Peter Schiff has become a popular investment talking head, podcast host, and TV personality. He is the author of several books, chairman of precious metals dealer SchiffGold, and CEO of Euro Pacific Capital.
He predicts that the US is at an economic tipping point and is preparing for a crash and hyperinflation. He is a proponent of an Austrian economic approach.
Crash Proof
Contrarian investor Peter Schiff is no stranger to skepticism, but in this sky-is-falling book cowritten with John Downes he makes a solid case that clueless consumers, opportunistic Wall Streeters and pandering politicians are taking us to hell in a handbasket. Though his screeching tone becomes grating at times, many of Schiff’s forecasts have proven accurate. He also errs when railing against the service economy, failing to realize that in exchange for manufacturing jobs you get consumer demand and a society without speculative bubbles that devalue our currency (see this YouTube fan video).
This updated edition of Crash Proof picks up where the first book – which clearly foresaw the bursting real estate and credit bubbles and the insolvency of Fannie Mae and Freddie Mac – left off. Filled with insightful analysis and practical advice, this timely guide will help you protect your assets and prosper during the coming years of economic turmoil. (Reprint) | Paperback | 388 pages, Illustrations.
The Little Book of Bull Moves in Bear Markets
In The Little Book of Bull Moves in Bear Markets, Peter Schiff offers investors an alternative investment strategy that can be used to protect and profit from the next economic downturn. A vocal libertarian, Schiff gained national notoriety as Ron Paul’s economic advisor during his presidential campaign in 2008.
Schiff is an entertaining and well-known media personality who regularly appears on CNN, Fox News, CNBC, and other financial and political news programs. However, his public proclamations of doom — including repeated warnings that America is headed for hyperinflation and a total collapse of the dollar’s value — and constant calls for investing in gold (which he says will eventually rise to $5,000 an ounce) are backed by a poor track record.
In this book, Schiff takes a fresh look at America’s bull markets of the 1920s and 1960s, as well as the bear markets that followed. He analyzes their similarities and differences from financial, economic, and political perspectives, then explains how conservative approaches to investing worked then and can work now.
The Little Book of Commodity Investing
Peter Schiff is a financial broker/dealer, author, frequent guest on national news, and host of the podcast The Peter Schiff Show. He believes that the American economy is headed toward either hyperinflation or an extremely severe recession, and he recommends getting your money out of the country and into resource-rich countries like Brazil, Russia, India, and China (and gold).
But you’d be wise to remember that his political beliefs inform his financial predictions. And that’s not always a good thing. For example, he is a constant critic of the Fed and the American currency, and he’s big on gold (even though it’s been flat to lower since his 2007 prediction).
Still, there are benefits to reading this book. It’s a quick read that explains some of the concepts behind commodity investing and makes some very general suggestions for what to do if you believe the American economy is heading down the drain.
The Little Book of Real Estate Investing
The Little Book of Real Estate Investing is a great resource for anyone interested in investing in real estate. It breaks down trends that affect real estate investment and explains how to make the most of your profits. It also provides helpful information for new investors such as how to cut expenses, build a team and more.
Peter Schiff is well-known for his bearish views on the US economy and markets. He regularly warns of a financial crash, citing debt growth and dollar devaluation as potential causes. Schiff has a long history of predicting market collapses before they happen and keeps a loyal following among people worried about the state of the economy.
Schiff earns money by promoting his investment company, Euro Pacific Capital, through social media and appearances on TV and radio. These appearances keep him in the zeitgeist, which helps generate clicks and views for his books and other media products. He also earns money from the fees charged to clients who invest in his funds at Euro Pacific Capital.
