Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital, an SEC- registered investment adviser and a full-service broker/dealer. He is one of the few widely known economists and investment professionals to have spoken about the financial crisis of 2008 before it began. As a result of his views on the destructive nature of monetary stimulus, as well as his colorful views the U.S. economy and the financial markets, he has become one of the most widely recognized personalities in the economic world. He is known for his advocacy for free market economic solutions and for his preference for non-dollar and commodity-focused investments in countries with positive fiscal characteristics. Read More >
The Crash of the U.S. Bubble Economy
The Future of the Economy (The Atlantic Monthly Panel)
The economic collapse that Peter Schiff had long foretold has finally come to pass. The stock markets have plunged, the housing market has collapsed, and the government’s budget is soaring out of control. The Federal Reserve is printing money by the trillions in a vain effort to stabilize the situation. Amidst all the carnage, investors and economists still do not understand the root cause of the problem and are therefore proposing reckless solutions. Because so few understand fundamental economic principles, it should not come as a surprise that many investors cannot see the inevitable result of Washington’s response to the crisis. In particular, the US dollar, which has paradoxically benefitted from a “flight to safety” of late, is poised to become a nearly worthless currency. All investors need to be cognizant of this possibility as they look to protect their wealth for themselves and future generations.