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Peter Schiff

Peter Schiff

Contributor since: 26 Feb 2010

Biography

Mr. Schiff is one of the few non-biased investment advisors (not committed solely to the short side of the market) to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on the U.S. stock market, commodities, gold and the dollar, he is becoming increasingly more renowned. He has been quoted in many of the nations leading newspapers, including The Wall Street Journal, Barron's, Investor's Business Daily, The Financial Times, The New York Times, The Los Angeles Times, The Washington Post, The Chicago Tribune, The Dallas Morning News, The Miami Herald, The San Francisco Chronicle, The Atlanta Journal-Constitution, The Arizona Republic, The Philadelphia Inquirer, and the Christian Science Monitor, and has appeared on CNBC, CNNfn., and Bloomberg. In addition, his views are frequently quoted locally in the Orange County Register.

Mr. Schiff began his investment career as a financial consultant with Shearson Lehman Brothers, after having earned a degree in finance and accounting from U.C. Berkley in 1987. A financial professional for seventeen years he joined Euro Pacific in 1996 and has served as its President since January 2000. An expert on money, economic theory, and international investing, he is a highly recommended broker by many of the nation's financial newsletters and advisory services.

  • Americans Keep Digging

    Published 31 March 2005 | viewed 5,910 times

    The first rule of holes is that when you find yourself in one, quit digging. Not so for Americans, who simply buy larger imported shovels.…

  • Even Stephen Roach Has It Wrong

    Published 29 March 2005 | viewed 17,602 times

    In his latest commentary, Morgan Stanley's Stephen Roach, perhaps the only Wall Street economist who at least partially comprehends the looming economic danger, once again…

  • If You Think Higher Interest Rates Will Help the Dollar, Think Again!

    Published 24 March 2005 | viewed 6,040 times

    Since the release of the Fed Open Market Committee statement yesterday, much has been said about the Fed's newfound commitment to contain inflation. However, currency…

  • The U.S. Dollar's Days as the World's Reserve Currency are Numbered

    Published 19 March 2005 | viewed 9,144 times

    In the 20th Century, the U.S. dollar became the world's reserve currency because it was the coin of the world's leading economy. In the "Bizzaro"…

  • Kudlow on the Trade Deficit

    Published 12 March 2005 | viewed 7,924 times

    Today, with the release of January's $58.3 billion dollar trade deficit (the second worst monthly result on record), the enormity of the imbalance was once…

  • The U.S. Economy is as Vulnerable as Ever to an Oil-Shock

    Published 10 March 2005 | viewed 7,933 times

    With oil prices consolidating above $50 per barrel, forming a base upon which future price increases will likely be built, there is no shortage of…

  • Strong Employment Numbers Portend Worsening Economic Imbalances

    Published 05 March 2005 | viewed 7,136 times

    As crazy as this may sound, not all employment is good employment. Today's labor department release of a larger than expected 262,000 increase in February…

  • Greenspan Walks Policy Tightrope

    Published 03 March 2005 | viewed 5,962 times

    In early morning trading the U.S dollar rallied in anticipation that Alan Greenspan's Congressional testimony would include an upbeat forecast for the U.S. economy and…

  • Greenspan Tells More Whoppers

    Published 18 February 2005 | viewed 6,944 times

    In the second part of his congressional testimony, Alan Greenspan let fly a few zingers worth noting. Among the highlights: He claimed that there is…

  • Greenspan Feigns Confusion Over a No-brainer

    Published 17 February 2005 | viewed 6,567 times

    In his congressional testimony today, Greenspan said it was impossible to ascertain the effect on interest rates and national savings of the larger budget deficits…

  • Strong Retail Sales Reflect Inflation Not Growth

    Published 16 February 2005 | viewed 5,400 times

    Today's larger than expected .6% increase in January Ex-Autos retail sales, while heralded as good news by Wall Street economists, is actually bad news for…

  • CNBC Redefines the Word "Sacrifice"

    Published 11 February 2005 | viewed 11,231 times

    One of the more amusing spectacles in the ongoing circus on Wall Street occurs monthly as economic contortionists attempt to twist horrific trade reports into…

  • Warren Buffett and Bill Gates do Not a Mania Make

    Published 09 February 2005 | viewed 10,923 times

    Now that the reality of the falling dollar has finally registered with the average American, and has been covered broadly by the media and has…