Peter Schiff
Peter Schiff
Peter David Schiffis an American stockbroker, author, and one-time Senate candidate. He has appeared as a guest on numerous financial television shows and has been quoted in major print publications as a financial analyst. He is host of The Peter Schiff Show, an audio show broadcast on terrestrial and Internet radio, and he was formerly host of an Internet podcast called Wall Street Unspun, now archived as podcasts...
NationalityAmerican
ProfessionBusinessman
Date of Birth23 March 1963
CountryUnited States of America
Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.
The real bubble in China is in US Treasuries, in US dollars
The real story of Detroit [...] can be summed up in seven words. Private enterprise built it, government destroyed it.
The United States is like the Titanic, and I'm here with the lifeboat trying to get people to leave the ship... I see a real financial crisis coming for the United States.
What America has succeeded in creating is not an economy impervious to shocks, but merely one which enables their consequences to be postponed to a later date.
There is nothing the Fed can do to combat inflation unless they hike rates aggressively.
I would be upset if I bought a company (stock) on the belief that it was a play on the price of copper.
My goal was how can we step back and not focus in on an individual, a school, a league or a district. It really was how can we work together collaboratively to learn from the mistakes.
Some of the smaller stocks have been moving, but the big stocks are going to take real money to move.
For the typical investor, brokerage firms are slow to react, slow to change and offer the access to these foreign markets.
We think all the issues brought up on the federal side has already come up in the state side.
What will most likely occur is a long overdue loss of confidence in financial assets in general, particularly those denominated in U.S. dollars.
Gold is not overvalued at $500, and gold will not be overvalued at $1,500 or $2,000. The real money is buying gold and putting it away.
He's a very dangerous man with some very dangerous ideas.