Commentaries

/Commentaries

Currencies Depend on Faith, Gold Doesn’t

By: Peter Schiff, President and CEO Euro Pacific Capital In his July 17th Blog, Let's Get Real About Gold, author and Wall Street Journal columnist Jason Zweig likened investor interest in gold with the "Pet Rock" craze of the 1970's, when consumers became convinced that a rock in a box would provide continuous companionship, elevate [...]

By | July 22nd, 2015|Commentaries|0 Comments

How Socialism Destroyed Puerto Rico, and How Capitalism Can Save It

By: Peter Schiff, President and CEO Euro Pacific Capital While Greece is now dominating the debt default stage, the real tragedy is playing out much closer to home, with the downward spiral of Puerto Rico. As in Greece, the Puerto Rican economy has been destroyed by its participation in an unrealistic monetary system that it [...]

By | July 15th, 2015|Commentaries|0 Comments

The Big Picture

By: Peter Schiff, President and CEO Euro Pacific Capital This is a shortened version of the latest Euro Pacific Capital's Global Investor Newsletter. The past four years or so have been extremely frustrating for investors like me who have structured their portfolios around the belief that the current experiments in central bank stimulus, the anti-business [...]

By | July 6th, 2015|Commentaries|0 Comments

The Student Loan Bubble: Gambling with America’s Future

By Addison Quale, Precious Metals Specialist at SchiffGold The federal government can’t seem to help itself. After overseeing the inflating and bursting of the dot-com bubble in the 1990s and the subprime mortgage bubble in the 2000s, the United States government is at it again – this time in the area of student loans. Student [...]

By | July 2nd, 2015|Commentaries|0 Comments

The Punch Bowl Stays

It is well known that I don't think much of the ability of government officials to correctly forecast much of anything. Alan Greenspan and Ben Bernanke have made famously clueless predictions with respect to stock and housing bubbles, and rank and file Fed economists have consistently overestimated the strength of the economy ever since their [...]

By | June 9th, 2015|Commentaries|0 Comments

The Fed Considers a More Seasoned Approach

Just as the steady torrent of awful economic data, which began in the First Quarter and continued well into April and May, had forced many market analysts to grudgingly concede that 2015 would not see the robust economic growth that most had expected, the statisticians arrived on the scene like a cavalry charge and routed [...]

By | May 26th, 2015|Commentaries|0 Comments

Imitation Is the Sincerest Form of Flattery

By Peter Schiff To hear BitGold founders Joshua Crumb or Roy Sebag talk about their new company, one would think they came up with the idea of individuals transacting in gold or using a debit card to access their gold holdings on their own. While I agree it’s a good idea, it’s certainly not original. [...]

By | May 22nd, 2015|Commentaries|0 Comments

The Embarrassment of Transparency

Below please find the latest commentary from Peter Schiff, CEO of Euro Pacific Capital. Please feel free to excerpt or repost with proper attribution and all links included. Click here to signup for both of Peter Schiff's Free Newsletters. By: Peter Schiff, President and CEO Euro Pacific Capital Over the past decade or so, "transparency" [...]

By | May 6th, 2015|Commentaries|0 Comments

China Finally Stops Fighting the Stock Market

By: Peter Schiff, President and CEO Euro Pacific Capital & Russell Hoss, Portfolio Advisor at New Sheridan Advisors Although China's economy has been leading the world in annualized growth since the days that mobile phones had retractable antennas, there have always been some aspects of the country's commercial and financial system that loudly broadcast the [...]

By | April 15th, 2015|Commentaries|0 Comments

Give’Em the Old Razzle Dazzle

Janet Yellen channels Billy Flynn? Last week the Fed Chairwoman treated us to a master class of rhetorical misdirection which produced some memorable examples of doublespeak, including the soon to be classic "Just because we removed the word 'patient' does not mean we're going to be 'impatient."' But perhaps more surprising than her new heights [...]

By | March 25th, 2015|Commentaries|0 Comments