Wednesday, February 27, 2013

People Who Own Treasuries are Going to Lose a Lot of Money

"Schiff thinks the real reason why the federal government is suing the S&P rating agency is because it downgraded U.S. Treasuries last year. Schiff says, "The reason why they're being sued is not only because of what they did but to send a message to the other ratings agencies that you better not downgrade U.S. Treasuries." Schiff predicts, "People who own Treasuries are going to lose a lot of money." Join Greg Hunter as he goes One-on-One with Peter Schiff of Euro Pacific Precious Metals."

- Source, USA Watch Dog:

Friday, February 22, 2013

It's Going To Hit The Fan During Obama's Second Term

"Euro Pacific Capital's Peter Schiff on the stagnation in the precious metals market and central bank inflation policy on Fox Business Varney & Co."

- Source, Fox Business News:

Monday, February 18, 2013

Abolish Minimum Wage

"What we really should do is completely abolish the minimum wage, that would make a lot of sense."

"We didn't have a minimum wage for most of American history. It's something that started in the 20th Century. It was a bad idea and we ought to admit that it was a bad idea and get rid of it completely."

- Peter Schiff via a recent Yahoo Finance interview, read the full interview here:

Thursday, February 14, 2013

Peter Schiff on Obama's "Incompetent" Treasury Secretary

"President Obama's nominee for Secretary of Treasury Jack Lew faced a Senate Finance Committee where he was scrutinized to see if he was fit to succeed Timothy Geithner. During the session, Lew faced tough questions from Republicans regarding his time at Citibank during the financial crisis where he received a $1 million bonus. Peter Schiff, president of Euro Pacific Capital, joins RT's Liz Wahl to discuss."

- Source, Russia Today:

Saturday, February 9, 2013

Rethinking Retirement

"Former Treasury Department Senior Advisor Susan Ochs, Steel Vine Investments CIO Spencer Patton and Euro Pacific Capital CEO Peter Schiff discuss the dismal outlook of retiring in the future.

- Source, Fox Business:

Tuesday, February 5, 2013

The FED Will Print Money Until We're Greece

Peter Schiff appears on Fox Business. He talks about how the world is addicted to cheap money and a massive hang over is coming. Peter believes the FED will never stop printing money until they turn the country into Greece. The currency wars continue.

- Source, Fox Business:

Sunday, February 3, 2013

Obama Recession Will be Worse than the Obama Recovery

"During the 2012 Presidential election, President Obama boasted about the third quarter growth of the America's GDP, but the fourth quarter is a completely different story. The country experienced a decline in GDP in the last quarter for the first time since 2009 and many critics believe that somehow the Obama administration manipulated the data to come out victorious in the November election. Peter Schiff, president of Euro Pacific Capital, gives us his take on how the government could have played with numbers."

- Source, RT News: