Tuesday, January 31, 2012

Peter Schiff : Romney less bad for the Economy than Gingrich

Peter Schiff : "Obviously I want Ron Paul to win," "I don't think any of them are good for the economy,"
"Between Newt Gingrich and Mitt Romney, I'm going to come down in favor of Mitt Romney."


Sunday, January 29, 2012

Peter Schiff : Stocks went up but the Cost of Living went up even higher

Peter Schiff : well, it's not just the fed. you have to throw congress in there. they're the ones running the deficits that the fed is monetizing. but the combination of deficit spending and QE is what's destroying the value of the dollar and sending prices higher. stocks are no exception. we're not getting richer because the nominal value of our stocks goes up. most americans are going to get poorer because when they go to spend their dividends or the proceeds from the sale of their stocks, they're going to find the cost of living has gone up a lot faster than their stock portfolios - in CNBC

Friday, January 27, 2012

Peter Schiff Goldseek Radio 26 January 2012

Peter Schiff we got an extra year or two of zero percent interest rate , I think it is going to hit the fan before the end of 2014 , we are moving up pretty good since the start of this year gold is up and so is silver says Peter Schiff it is a good time to buy gold before the prices shoot up , the FED is continuing to prop up this phony economy , most investors still do not own any gold , so we are no way close to a bubble in gold we are thousands of dollars away and years away

Thursday, January 26, 2012

Peter Schiff Interview CNBC 26 January 2012

Interest rates and consumer prices in the U.S. are lower than they would be if there wasn't uncertainty in Europe, says Peter Schiff, "well, the weakness in the u.s. dollar. and it's creating the illusion of strength. you talked about Italian bond yields. well, as italian bond yields have come down, so too has the dollar as people are selling dollars to buy back that European debt. it's the downward pressure on the dollar that's sending prices higher. not just stock prices, look at oil prices. look at the price of gold surging. that's what's going on. investors are getting poorer" he added

Wednesday, January 25, 2012

Peter Schiff : Zero Percent Interest Rate is killing us

Peter Schiff : it is like we are actually in intensive care and what the FED is doing is simply guaranteeing that the disease that afflicting is going to kill us , the zero percent interest rate prevents the only thing that might cure us , we need higher interest rates we need to allow the economy to restructure and re-balance we need more savings we need lower real estate prices we need to have a solvent financial system we need to balance the books we need less government spending we need to get rid of these trade deficits we need some surpluses we need some production none of this is going to happen with Zero Percent Interest Rate , all we are going to get is more speculation more debt more consumption more air in the bubble which means a lot more air comes out when it bursts ...If you think Europe is going through problems right now you ain't seen nothing , Europe is the warm up America is the main event , we are the real sovereign debt crisis currency crisis

Tuesday, January 24, 2012

Peter Schiff : Americans Jobs have left for China

Peter Schiff : it is impossible for Americans to compete right now because we are in such a competitive disadvantage because of all the government that we have ....what we really need are skills on the job place not worthless degrees says Peter Schiff ...this whole phony american economy will eventually come to an end , sometime this phony economy where we spend borrowed money is going to implode


Peter Schiff On Rand Paul Detention by The TSA

Peter Schiff criticizing the TSA's decision to detain Rand Paul.The TSA should be worried about the security and safety of a US Senator like Rand Paul instead to treating him as terrorist , is Rand Paul going to blow some airplane off , this whole TSA thing is gone way out of control

Saturday, January 21, 2012

Peter Schiff – Buy Gold the Dollar is about to Collapse


Peter Schiff – interviewed by this week in money (14 January 2012 ) about where he sees the US dollar going " the dollar is not strong , it certainly has been less weak than the Euro recently , but both currencies are weak , gold tells you that , the price of gold is up not at a record yet but the trend is clear in the upward direction so I think both the dollar and the Euro are losing value currently the euro is losing it a little bit faster than the dollar , but I think in the long term the problems in the US are actually larger and more severe than the problems in Europe and I think are more dangerous to blow up in the short run so I think that the people are exaggerating the demise of the Euro not focusing on the more imminent demise of the dollar and in the process they are buying some extra time for the dollar because a lot of this European flight money is going into the US treasuries and that's allowing the US government to stimulate the economy more and the stimulus is the problem it is like a toxic drug and the more government stimulus we get the more sicker the real economy becomes "

Friday, January 20, 2012

Peter Schiff interviews Steve Forbes

Peter Schiff interviews Leading economic prognosticator, Steve Forbes , Forbes Magazine Editor-In-Chief and two-time Republican Presidential candidate on the key thing holding back this economy monetary policy Romney's idea of imposing tariffs on the Chinese goods and services . Steve Forbes slams U.S. tax codes as inefficient and overly complicated, and argues for the implementation of a national "flat tax" to replace the current system.

Peter Schiff on how he started Euro Pacific Capital

Peter Schiff : The guy that started eToys lived in my apartment building in downtown Los Angeles. And I started my company, Euro Pacific Capital, about the same time he started his. He made a lot more money than I did, but he didn't make a profit. He never made a profit. But he made a lot of money because he found people to buy into his idea. And at one point, eToys was worth more than Toys "R" Us. I remember when I was trying to get clients, back when I was starting out at Euro Pacific Capital, and I was trying to get people to buy foreign stocks. And I remember one country I was active in was New Zealand, and I remember trying to convince people who owned shares of stocks, like Yahoo, why they should sell their Yahoo and buy a stock in New Zealand. I would point out that Yahoo was worth twice the entire country of New Zealand; every stock they had, all the real estate...- in a Mises institute speech

Wednesday, January 18, 2012

Peter Schiff Interviews Laurence Kotlikoff 01-18-12

Peter Schiff Interviews Boston University professor and Keynesian economist Laurence Kotlikoff on U.S. economy , the U.S. budget deficit and the debate over tax policy. Laurence Kotlikoff is author of the book Jimmy Stewart is Dead: Ending the World's Ongoing Financial Plague with Limited Purpose Banking Excellent Austrian vs. Keynesian economic policy debate

Tuesday, January 17, 2012

Peter Schiff : America In Worse Shape Than Europe

Peter Schiff : the situation is worse in America than what it is in Europe , we are able right now to benifit from the european problems because people are buying dollars because they are afraid of the debt in Europe even though the debt is bigger in here and we are making it even bigger ....

Saturday, January 14, 2012

Peter Schiff on the S&P downgrades

Peter Schiff : yesterday S&P came out and downgraded nine European nations this is only adding anxiety to the problems that are plaguing Europe and the concern about sovereign debt , the results are money pouring into the US Dollar , the Euro hit 16 months low the dollar index traded as high as September 2010 says Peter Schiff who explains that the US is in a worse shape than Europe as there are only two countries in Europe, that have higher debt to GDP ratios than the US and that's Greece and Italy Ireland and Portugal are about the same as the US , even France that was downgraded it was downgraded to the same note as the US ...this without even counting all the unfunded liabilities in the US

Peter Schiff - Alex Jones Show - 13 January 2012

Peter Schiff - Infowars Nightly News for Friday, January 13, 2012 .Peter Schiff, investor and economic advisor to Ron Paul. Schiff gives his forecast for 2012, with an eye on crashing economies and the fresh credit downgrades for nine EU countries, new theaters of war and the impact of Ron Paul's presidential campaign.The problem is government, period. We're brainwashed to believe we even need one. Goverment and big business are a double-headed hydra. they both keep eachother alive. and we cant change the fact that robots are taking human jobs and humans population growth rate is not slowing accept in china. it not hard to realize as long as any nation bases there goverment on a fiat money system' it wont work. there are not enough jobs to go around and never will be unless something major happens to the world. money cant work now hahaha. to many people not enough jobs. it simple to figure

Friday, January 13, 2012

Peter Schiff vs. Bernanke on the Gold Standard

Ben Bernanke briefed the military on why the Federal Reserve is so important and why the Gold Standard won't work , Peter Schiff responded arguing that " we financed the industrial revolution , in the 19th century we converted America from a nation of farms to a nation of factories on a gold standard " "the entrepreneurs were able everything they did on a gold standard " Peter Schiff added "obviously that's a just a bunch of propaganda by the government , government want paper money they do not want to be on a gold standard because they want to be Santa Claus they want to spend money they want to pretend that there is a free lunch they want to give something for nothing they want the power , Gold puts the power to the people fiat money gives the power to the government so that's the reason they oppose it ....."

Thursday, January 12, 2012

We are positioning for a Dollar Crash

"We're positioning for a dollar crash" said Peter Schiff Over the last decade, the dollar's rallies "have all been opportunities to sell," he added - via wall street Journal

Tuesday, January 10, 2012

Peter Schiff debates Ha-Joon Chang at Kilkenomics Kilkenny Ireland

Peter Schiff debates economist Ha-Joon Chang at Kilkenomics Kilkenny Ireland . Peter Schiff sits on a panel with economists, journalists and intellectuals at the Kilkenomics economics festival Ireland.Ha-Joon Chang is talking bollocks. People don't need state protections. People came to America because of STATE SUPPRESSION, not because of the state didn't protect them. What a manipulator of history. People need the state to leave them alone, that's what people need.

The FED helps the Government postpone the tough political decisions

Peter Schiff : "The Federal Reserve is helping the government postpone the tough political decisions,"
"The longer we postpone, the bigger the problems will be."
"We need to go back to the principles of free-market capitalism," - in azcentral

Monday, January 9, 2012

America abandoned the Free Market

Peter Schiff : "The reason our economy got into so much trouble is because we completely abandoned the free market and we followed the government policies of Bush and now we have got the even bigger government policies of Obama,"

"I hope we can fully repudiate big government whether it is Republicans or Democrats that want it and we can embrace Ron Paul and change the Republican Party and bring it back to the party of limited government."

Peter Schiff on What is Operation Twist?

Peter Schiff - " The real problem on Operation Twist is that it is going to put the squeeze on banks which is not going to help the economy grow by any means " says Peter Schiff " the idea behind Operation Twist is that the FED is going to sell 400 billion dollars worth of shorter term that it has in its portfolio and then it will turn on and buy government bonds" Peter Schiff explains

Thursday, January 5, 2012

The Gold Rally is just about to start

Pete Schiff : “I’m probably more optimistic about gold at the beginning of 2012 than I have been in some time,”
“We are seeing all sorts of calls by people who have nothing to do with the investment business about how the gold bubble is ready to burst,” - in Yahoo TechTicker

Tuesday, January 3, 2012

Peter Schiff : Only Ron Paul Can Save America

Peter Schiff : "I hope it is Ron Paul who wins Iowa and not just Iowa but obviously New Hampshire, the nomination and the presidency,"

"The reason our economy got into so much trouble is because we completely abandoned the free market and we followed the government policies of Bush and now we have got the even bigger government policies of Obama," Peter Schiff explained. "I hope we can fully repudiate big government whether it is Republicans or Democrats that want it and we can embrace Ron Paul and change the Republican Party and bring it back to the party of limited government."

Monday, January 2, 2012

Peter Schiff : there is no safe haven in Currencies

Peter Schiff : ...it's not necessarily default. it's the fact the governments are going to pay but it's how they're going to pay. they're going to pay it by printing money. i think the u.s. is a bigger disaster than Europe, but all the central banks, the U.S., the ECB, the bank of Japan, bank of China, everybody is printing too much money. everybody has rates too low, and the world is looking for an alternative to currencies, not just the dollar or the euro, but the world -- people are going back to real money and not enough people have made that switch. most people are still clinging to the idea that there's a safe haven somewhere in currency. there is no safe haven in currencies. if you want to protect your wealth, if you want to store purchasing power, you can't do it in a currency. you need to own gold and most people are still clueless about that. and a lot of central banks still need to buy gold. if you look at gold as a percentage of reserves, it's near record low. ,  central banks have a lot of gold to buy - in CNBC

Sunday, January 1, 2012

Peter Schiff - Buy Gold - Best 2012 Investment

CNBC 30 Dec 2011- Peter Schiff : "we've been buying -- personally i have been buying particularly in the mining stocks which i think have a lot of value. i was very bullish on gold for 2011. this time 2010. and for most of the year we had a very strong market. i didn't anticipate the extent of the decline towards the end of the year, although that makes me even more bullish for the prospects for gold for 2012. i think the fundamentals have never been better for gold and i think prices are going a lot higher."
Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as "Doctor Doom" because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing market a bubble. Peter has written a book called "Crash Proof" and a follow-on called "The Little Book of Bull Moves in Bear Markets". He is the President of EuroPacific Capital, which is a brokerage specializing in finding dividend-yielding, value-based foreign stocks.

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