Oct 31, 2013

We Need To Glorify Profits

We need to glorify profits. Profit is the most important thing in the free market economy. We need profits. The more the better. Profits mean you are doing something right. Profits mean you are satisfying  the desires, the needs of your customers.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Alan Greenspan: U.S. Housing Bubble & The Berlin Wall


Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 30, 2013

U.S. Economy: We Don`t Really Know How To Survive Right Now

Hyperinflation is going to be worse than default and restructuring, a legitimate deflationary collapse. The problem for the United States is that if we destroy the dollar`s value, and it is no longer the reserve currency, americans all of a sudden are in this shock therapy where we have to live within our means, we can only consume to the extend that we produce. Our productive capacity has been so diminished over the years, we don`t really know how to survive right now. We don`t have the factories, they are gone. we don`t have the skilled and trained workforce.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 29, 2013

An Economy That Lives By QE, Dies by QE

The Federal Reserve is saying that is only going to take away the punch bowl if the party keeps going. But the party is going to stop if it takes away the punch bowl. That is the predicament that is in. An economy that lives by QE, dies by QE.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

Oct 28, 2013

The Federal Reserve Can` t Remove The QE

It can`t remove the QE without removing the recovery and putting the economy back into a worse recession than before the Fed begun this experiment.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

The Federal Reserve Will Up The Dosage

The Federal Reserve is going to do the opposite of tapering. They are going to up the dosage.

Peter Schiff is an American businessman, investment broker and financial commentator. Schiff is the CEO and chief global strategist of Euro Pacific Capital Inc.

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