The Wisdom of Peter Schiff
Submitted by Gold Stock Prophet Blog
With the last video I posted on this site, I recommended a weekly webcast called the Financial Sense News Hour. One of the advantages of listening to this program is that one can become exposed to the ideas of many different guest speakers.
Peter Schiff is a regular contributor to this internet radio show, and is where I first came across his ideologies. Peter Schiff is a stock broker, money manager, author, and, in my opinion, an expert in his field.
About 1 year ago, I read Schiff’s book, Crash Proof. In it, he explains his outlook on the US economy, the housing market, the US dollar, and gold. Looking back now at this book, I am amazed at the clarity of wisdom, and the accuracy of his predictions. Most interesting of all, so far only half of his predications have come to pass, with the other half still in the pipeline, in my view.
Here is a video of Peter Schiff shot in November 2006:
September 19th, 2008 at 8:29 pm
The ‘Wisdom’ of Peter Schiff is not a coupling that Schiff’s ravaged clients would make .. rather the opposite I’m afraid .. the Crash is here and Schiff’s overseas investment portfolios have crashed 30 - 50% .. Schiff shown under the umbrella in Crash Proof obviously leaves no room for his unfortunate investors .. you’d never guess by the current appearances of this media whore that he was anything but big time wrong .. not a suggestion or hint of shame or regret for his incredible ineptness and capital destruction this charlatan has wrought.