Peter Schiff

Why Stimulus is Bad, Another Peter Schiff Video

06/12/2009 by Research Reloaded

Apologies for posting another Peter Schiff video. Perhaps I am behind the curve, but he has a superb ability to concisely hit the nail on the head when it comes to the US economy. In this video he explains in simple terms why spending more isn't the solution to a US spending binge... he also apparently gets cut off at the end.

Peter Schiff Was Right Video

06/11/2009 by Research Reloaded

Hat tip to Joe for the idea at the Business Insider. I found a great "Peter Schiff Was Right" video on Youtube. So many great examples of Wall-Street-style shallow bullishness vs. real research. Peter Schiff's firm is Euro Pacific Capital, that interestingly has the motto, ""Because there's a bull market somewhere". The best quote from him is "You think they're at low PE's, they have no earnings, their earnings are going to disappear" Other analysts reply "their [current] earnings are huge"... 

The other great quote from Mr. Schiff is "It might be a Big Year, [but] just big losses.." 

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