Introduction: Peter Schiff is CEO of Euro Pacific Capital and Euro Pacific Asset Management, and Chairman of Euro Pacific Precious Metals, and Euro Pacific Bank, his international brokerage firm. He is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, L. A. Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, FOX Business, CNN, MSNBC and Fox News Channel. Peter’s daily radio show, The Peter Schiff Show, concluded at the end of August, which he is revamping into a weekly podcast. His latest episodes and media appearances are posted on his YouTube channel, The Schiff Report.
Mr. Schiff is also the author of several bestselling books, including: Crash Proof 2.0: How to Profit from the Economic Collapse and his updated illustrated parable classic, How an Economy Grows and Why It Crashes – The Collector’s Edition. His latest bestseller, The Real Crash: America’s Coming Bankruptcy How to Save Yourself and Your Country, which he fully revised and updated, was re-released this past April..
Daily Bell: Hello, Peter. Thanks for being with us. How’s your father (Irwin Schiff)?
Peter Schiff: He’s hanging in there. He’s still a political prisoner but his spirits are still quite high. He’s still hopeful that one of his legal motions will get him out, but unfortunately, the court system is very corrupt in the United States and so being innocent doesn’t necessarily mean you’re going to be free.
Daily Bell: How is your brokerage doing? You are offshore now? Are the regulators still giving you a hard time? Peter Schiff: They give everybody a hard time. I don’t think they single me out. That’s part of the problem in the US economy and so many economies around the world. Governments are overregulating and driving up the cost of doing business, driving a lot of entrepreneurs out of business. One of the reasons we have so few jobs today is because the government is waging war on the job creators.
This post was published at The Daily Bell on September 07, 2014.
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