Peter Schiff

- Education: University of California, BerkeleyEuro Pacific Capital: Peter Schiff Profile
- Company: Euro Pacific Capital
- Title: President and chief global strategist
- Economic adviser: Ron Paul 2008 presidential campaign (January 25, 2008 - June 12, 2008)
- Market view: BearYahoo! Finance: Permabear Peter Schiff's Worst-Case Scenario (May 30, 2008)
- Predicted: Dow will match price of goldYouTube Video: Peter Schiff June 26 2008 Fox Business News - Cavuto

Peter Schiff is a financial strategist and analyst frequently consulted by the news media. He is the president and chief global strategist of financial company Euro Pacific Capital.
In 2006 and 2007, Schiff appeared on the Fox News Channel with dire warnings for the economy of the world. Schiff said that the combination of too much borrowing and consumption with too little production and savings was going to send the world's economy into a tailspin. Although he was roundly mocked on the program, his predictions sound eerily close to the financial crisis today.YouTube: Peter Schiff Was Right 2006 - 2007 (2nd Edition) (Time: 9:59)
Ron Paul Endorsement

Peter Schiff endorsed Ron Paul in the 2008 Republican presidential primaries.YouTube Video: Ron Paul Endorsed By Peter Schiff He launched an e-mail campaign encouraging contributions from clients and business acquaintances to the fundraising effort.Daily Paul: Investment Advisor Peter Schiff Appeals to 60,000 in E-Mail Blast (November 7, 2007) On January 25, 2008, Schiff was named economic adviser for the Ron Paul presidential campaign.Reuters: Peter Schiff Named Economic Advisor to the Ron Paul 2008 Presidential Campaign (January 25, 2008) Ron Paul's presidential run officially ended on June 12, 2008.WashingtonPost.com Ron Paul Ends His Campaign - for Real This Time (June 12, 2008)
Dire Predictions

Schiff is known for his bearish views on the market.Yahoo! Finance: Permabear Peter Schiff's Worst-Case Scenario (May 30, 2008) Schiff predicted the Dow Jones index will fall to the value of one ounce of gold, but he did not commit to the value of the intersection.YouTube Video: Peter Schiff June 26 2008 Fox Business News - Cavuto Schiff is skeptical of the U.S. Treasury Department, claiming the U.S. market value appears to be manufactured based on inaccurately adjusted inflation numbers.YouTube Video: Peter Schiff June 26 2008 Fox Business News - Cavuto
Quotes
"The problem with our deficit is that we import consumer goods we cannot afford to pay for with either exports or foreign earnings. As such we accumulate external liabilities that we will never be able to repay and our nation's future productive capacity continues to deteriorate. We are de-industrializing and are condemning ourselves and future generations to falling standards of living."Mises Economic Blog Interview with Peter Schiff
"The whole science of economics, as I see it, is how do you satisfy unlimited demand with limited resources?"Barron's: Gloom and Doom? Nah; Just for the U.S. (June 30, 2008)
"I don't see a way for the U.S. economy to avoid a major retrenchment. There's no way that U.S. assets are not going to be marked down relative to foreign assets. Therefore, I would rather invest in the rest of the world."Barron's: Gloom and Doom? Nah; Just for the U.S. (June 30, 2008)