Jump to content

Peter Schiff: Difference between revisions

From The Austrian Economics Wiki, the global repository of classical-liberal thought
← Older editNewer edit →
No edit summary
Fixed quoting from Wikipedia.
Line 1: Line 1:
'''Peter David Schiff''' born March 23, 1963) is an American businessman, Austrian economist, radio host, author, financial commentator, and a former 2010 Republican primary candidate for the United States Senate.[11]
'''Peter David Schiff''' (born March 23, 1963) is an American businessman, [[author]], financial [[Pundit (expert)|commentator]], and a former 2010 Republican primary candidate for the [[United States Senate]].<ref name=announce>{{Cite news| last = Eddlem  | first = Thomas R. | title = Peter Schiff Announces Conn. Senate Candidacy  | newspaper = [[The New American]]  | date = September 17, 2009
  | url = http://www.thenewamerican.com/index.php/usnews/politics/1908-peter-schiff-announces-conn-senate-candidacy  | archiveurl =  | archivedate =  | accessdate = 2010-04-10  | postscript = <!--None-->}}
</ref>


Schiff is president and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.[12] Schiff frequently appears as a guest on CNBC, Fox News, and Bloomberg Television and is often quoted in major financial publications[13] and is a frequent guest on internet radio[14][15][16] as well as the former host of the podcast Wall Street Unspun[17] and the current host of the radio show The Peter Schiff Show.
Schiff is president and chief global strategist of Euro Pacific Capital Inc., a [[broker-dealer]] based in Westport, Connecticut.<ref name=official>[http://www.europac.net/members/peter_schiff Peter Schiff], [http://www.europac.net/ Euro Pacific Capital Inc.] . Retrieved 2010-11-03.</ref> Schiff frequently appears as a guest on CNBC, Fox News, and Bloomberg Television and is often quoted in major financial publications<ref>
{{Cite web
|url=http://www.europac.net/members/peter_schiff
|title=Peter Schiff | Euro Pacific Capital
|publisher=www.europac.net
|accessdate=2010-11-17
|last=
|first=
}}
</ref><ref>
{{Cite web
|url=http://www.financialsense.com/Experts/2007/Schiff.html
|title=Financial Sense Newshour's Ask The Expert: Peter D. Schiff  03.10.2007
|publisher=www.financialsense.com
|accessdate=2009-03-04
|last=
|first=
}}
</ref><ref>
{{Cite web
|url=http://www.financialsense.com/fsu/editorials/schiff/archive.html
|title=Peter Schiff - FSU Editorial Archives
|publisher=www.financialsense.com
|accessdate=2009-03-04
|last=
|first=
}}
</ref> as well as the former host of the [[podcast]] ''Wall Street Unspun''<ref>[http://www.podfeed.net/podcast/Wall+Street+Unspun+with+Peter+Schiff/15592 Podfeed.net: Wall Street Unspun with Peter Schiff]</ref> and the current host of the radio show ''The Peter Schiff Show''.


[[Media]]
He is known for his bearish views on the dollar and dollar denominated assets, while bullish on investment in tangible assets, as well as foreign stocks and currencies.


Schiff's notoriety for financial predictions increased when a You Tube video entitled "Peter Schiff was right" became popular in late 2008 and 2009.[45][46] The video consists of a compilation of clips of his many appearances on various financial news programs from networks including CNBC, Fox News, MSNBC and Bloomberg, most of which took place from 2005 to 2007. In the segments Schiff explains specifically the fundamental problems he saw with the United States economy at that time. Schiff's warnings of a coming economic collapse earned him the moniker "Dr. Doom."[18][47]
==Predictions==
Schiff's notoriety for financial predictions increased when a [[You Tube]] video entitled "Peter Schiff was right" became popular in late 2008 and 2009.<ref name=yahoopredict>{{Cite news| last = Task  | first = Aaron  | title = 'Crisis Only Just Beginning': Right About the Crash, Peter Schiff Sees More Pain Ahead  | newspaper = [[Yahoo! Finance]]  | date = November 24, 2008  | url = http://finance.yahoo.com/tech-ticker/article/134633/%27Crisis-Only-Just-Beginning%27-Right-About-the-Crash-Peter-Schiff-Sees-More-Pain-Ahead?tickers=^dji,^gspc,^ixic,SPY,DIA,QQQQ,GLD  | archiveurl = http://www.webcitation.org/5oz7OHfZ0  | archivedate = 2010-04-14  | accessdate = 2010-04-14  | postscript = <!--None-->}}</ref><ref name=newyorkmag>{{Cite news| last = Pressler  | first = Jessica  | title = Financial Pundit Peter Schiff Launches Senate Run  | newspaper = [[New York Magazine]]  | date = September 17, 2009  | url = http://nymag.com/daily/intel/2009/09/doomsdaying_economist_peter_sc.html  | archiveurl =  | archivedate =  | accessdate = 2010-04-16  | postscript = <!--None-->}}</ref>  The video consists of a compilation of clips of his many appearances on various financial news programs from networks including [[CNBC]], [[Fox News]], [[MSNBC]] and [[Bloomberg Television|Bloomberg]], most of which took place from 2005 to 2007. In the segments Schiff explains specifically the fundamental problems he saw with the United States economy at that time. Schiff's warnings of a coming [[economic collapse]] earned him the moniker "Dr. Doom."<ref name=okeefecnn>{{Cite news| last = O'Keefe  | first = Brian  | title = Peter Schiff: Oh, he saw it coming  | newspaper = [[Fortune (magazine)|Fortune]] | date = January 23, 2009  | url = http://money.cnn.com/2009/01/20/magazines/fortune/okeefe_schiff.fortune/index.htm  | archiveurl = http://www.webcitation.org/5oz96pIPX  | archivedate = 2010-04-14  | accessdate = 2010-04-14  | postscript = <!--None-->}}</ref><ref name=schiffwasright2/>


In late 2006, Schiff predicted the housing bubble and resulting subprime mortgage crisis,[48] and in late 2008, he predicted the automotive industry crisis and the crisis in the banking and financial markets.[47][49][50] He also predicted the dot-com bubble of the late 1990s. Schiff does weekly video blogs on youtube which are closely followed by over 30,000 subscribers. His videos can usually receive 45,000 views within a week's time. In addition, he does a daily radio show Monday - Friday that is also streamed on the web.
In late 2006, Schiff predicted the [[United States housing bubble|housing bubble]] and resulting [[subprime mortgage crisis]],<ref name=mortgagespeech>{{cite video |people    = Peter Schiff |date      = November 13, 2006 |title      = Peter Schiff Mortgage Bankers Speech |url        = http://www.youtube.com/watch?v=6G3Qefbt0n4&feature=PlayList&p=A85717715D812690&playnext_from=PL&index=0 |format    = Flash |medium    = Recorded live lecture
|publisher  = Western Regional Mortgage Bankers Association |location  = [[Las Vegas metropolitan area|Las Vegas]] |accessdate = 2010-04-14}}</ref> and in late 2008, he predicted the [[Automotive industry crisis of 2008–2010|automotive industry crisis]] and the crisis in the banking and financial markets.<ref name=schiffwasright2>{{cite video
|people    = Peter Schiff |date      = February 20, 2009 |title      = Peter Schiff was right 2006-2007 - CNBC edition |url        = http://www.youtube.com/watch?v=Z0YTY5TWtmU |format    = Flash |medium    = Television production (clip compilation) |accessdate = 2010-04-14}}</ref><ref name=schiffwasright1>{{cite video |people    = Peter Schiff |date      = November 2, 2008
|title      = Peter Schiff Was Right 2006 - 2007 (2nd Edition)  |url        = http://www.youtube.com/watch?v=2I0QN-FYkpw |format    = Flash |medium    = Television production (clip compilation) |accessdate = 2010-04-14}}</ref><ref name=predictbio>{{Cite news| last = Folkenflik  | first = David  | title = The Man Who Predicted The Economic Meltdown  | publisher = [[National Public Radio]] | date = December 4, 2008  | url = http://www.npr.org/templates/story/story.php?storyId=97801606  | accessdate = 2010-04-14}}</ref>
Schiff does weekly video blogs on youtube which are closely followed by over 30,000 subscribers. His videos can usually receive 45,000 views within a week's time. In addition, he does a weekly radio show that is streamed on the web. Due to his extreme popularity and fans calling for more airtime in late 2010 early 2011 Schiff will begin doing a daily radio program in Connecticut for 2–3 hours with plans to syndicate it nationwide.


==Books==
Peter Schiff is the author of four books published by John Wiley and Sons.  His book, ''Crash Proof 2.0'', appeared on both the ''New York Times'' and ''Wall Street Journals'' bestseller lists.


[[Publications]]
* ''Crash Proof: How to Profit from the Coming Economic Collapse'', February 2007, ISBN 978-0-470-04360-8  [http://www.peterschiffonline.com/books 1]
 
* ''The Little Book of Bull Moves in Bear Markets: How to Keep your Portfolio Up When the Market is Down'', 2008, ISBN 978-0-470-38378-0 [http://www.peterschiffonline.com/books 2]
Peter Schiff is the author of four books published by John Wiley and Sons. His book, Crash Proof 2.0, appeared on both the New York Times and Wall Street Journals bestseller lists.
* ''Crash Proof 2.0: How to Profit From the Economic Collapse, 2nd Edition'', September 2009, ISBN 978-0-470-47453-2 [http://www.peterschiffonline.com/books 3]
 
* ''How an Economy Grows and Why It Crashes'', 2010, ISBN 978-0-470-52670-5 [http://www.wiley.com/WileyCDA/WileyTitle/productCd-047052670X,descCd-authorInfo.html 4]
Crash Proof: How to Profit from the Coming Economic Collapse, February 2007,
The Little Book of Bull Moves in Bear Markets: How to Keep your Portfolio Up When the Market is Down,2008  
Crash Proof 2.0: How to Profit From the Economic Collapse, 2nd Edition, September 2009,  
How an Economy Grows and Why It Crashes, 2010
 


==References==
{{Reflist}}


{{Wikipedia text}}
{{Wikipedia text}}

Revision as of 23:36, 16 November 2010

Peter David Schiff (born March 23, 1963) is an American businessman, author, financial commentator, and a former 2010 Republican primary candidate for the United States Senate.[1]

Schiff is president and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut.[2] Schiff frequently appears as a guest on CNBC, Fox News, and Bloomberg Television and is often quoted in major financial publications[3][4][5] as well as the former host of the podcast Wall Street Unspun[6] and the current host of the radio show The Peter Schiff Show.

He is known for his bearish views on the dollar and dollar denominated assets, while bullish on investment in tangible assets, as well as foreign stocks and currencies.

Predictions

Schiff's notoriety for financial predictions increased when a You Tube video entitled "Peter Schiff was right" became popular in late 2008 and 2009.[7][8] The video consists of a compilation of clips of his many appearances on various financial news programs from networks including CNBC, Fox News, MSNBC and Bloomberg, most of which took place from 2005 to 2007. In the segments Schiff explains specifically the fundamental problems he saw with the United States economy at that time. Schiff's warnings of a coming economic collapse earned him the moniker "Dr. Doom."[9][10]

In late 2006, Schiff predicted the housing bubble and resulting subprime mortgage crisis,[11] and in late 2008, he predicted the automotive industry crisis and the crisis in the banking and financial markets.[10][12][13] Schiff does weekly video blogs on youtube which are closely followed by over 30,000 subscribers. His videos can usually receive 45,000 views within a week's time. In addition, he does a weekly radio show that is streamed on the web. Due to his extreme popularity and fans calling for more airtime in late 2010 early 2011 Schiff will begin doing a daily radio program in Connecticut for 2–3 hours with plans to syndicate it nationwide.

Books

Peter Schiff is the author of four books published by John Wiley and Sons. His book, Crash Proof 2.0, appeared on both the New York Times and Wall Street Journals bestseller lists.

  • Crash Proof: How to Profit from the Coming Economic Collapse, February 2007, ISBN 978-0-470-04360-8 1
  • The Little Book of Bull Moves in Bear Markets: How to Keep your Portfolio Up When the Market is Down, 2008, ISBN 978-0-470-38378-0 2
  • Crash Proof 2.0: How to Profit From the Economic Collapse, 2nd Edition, September 2009, ISBN 978-0-470-47453-2 3
  • How an Economy Grows and Why It Crashes, 2010, ISBN 978-0-470-52670-5 4

References

  1. ↑ Eddlem, Thomas R. (September 17, 2009). "Peter Schiff Announces Conn. Senate Candidacy". The New American. Retrieved 2010-04-10 
  2. ↑ Peter Schiff, Euro Pacific Capital Inc. . Retrieved 2010-11-03.
  3. ↑ "Peter Schiff". www.europac.net. http://www.europac.net/members/peter_schiff. Retrieved 2010-11-17. 
  4. ↑ "Financial Sense Newshour's Ask The Expert: Peter D. Schiff 03.10.2007". www.financialsense.com. http://www.financialsense.com/Experts/2007/Schiff.html. Retrieved 2009-03-04. 
  5. ↑ "Peter Schiff - FSU Editorial Archives". www.financialsense.com. http://www.financialsense.com/fsu/editorials/schiff/archive.html. Retrieved 2009-03-04. 
  6. ↑ Podfeed.net: Wall Street Unspun with Peter Schiff
  7. ↑ Task, Aaron (November 24, 2008). "'Crisis Only Just Beginning': Right About the Crash, Peter Schiff Sees More Pain Ahead". Yahoo! Finance. Archived from the original on 2010-04-14. Retrieved 2010-04-14 
  8. ↑ Pressler, Jessica (September 17, 2009). "Financial Pundit Peter Schiff Launches Senate Run". New York Magazine. Retrieved 2010-04-16 
  9. ↑ O'Keefe, Brian (January 23, 2009). "Peter Schiff: Oh, he saw it coming". Fortune. Archived from the original on 2010-04-14. Retrieved 2010-04-14 
  10. ↑ 10.0 10.1 Peter Schiff. (February 20, 2009) (Flash). Peter Schiff was right 2006-2007 - CNBC edition. [Television production (clip compilation)]. http://www.youtube.com/watch?v=Z0YTY5TWtmU. Retrieved 2010-04-14. 
  11. ↑ Peter Schiff. (November 13, 2006) (Flash). Peter Schiff Mortgage Bankers Speech. [Recorded live lecture]. Las Vegas: Western Regional Mortgage Bankers Association. http://www.youtube.com/watch?v=6G3Qefbt0n4&feature=PlayList&p=A85717715D812690&playnext_from=PL&index=0. Retrieved 2010-04-14. 
  12. ↑ Peter Schiff. (November 2, 2008) (Flash). Peter Schiff Was Right 2006 - 2007 (2nd Edition). [Television production (clip compilation)]. http://www.youtube.com/watch?v=2I0QN-FYkpw. Retrieved 2010-04-14. 
  13. ↑ Folkenflik, David (December 4, 2008). "The Man Who Predicted The Economic Meltdown". National Public Radio. Retrieved 2010-04-14. 
This article uses content from the Wikipedia article on Peter Schiff under the terms of the CC-by-SA 3.0 license.
Retrieved from "https://wiki.freecapitalists.org/index.php?title=Peter_Schiff&oldid=9138"