Peter Schiff
CEO of Euro Pacific Capital
Peter Schiff, CEO of Euro Pacific Capital and author of the The Real Crash: America's Coming Bankruptcy.
Best Selling author Peter Schiff is the CEO and Chief Global Strategist of Euro Pacific Capital. His podcasts are available on The Peter Schiff Channel on Youtube.
Peter Schiff Articles
Historically, national housing prices have increased no faster than the annual rate of inflation, as measured by the CPI. Though recent changes to that index, and several short-term anomalies, have resulted in the CPI underestimating...
An old trading adage states the following: markets can remain irrational longer than investors can remain solvent. As our recent experience with the dot com bubble proved, in financial markets anything is possible in the short-run. It...
Last week, following my appearance on CNBC's "Squawk Box" Steve Liesman dismissed my warnings of dire consequences resulting from America's growing current account deficit, by arguing that 20 years of consistent deficits have failed to...
Never has a changing of the monetary guard taken place with the U.S. economy in so precarious a position. When Paul Volcker arrived, everyone knew the economy was a mess. Volcker's obvious job was to clean it up. Today, the general...
I am always amazed at how Wall Street is so easily fooled by statistics. If a number merely exceeds some consensus expectation, markets will react favorably, regardless of the misleading nature of the statistics themselves. It is purely an...
While Wall Street pundits extol the virtues of the stock market, and its promise of assured riches, they consistently denigrate gold, and its value as an investment alternative. Gold, they chide, is an arcane relic, as out of fashion as...
In a commentary last week, I compared the recent surge in gold prices to the death of a canary in a coal mine. This week it appears that a few of Wall Street's miners have reluctantly gotten a whiff of the stench and are now scrambling for...
If the stock market was a coal mine, and investors the miners, gold would be their canary. A sharp increase the price of gold is a warning signal that all is not well. It is a precursor to rising inflation, higher interest rates, reduced...
Earlier this week, Wall Street Pollyannas reacted with glee to the release of seemingly mild producer and consumer prices data. While August PPI and CPI rose .6% and .5%, annualizing to 7.5% and 6% respectively, the completely meaningless...
Apparently, New Orleans residents believed that their situation was the exception that proved Murphy’s Law. Though the inability of New Orleans' levee system to withstand a Category-4 hurricane was apparently widely known, rather then...
