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
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...
The U.S. economy, which has clearly been a bubble in search of a pin, may have finally found one in Hurricane Katrina. However, if a recession ensues, it will not be Katrina that causes it, but rather America's imbalanced, savings-starved...
Yesterday on CNBC's "Closing Bell" my bullish opponent in a "Bull vs. Bear" debate rebutted my argument that Americans saved too little by claiming that the methodology used to calculate savings was flawed as it omits the accumulation of...
Yesterday the Labor Department reported that July Consumer Prices rose by .5%. Today we were informed that July producer prices rose an even sharper 1%. Though these are very serious numbers, indicative of a chronic inflation problem,...
In the second week since China's announcement of its decision to abandon the yuan's peg to the dollar, the reaction in global financial markets has intensified. Those who have underestimated the significance of this policy shift are...
One week after China's decision to scrap its dollar peg, the Bank of China has already back- peddled, warning currency traders not to expect any further appreciation of the yuan. This rhetoric seems at odds with last week's announcement,...
The old saying "no one rings a bell," certainly doesn't apply today, as China rang the "mother of all bells." So deafening was its sound, that its vibrations will be felt around the world. Nowhere will the amplitude of these waves be more...
As the "debate" over the existence of a housing bubble intensifies, both sides are likely to be proven wrong when it comes to predictions for housing declines should the bubble burst. Most bubble advocates believe that rather than...
After years of trading in the euro's shadow, this week gold finally reclaimed its role as the safe haven of choice. In the last three weeks, Gold has risen against all three of the world's major currencies, reaching a new all-time high of...
