Over the years I've written dozens of articles and made even more videos debunking the myths and lies made by Peter Schiff, as well as warning the public about his miserable track record and reckless financial advice. Schiff's propaganda could prove to be very dangerous to those who fall for it. Many suckers have already learned this the hard way. So long as Schiff continues to receive exposure from his buddies in the media, Schiff will remain as a danger to anyone foolish enough to believe his nonsense. Just look at his track record. It's probably the worst I have ever seen in my professional career in the financial industry spanning two decades.
Is there no end to the extent by which Peter Schiff continues to get everything wrong? But hey, remember, the Jewish media keeps telling you that Schiff is an "expert" because he predicted the financial crisis, right? Never mind that Schiff's tribemen in the media NEVER mention that FACT that Schiff was accused of FRAUD by securities regulators, which basically put an end to his career with legit Wall Street firms back when he was a rookie. Never mind that the media fails to point out that Schiff is a broken clock who serves as a pitch man for his delusional investment recommendations and ridiculous economic ideas. Nevermind the fact that media never mentions how wrong Schiff has been. After all, the media is run by a Jewish cabal. As I have demonstrated countless time...
In my professional opinion, rather than an economist or strategist, Peter Schiff is really a sales and marketing strategist because that appears to be how he spends the majority of his time. I state this with complete confidence because I have been noting Schiff's schedule for several years.
It's not enough that Peter Schiff made a fortune duping his cult members with dubious statements in addition to failed predictions about the US, EU and China's economy, gold, silver, inflation, commodities and US Treasuries, nor was it enough that he made ridiculous claims about the US dollar, gold and the US stock market, all of which generated book sales from his useless book by suckers who thought Schiff could lead them to huge profits (boy were they proven to be complete suckers). Believe it or not, Schiff recently tried to coerce his low-IQ cult following to start a GoFundMe campaign...
We created the following videos to summarize Peter Schiff, what he stands for, his track record and his credibility. As you can imagine, we have found nothing good to say about the man. Yet, he remains celebrated by the Jewish-run media as an "expert." By constantly airing Schiff and other broken clock charlatans, the media has confirmed that it's really a criminal organization.
In the first video (below) Peter Schiff finally backs off from his prior claims that the U.S. would enter hyperinflation. As you might recall, Schiff was scaring people for many years with these ridiculous claims in order to sell his shiny rocks which he continues to claim is "real money." Schiff also scared many people out of the U.S. stock market which went on to soar during the longest bull market in history. In this recent video, he's claiming hyperinflation is now his "worst-case" scenario. But Schiff wasn't claiming hyperinflation was his worst-case scenario over the past several years. He was actually predicting hyperinflation as a certainty since at least 2009. See the second video for evidence of this.
This is perhaps the greatest video revealing just how foolish this man is, with special cameos from the great Dr. Loveless (Michael Dunn), the airhead con man Mike Maloney and the expert of Asian "nightlife" himself, Marc Faber. When surveying the assortment of doomsday propaganda, it is important to keep in mind that Schiff should be used as the center piece of the gold-pumping, broken clock, doomsday douche bags. That is, Schiff receives the most media attention of this bunch and serves as the central nervous system of these doomsday douche bags. So this video not only applies to Schiff, but it also applies to countless morons who are in the same camp as Schiff.
Schiff hasn't stopped his fear-mongering. He's still doing the same thing but with a few twists. For instance, before he claimed the Federal Reserve could never raise interest rates. After the Fed raised rates six times Schiff is now claiming rates are going to skyrocket. Of course there's much more to expose about this fear-mongering investment disaster, but let's just enjoy the video for now.
Today, I’m going to show you just how misguided Peter Schiff remains. As expected, Schiff continues to cling onto his one-way investment approach, which is focused on extremes. I am convinced that Peter will go to his death bed proclaiming the same things as he has over several years. As you might appreciate, things change and investments must be managed to account for these changes. However, as any good salesman would do, Schiff sticks to extremes, while never altering his course no matter how bad his “strategies” might look because extremes are what lure in the sheep, who have very little ability to think for themselves.
Despite Schiff’s relentless efforts to keep his (useless) radio show going, he has announced it’s coming to a close soon. The reason why Schiff couldn’t cut it on radio despite having received more promotion through the financial media than anyone I know of, is due to the following reasons: He would never let anyone who might have disagreed with him speak He interviewed hacks, airheads and lackeys He provided no real substance His talking points were recycled day in and day out, just like his media interviews He isn’t an interesting or thought provoking guy He mostly talked about stupid crap like Travon Martin or soap opera BS regarding what the Fed is considering He rarely talked about investments (perhaps because he feared it would hurt him more than...
The more I hear Schiff's delusional and ridiculous sale pitch, the more I am becoming convinced that he has lost his marbles, but that might well represent the best of all scenarios. The alternative conclusion would be that he is blatantly lying to his sheep audience in order to manipulate gold and brainwash low-IQ investors into believing his ridiculous claims, despite the fact that he has been mostly wrong for several years now, whether we are talking about his forecasts for the US dollar or individual stock picks, Schiff’s track record has been a huge embarrassment. The problem is that there are many of his sheep clients who still have no idea that Schiff’s extremist ideas and misstatements represent a potential detriment to their investment returns. The facts don...
Schiff claims to be a value investor. The funny thing about that is he recommends something that has no real value - GOLD! In addition, unlike model value investors, Schiff does not seem to focus much on risk mitigation. Finally, Schiff's investment strategy is buy-and-hold. What a disaster. Let's take a look at some of Schiff's value investment recommendations.
The following audio was first created and published in 2016. It seems that Peter Schiff has formed business relationships with his tribesmen at copywriting boiler room Agora Financial (via Wall Street Daily). Take note folks, as this not only further implicates Schiff as a fear mongering con man, but it also adds more ridiculous predictions to his already terrible track record. As you listen to Mike break down the copywriting scam in the audio below, you might want to download the PDF (located at the end of the article) for a full transcript of the email marketing pitch from Wall Street Daily and Schiff. Notice that perennial con man Jim Rogers, also a member of the doomsday syndicate, is on the "board of directors" of Wall Street Daily. Remember, you are judged by the co...
In 2007 Peter Schiff "wrote" a book that was apparently geared to win the approval of an unsophisticated and rather gullible audience. In addition to mentioning his disastrous brokerage firm on every other page, Peter Schiff’s 2007 book, Crash Proof turned out to be anything but a resource to avoid a stock market crash.
As time moves forward, while my own forecasts and recommendations continue to serve as a crystal ball, many of those made by Peter Schiff of Europacific Capital continue to form an embarrassing display. Remember, Schiff has been pimping the euro for years discussing how much stronger it is and how the dollar was headed for 0. I actually kind of feel sorry for the guy. On second thought. I don't. After all, he landed a huge amount of money by receiving mass media exposure just because he is Jewish. The worst part is that this money came from the pockets of sheep who feel for his ridiculous views. In the video below, as late as the end of October of 2011, he was still talking about the dollar being worse than the euro. This folks, is s...
Well, I'll let you decide for yourself. Watch the video, listen and learn the subtle art of sidestepping compliments of Peter Schiff.
The lesson of the day points to the first image below, taken from a recent propaganda piece written by Schiff or one of his monkeys.
The definitive video that shows just how wrong Schiff has been.
After you watch this video, you will get a better idea why Peter Schiff fears going up head to head with Mike Stathis on a neutral platform. The two are on completely different levels. One is a clown preaching scare tactics ad myths in order to make money charging people huge fees for gold, all while getting most of his forecasts wrong; the other is a no nonsense expert who doesn't sell gold or securities so he has no agendas, and he doesn't spend most of his time in media and marketing, unlike the former individual. Finally, he is one of the leading investment experts in the world today. And he is the only person with the guts and wisdom to expose Schiff's BS.
Today, Mike points to a couple of examples of your typical media and marketing BS, compliments of Meredith Whitney and Peter Schiff.