Quotes by Peter Schiff

About Peter Schiff:

Peter David Schiff is an American financial analyst, stockbroker, author and politician. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. Founder of Euro Pacific Canada Inc., a Canadian registered global brokerage firm headquartered in Toronto, with offices in Burlington, Montreal, Vancouver and Tokyo, Japan. Founder and Chairman of Euro Pacific Bank Ltd., offshore bank based in St. Vincent and the Grenadines. Founder, CEO and Chairman of Euro Pacific Asset Management, LLC., a asset management company founded in Newport Beach, currently relocated to San Juan, Puerto Rico since 2013. Founder and Chairman of SchiffGold, a precious metals dealer based in Manhattan.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

The Fed is the biggest enemy of this economy. In fact, Ben Bernanke, as far as I'm concerned, he's public enemy No. 1. We're never going to have a recovery while this guy's in charge.

Peter Schiff

One day we're going to look back at $1,700 with nostalgia. People are going to be shocked at how inexpensive gold was when it could be snapped up for such a bargain price.

Peter Schiff

Wall Street is in trouble because Main Street is broke.

Peter Schiff

My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It will cost the economy more than the cost of the bailout which is more than the politicians think. We'll run into the h...

Peter Schiff

I don't want the technology of the 1950s, but I want the free market of the 1950s.

Peter Schiff

Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of i...

Peter Schiff

People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.

Peter Schiff

What got us out of the depression was capitalism, and we would have gotten out a lot quicker had the government not intervened.

Peter Schiff

The left-wing agenda wants us to think that the reason there was a depression was because the government didn't do anything. That's not true.

Peter Schiff

The government can't create jobs; they'll destroy jobs trying to do it. The government doesn't have any money; all they have is a printing press. We need to free markets to create jobs; if the government wants to help, they should reduce their burden...

Peter Schiff

Greed is normally balanced by fear.

Peter Schiff

At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.

Peter Schiff

When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency. So the purchasing power that we lose, somebody else gets.

Peter Schiff

Author Bio

  • NamePeter Schiff
  • DescriptionAmerican entrepreneur, economist and author
  • BornMarch 23, 1963
  • CountryUnited States Of America
  • ProfessionStockbroker; Author; Economist; Businessperson