperts”€ Never Learn

“€œExperts”€ Never Learn

Aug 07 2009

There is an inexplicable, but somehow widely held, belief that stock market movements are predictive of economic conditions. As such, the current rally in U.S.

National Bankruptcy

The Recession is Finally Over (NOT!)

The Recession is Finally Over (NOT!)

Jul 31 2009

Have you heard the great news? The recession is over! It's true; I saw it on TV. Why fret about growing unemployment lines when banks

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No Exit

No Exit

Jul 24 2009

In a Wall Street Journal op-ed on Monday, and in congressional testimony later in the week, Fed Chairman Ben Bernanke reassured all that thanks to

Politics

Prescription for Disaster

Prescription for Disaster

Jul 17 2009

The health care bill unveiled this week by the House of Representatives (with the full support of the Obama administration) is one of the worst

Economy

Where Have All the Gas Pumpers Gone?

Where Have All the Gas Pumpers Gone?

Jul 10 2009

In a free market, demand is always a function of price: the higher the price, the lower the demand. What may surprise most politicians is

Politics

Double Whammy”€”Obama Care & Cap-and-Trade

Double Whammy”€”Obama Care & Cap-and-Trade

Jun 26 2009

Misguided government policies have already dealt vicious body blows to our economy, but that hasn’t stopped politicians this week from launching two new kicks to

National Bankruptcy

Back in the U.S.S.A.

Back in the U.S.S.A.

Jun 22 2009

Harry Browne, the former Libertarian Party candidate for president, used to say: "€œthe government is great at breaking your leg, handing you a crutch, and

National Bankruptcy

Got Property?

Got Property?

Jun 12 2009

"€œCrony capitalism"€ is a term often applied to foreign nations where government interference circumvents market forces. The practice is widely associated with tin-pot dictators and

The Obamasphere

Charm Offensive

Charm Offensive

Jun 05 2009

This week, Team Obama took their dog and pony show on the road. Treasury Secretary Geithner went to China, Fed Chairman Bernanke to Capitol Hill,

National Bankruptcy

Obama Should Tell Cali to Drop Dead!

Obama Should Tell Cali to Drop Dead!

May 30 2009

During the height of New York City’s financial crisis in the 1970’s, President Gerald Ford had the good sense to turn down Mayor Abe Beame’s

National Bankruptcy

Housing: The Bubble That Hasn”€™t Burst (Yet)

Housing: The Bubble That Hasn”€™t Burst (Yet)

May 27 2009

While economists and real estate investors “celebrate” the slight deceleration in the pace of home price declines in the recent data, a quick look at

National Bankruptcy

Who, Me?

Who, Me?

May 15 2009

When, during the invasion of Iraq, the United States Government issued its famous deck of playing cards with the 52 arch villains of the Iraqi

Economy

Happy Days

Happy Days

May 08 2009

Strike up the band, boys, happy days are here again! Recently released short-term economic data, including unemployment claims, non-farm payrolls, home sales, and business spending,

National Bankruptcy

Maxed Out

Maxed Out

Apr 24 2009

With much fanfare this week, Congress and the Administration began a series of actions designed to protect over-leveraged consumers from the high fees imposed by

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Presidential Consent

Presidential Consent

Apr 18 2009

In a speech this week summarizing his administration’s economic policies, President Obama grossly overstated the support these policies enjoy by claiming, “economists on the left

National Bankruptcy

Common Sense Bye-Bye

Common Sense Bye-Bye

Apr 09 2009

Apart from the obvious financial distress that the current economic crisis has inflicted on most Americans, perhaps one of the more irksome byproducts of the