Friday, May 31, 2013

Tuesday, May 21, 2013

Shake Out the Weak Hands

‘‘That’s what happens in a bull market,’’ Schiff says. ‘‘The sell-offs shake out the Johnny-come-latelies. It’s healthy. Now we can have a real rally.’’

- Peter Schiff during a Boston Globe interview:

Sunday, May 19, 2013

Why Would You Leave Money in the Bank?

“Why would you leave any extra money in a bank to get zero percent interest. . . . I think pull your money out, put it into some kind of investment. . . . anything other than a piece of paper that’s going to lose value.”

- Source, USA Watchdog:

Friday, May 17, 2013

Which One Is Worse For You? Going to College or Smoking Cigarettes

Peter Schiff breaks down why going to college in today's age is a bad idea. Is going to college or smoking cigarettes worse for you?

- Source, Schiff Radio:

Saturday, May 11, 2013

Sound Money & Higher Interest Rates

Peter Schiff appears on Russia Today and states the sound money and higher interest rates are going to be the only cure for this ailing economy. The short term will hurt, but it is need for a long term recovery.

- Source, RT:

Thursday, May 9, 2013

We're Living In A Bubble

Peter Schiff appears on CNBC where he explains why the stock market keeps rising. He states that the FED will continue to print money and crash the dollar.

- Source, CNBC:

Sunday, May 5, 2013

The Soft Money Honey Against The Golden Boy

Perfectly summarizing the cognitive dissonance of the mainstream media (and their drone-like viewers), this duel of the Soft-Money-Honey Maria B and Hard-Money Golden Boy Peter Schiff was a tragic farce. Maria comes out swinging, "whether this is a manufactured market or not, you've got no alternative but stocks - where's my yield?" Schiff counters, "there are alternatives" - summarily scoffed at (a-la his housing appearances in 2006/7) by Maria - "we have a completely phoney economy driven 100% by cheap money; the minute you take it away, the whole thing implodes." And while the 'fight' moves on, we are left thinking they are in two different rings since whatever point is made by Schiff is summarily ignored for the status quo. "QE will be here until we have a USD crisis and the Fed can't get away with it anymore," Schiff reminds, adding, "There is no exit strategy... the Fed is bluffing; exit is impossible." The glancing blows continue deep into the late rounds. "The reality is we are living in a bubble; and all bubbles burst," (reminding us of Sam Zells' comments to the very same CNBC anchor a few weeks back), "it's unfortunate we didn't learn that lesson in 2008 but we're about to learn a much bigger lesson." Disingenuous laughter follows at Schiff's suggestion at holding Gold with Maria's anchoring bias loud-and-proud - "I'm looking for alternatives to stocks, and I can't find any."

- Excerpt from a recent Zero Hedge article, read the full post here:

Friday, May 3, 2013

We're Headed To A Currency Crisis One Way Or Another

"CEO of Euro Pacific Capital Peter Schiff's latest gold call. As gold posts its first back-to-back quarterly losses since 2001, is the metal ready for a comeback? With CNBC's Jackie DeAngelis and the Futures Now Traders, Rich Ilczyszyn at the CME and Anthony Grisanti at the Nymex."

- Source, CNBC: