Peter Schiff
Latest Peter Schiff News
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Gold May Pass $2,000, But Consumers Warned Against Scams700 an ounce in futures trading, down from previous highs of $1,900, not adjusted for inflation. Peter Schiff , CEO of Euro Pacific Precious Metals in New York, said gold could rise even further. "I think the price of gold is going
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Gold, Silver Surge to New Record Highsmoney in the bank just so they can write checks, there's no financial benefit to doing it," says Peter Schiff , president of Euro Pacific Precious Metals. Gold Versus Silver: The Ratio Can the gains in precious metals continue? "I think
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Silver Investors Get a Gold Star
money in the bank just so they can write checks, there's no financial benefit to doing it," says Peter Schiff , president of Euro Pacific Precious Metals. Gold Versus Silver: The Ratio Can the gains in precious metals continue? "I think
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Pessimism Porn? Economic Forecasts Get Lurid
reality." Another leading purveyor of "pessimism porn" is Peter Schiff -- star of a viral video on YouTube called " Peter Schiff Was Right," which shows the Euro Pacific Capital president being laughed at on cable shows in 2006 when
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New Home Sales Slump
very cheap because you're gonna have a glut of it for sale with very few qualified buyers," said Peter Schiff , president of Euro Pacific Capital and author of "Crash Proof: How to Profit From the Coming Economic Collapse." "In order
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Nervous investing experts wait out cheap bank stocks
than they can handle. "It's like force-feeding Twinkies to somebody who is on a diet," says Peter Schiff , president of Euro Pacific Capital. Meanwhile, Hester Capital's Boyce says that he will wait. "There's no doubt that banks
News
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Bank of America getting extra $20B in bailout funds
because to let them fail now means the first round of cash would be flushed down the toilet," says Peter Schiff , president of Euro Pacific Capital. BofA is responsible for the first $10 billion in losses; the government will bear 90% of
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Bank stocks drop on worries over asset values, cash needs
because to let them fail now means the first round of cash would be flushed down the toilet," says Peter Schiff , president of Euro Pacific Capital. Investors also are anxious about what they'll hear Friday when Citi discloses its fourth-quarter
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Expert predictions: Stock market could be good in 2009
our economy is broken, and there is nothing the government can do to fix it," argues longtime bear Peter Schiff , president of Euro Pacific Capital. Sparking the economic free fall will be another leg down for the already depressed housing
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Why home values may take decades to recover
We will never see these prices again in our lifetime, when you adjust for inflation," says Peter Schiff , president of investment firm Euro Pacific Capital of Darien, Conn. "These were lifetime peaks." The boom in home prices — fueled by
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Wall Street's stock has dropped in world's eyes
era of more independent thinking and speed the rise of new financial capitals around the globe, says Peter Schiff , president of Euro Pacific Capital. "Wall Street risks losing its prominence to foreigners just like the auto and textile industries
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Bank of America buys out Merrill in bold move
raises concerns because it is now "one of the few indispensable titans of the world," says Peter Schiff , president of brokerage firm Euro Pacific Capital and author of Crash Proof: How to Profit from the Coming Economic Collapse. By buying
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Mortgage rates drop; investors applaud Freddie, Fannie rescue
opposed to the move but needed to know a lot more detail and plans to hold a hearing later this week. Peter Schiff , president of Euro Pacific Capital, argued that the government's intervention will actually prolong the housing downturn. The
