GoldSwitzerland has posted a new item, “There will be a Lot of Pain“ – an interview conducted by Lars Schall with Peter Schiff, the President & Chief Global Strategist of Euro Pacific Capital.
By Lars Schall
In an exclusive interview for Matterhorn Asset Management, the US-American investment broker, author and financial commentator Peter Schiff discusses the failed policies of the U.S. Federal Reserve; the unsustainable American consumer economy; his expectations for the gold price; and what he would do if he was heading the Deutsche Bundesbank.
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Peter Schiff, born 1963, is the President & Chief Global Strategist of Euro Pacific Capital and CEO of Euro Pacific Precious Metals, LLC. He began his investment career as a financial consultant with Shearson Lehman Brothers, after having earned a degree in finance and accounting from U.C. Berkeley in 1987. He joined Euro Pacific in 1996 and has served as its President since January 2000.
He is a highly recommended broker by many leading financial newsletters and investment advisory services as well as many major media outlets such as The Wall Street Journal, Barron’s, Forbes, The Financial Times, The New York Times, The Washington Post, etc. and appears regularly on CNBC, CNN, Fox News, FBN and Bloomberg.
He is the author of five books. His best-selling book, “Crash Proof: How to Profit from the Coming Economic Collapse” was published in February of 2007. In that book he wrote that the economic policies of the United States were fundamentally unsound, that the U.S. dollar would lose much of its value, and that the market would crash. Peter Schiff used for his predictions his understanding of the Austrian School, a heterodox school of economic thought. (1) His latest book, “The Real Crash: America’s Coming Bankruptcy” is due out in May.
Mr. Schiff is known for his bullish views on investment in tangible assets as well as foreign stocks and currencies. He is one of the few non-biased investment advisors (not committed solely to the short side of the market) to have correctly called the current bear market before it began and to have positioned his clients accordingly. You can find Mr. Schiff’s regular comments in relation to gold under: http://goldscams.com/.