Last week, Peter Schiff, president of Euro Pacific Capital, sat down on CNBC to discuss how he thinks Obama taking office will not necessarily help the crisis. Schiff has notoriously predicted much of what we've already seen in the markets and economy thus far. And, he thinks the dollar gets obliterated as we move forward (as do I).
After the market crashes of October I confess to being in sober mood but still thinking! The dollar surge during the month is something I had expected in a crash and wrote about long ago on AME Info. But I wonder how long this strength will last.
Peter Schiff remains unrepentantly bullish on gold, and [...]
Being a history lover, I know what happened to the German Republic after World War I. But it’s the first time I’m hearing about the Weimar Republic. Watch the video below and especially listen from 3:52 to 4:30. Printing truckloads of new money is not the answer. Americans!! Stop borrowing at a loss and [...]
"Vegas 360°," the latest panoramic book by Cincinnati photographer Thomas Schiff, will debut with an exhibition of photos from the book at the Las Vegas Art Museum from October 25 through November 30.3 Vote(s)
For years my favorite lesbian financial planner, Suze Orman, has been driving me nuts—not that she has been any different than most of the financial experts out there. Suze has always been optimism on steroids with an estrogen twist—cheerleading the economy—that the boom was going on forever---never realizing that it was all funny money. Whenever there was a downward blip she got on CNN or
Reagan’s economic advisor challenges Peter Schiff’s predictions.
Technorati : Peter Schiff predicts financial recession TWO years ago.
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Peter Schiff, president of money manager Euro Pacific Capital, warns that after years of profligate spending, the "chickens are finally coming home to roost"."Our whole phony standard of living is imploding," he said. "We have borrowed and spent ourselves into oblivion.""It's amazing that people can't figure out that America is broke."Americans are feeling a lot more economic pain than the governm
The editors trust that this 10th edition of Diseases of the Liver provides an accurate assessment of the many states of the art in hepatology. The platform on which hepatology is based has never been sturdier. The depth of understanding of many processes that take place in the liver and the multiple factors that affect them give us hope that ever more successful ways to diagnose and treat a variet
Peter Schiff, one of the smartest guys around and one of the first people who warned us about the burst of the housing bubble, wrote this excellent article for the LA Times.
These are some of the things he says in this article:
“The government is trying in vain to get funds flowing again and put a [...]
Freunde und Feinde hat die Sommerzeit. Die Kühe geraten aus dem Takt und für die Menschen ist es nicht einfacher: Schlaflosigkeit und Müdigkeit im Büro und bei der Arbeit. Ursprünglich lebten wir nach dem Sonnenstand. Und das alles nur, weil per Erlass von New York bis Ankara an der Uhr gedreht wird. Die Schifffahrt leidet [...]
Peter Schiff, one of the smartest guys around and one of the first people who warned us about the burst of the housing bubble, wrote this excellent article for the LA Times.
These are some of the things he says in this article:
“The government is trying in vain to get funds flowing again and put a [...]
Peter Schiff has been on all over the media for the past couple of years. The guy has a lot to say about our bubble economy and he has been right so far. He has a great book which I really recommend and the name is “Crash Proof: How to Profit From the Coming Economic [...]
Consider a daily workout instead of a weekly visit to the gym. Schiff green tea diet provides you with the best way to workout everyday without the hassle of going to the gym!
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Peter is the man. Every time he turns up on the TV he wipes the floor with every other panel member. He is the voice of reason, good sense and financial prudence.Here Peter predicted that the price of oil going to $150 a barrel. The logic was straightforward. One day, China will stop keeping their domestic currency low relative to the dollar. Once the Yuan appreciates, the dollar price of oil will fall, and then demand from Asia will shoot up. This increased demand for oil will push the price up towards $150 a barrel.Go, Peter, Go.Start at the top and work your way down.
Here’s another new round of fairly calamitous forecasts from three of the most accurate economic prognosticators of our recent times.Keep in mind that the respective outlook of all three forecasters has not changed measurably in the last year or so and, in fact, it seems quite obvious now that they were among the very few who clearly envisaged the full breadth and depth of the housing decline and the spillover effects that it’s reversal would have on the economy as a whole.Peter “Dr. Doom” Schiff, President of Euro Pacific Capital joins CNN and CNBC to discuss the mortgage-housing crisis and its effects on the wider economy. Schiff points out that many of the subprime and toxic exotic loan borrowers were not victims but, in fact, speculators.As lending standards tighten, returning to normal, home prices will correct and home equity will “vanish” leading Schiff to predict that he is “100% certain that we are headed for a severe and prolonged recession” while also sugges
From the Downsize DC DispatchIt's more fun to cheer than jeer. We constantly criticize politicians and bang on them for doing the wrong thing. But it's just as important to support those few who do good things. Representatives Schiff and Flake are doing good things. They're fighting to prevent Presidents, present and future, from gaining the power to spy on Americans without a warrant.Schiff and Flake need your support and encouragement. Part of the inspiration for DownsizeDC.org's lobbying system was the Medicare Prescription Drug bill. This boondoggle was the largest entitlement created in a generation. It is estimated that it will cost more than $700 billion over ten years. And it was passed because just two freshman Republicans, who had previously committed to opposing the bill, gave in to overwhelming pressure from the leaders of their party, including the President.We asked ourselves, "What if they knew lots of people were backing their play and paying attention?" Would they
