Real Crash 2014
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Posted by Staff on 05/28/2014 at 10:47 AM
Hi Peter, My wife & are both 61 yrs old. I have basically gotten 0% return on our savings for 13 years now wished I had heard your advice back in 2000. There is so much false MSM we only recently began hearing your voice of truth. As a God loving couple, we are devastated by the Obama misinformation and manipulation machine. We believe that our forefathers would be absolutely sick to their stomachs to have gone through this treacherous period in American History. We believe in God First and that requires: prayer, the study of God's Word, individual responsibility, work, charity, mercy and not government hand-outs. Thank you for being strong and being a voice of truth. Their is no substitute for the truth, although our current gov't obviously does not practice it. Moving forward, we will continue to pray for you in hopes the immoral and treacherous voices of misinformation do not overpower all reason and goodness. In Jesus name, we pray. Bruce & Janet Hedge.

Bruce F. H.

Posted by Staff on 05/28/2014 at 10:46 AM
Hi Peter,

I first discovered you on youtube a few months ago and have been listening to you every now and then. I'm a staunch fiscal conservative and really just wanted to introduce myself to you and let you know how much I appreciate the work you're doing. In 10-15 years, I also want to own a company - I will start my own private practice one day. Unfortunately, the healthcare situation is only getting worse and the current administration certainly isn't making matters any better. All this federal regulation by the FDA, etc. is stifling innovation. No matter what the issues with cost of health care in the US, we have always been at the pinnacle of health care technology...until now. Did you know that for the first time ever, we have more people leaving the United States to get operations done than we have people coming here for them? Many other countries now have better technologies that we cannot use because they haven't been stringently tested enough in US despite a preponderance of evidence for their success worldwide.

Here's a little more about me - I'm 21 years old and finishing up my second year of medical school in Philly. My parents emigrated from Sri Lanka in the early 1980s with the clothes on their backs and a suitcase full of $1 bills. They lived in a studio apartment while my father worked upwards of 16 hours a day and my mother went to college to become a nurse she wanted to become a doctor but didn't have the means. Eventually, they both did extremely well for themselves - my mother is now a nurse practitioner and my father is a civil engineer for the NJDOT. He actually started a small company Janoct Home Builders on a whim and after several failed endeavors he lost a lot of money on the first house he tried to design and sell, he started selling homes upwards of $1 million. He hasn't tried to design and sell a home in the past 5 years because of the housing market, however. We are by no means rich, but we are a successful middle class family. My parents' story proved to me that the American Dream is still alive and well. They even raised two doctors-to-be in the meantime my brother is in the last year of his neurosurgery residency.

Anyway, I just wanted to show you where I come from and start this conversation with you. Lately I've been watching a lot of your minimum wage videos and I couldn't agree with you more. I do have one question, however. Do you have any statistics/evidence for the claim that even though taxes on the rich were higher in the past, there were many deductions/loopholes, etc. so people actually paid less? It seems like there should be a record of that somewhere but when I have this conversation with my extremely liberal peers, I get stuck there because I have no hard evidence for it.

Thanks for listening,

Posted by Staff on 05/28/2014 at 10:44 AM
Mr. Schiff,

I just wanted to say thank-you for continuing the good fight for true capitalism and personal economic freedom especially in these times of pro-communist/socialist rhetoric.

I'm 35 yrs old, didn't go to college, have been in the insurance industry as both a claims adjuster and agent since the age of 19, and for the past year have immersed myself in learning the markets to become a prop trader or broker.

I've been able to prove a successful trading strategy with good p/l although just a practice account which, along with my sales experience with several fortune 500 insurance companies, was enough to land me a couple of interviews with some start up commodity brokers in Chicago. So I packed my bags and moved to Chicago...I'm all in!

I'm telling you my brief story because you are my biggest inspiration in doing so. I watch and listen to your shows/appearances loved the occupy youtube video every chance I get. Listening to you always re-energizes my entrepreneurial and capitalistic spirit, which sometimes gets a little squelched when listening to others in my age demographic speak.

So again, thank-you and keep it up! You are a true mentor!


Philip B.

Posted by Staff on 05/28/2014 at 10:43 AM
Dear Peter,

My Dad is a huge advocate of the Austrian School of Economics and introduced me to books such as "How to Profit from the Coming Devalution" and is constantly encouraging me to research junior gold stocks.

While researching one day, I found videos of you online after Youtube cleverly recommended it to me, and you couldn't be more right! Not only do you make logical and sensible arguments about the economy, but it is highly entertaining for the average joe like me to watch. I was literally in tears after listening to your rant about how Krugman thinks preparing for an alien invasion is a good idea to stimulate the economy.

I am a recent university graduate from Business Management, and your video in the streets about the worth of a university degree really hit home. I graduated with honours, started my own driveway sealing company to help pay for tuition, and worked part-time during university but still can't find a decent job because literally everyone has the same degree. At my part-time job I have received resumes for minimum wage work in Toronto from people who have completed bachelor's degrees from the University of Toronto and MBAs from other universities. Having connections or starting your own business seems like the only way to go these days.

Keep up the good work Peter, the next economic collapse is around the corner and a new, not to mention really long "Peter Schiff was Right" youtube video will have to be made.


Thankful College Student
Posted by Staff on 03/04/2013 at 5:13 PM
Hello Mr. Schiff,

I'd like to simply express my utmost appreciation for the profound knowledge and insight that you continue to share with your audience. As a 20-year-old student formerly studying physical therapy, I was newly introduced to you through your Occupy Wall Street video that was posted by a member on Bodybuilding.com's forums. I was intrigued and inspired by your ability to present rational views completely unadjacent with the mainstream, yet infinitely more sensible. Since discovery of your video, I've strictly spent the last year studying finance and economics with your principles as my main incorporation in my coursework, with a new-found passion for the field. With near-term goals of completing business school and transitioning into the professional sector, I aspire to provide to others the knowledge and value that you've mastered in presenting to me. Last year, I knew much about physiology and next to nothing about economics. Fast-forward one year, and I'm consistently adding to my stack of 1,000 oz of silver and 20 oz of gold, while having daily discussions with my economics professor on how the Fed has checked into the Roach Motel of monetary policy. I am truly grateful for the unparalleled positive influence you've had on me over the past year and look forward to your continued success in life. 

Pasadena, CA

Posted by staff on 03/01/2013 at 5:00 AM

Dear Mr Schiff,

My name is Graham S. -- I hold a degree in economics 2010 grad. I am 24 years old.

I have been a listener of your thoughts for years. I listened to what you said, followed up with my own research and when it came to attending class to be confronted by a 'lecturer' -- I was laughed at when I brought up the inevitable crash coming this was in 2007. 

I wrote my dissertation on "hyperinflation and the end of the US dollar" -- my professor refused to accept it at first, but by then I knew the worthlessness of the degree I told him I couldn't care less whether he agreed or not, or even if I graduated. Why? Because by 2010 I knew that I was smarter and further ahead of the game than they were, all thanks to you.

When I attempted to get a job on a trading desk in the city of London I was repeatedly turned down. The reason being, because I wasn't backward in coming forward with my thoughts and facts on the impending crash at a time when people were anticipating a recovery. 

Throughout every interview, I never once allowed myself to compromise my our thoughts on the economy, which means I can hold my head high and my integrity remains intact.

It's 2013 now and I am paying back a worthless degree, my girlfriend studying her doctorate and I cannot get a mortgage as banks want a silly high deposit. 

However, I decided that I would put my money where my mouth is and back the knowledge that I have gained from your youtube videos/ radio show and books.
I am now trading my own portfolio predominantly futures and forex and making strides toward financial freedom.

I owe everything to you. No amount of student loans will ever outweigh the debt I will forever be in to you. 

Maybe one day I will buy you a few drinks don't worry I have enough gold to pay the tab off.

Thanks again.

Your friend,
Graham S.

Posted by staff on 02/25/2013 at 3:59 PM

Hi Peter,

I'm a fan of your work & books.  I've got an MBA & I researched for Wall Street institutional investment funds for years before I got a real job developing fast-payback energy saving systems for businesses.  You've taught me more about economics than all the misinformation I've learned over the years combined.

I LOVE your new radio show, because the interactive format with your guests is the best possible way to thoroughly understand the issues.  Keep up the good work.

Andy K.

Posted by staff on 02/25/2013 at 3:59 PM

Dear Peter, my name is Ethan I am 19 and live in a small town in Vermont called Marshfield. I currently go to the Community College of Vermont part time taking two classes a week. I also work part time with my dad and my older brother logging to be able to pay for the classes which I attend. My dad is the third generation of the Ducharme logging business making my brother who wants to take over the fourth. I on the other hand want nothing to do with logging and actually hate it. I see my dad come home every afternoon worn out tired beat up form the days worth of work then get up at 4 the next morning to start all over again. 

When I am not taking classes I'm out there with them doing the same boring stuff they are doing; I'm not exactly sure what I want to do with the rest of my life but I no what I do not want to do and that's logging. I want to go to college full time like everyone else I no but I don't want to get into all kinds of debt and take out all kinds of student loans. I feel like it is impossible to go to college without getting into debt and If I keep having to work to pay for the classes that I am taking it will take me the rest of my life to complete school. I think I want to go to school to be a nurse because I like working and interacting with people and you make decent money and don?t have to work yourself to death. My brother whose name is Erik and is 22 is also our neighbor, he comes over all the time and tries to give me advice on what I should do for work and this and that and what he wishes he did when he was my age instead of going into the marines.

From what I have gathered in my 19 years of life I came to realize that its pretty hard to make it out in the world and become successful and financially stable which is exactly what I want to become. I started looking into investing and buying a few shares and Googleing what?s good to buy or bad and somewhere along the line your name popped up. I looked you up online and read a little bit about you and saw that you looked like you new your shit; good with money, good with politics, investing and being able to tell what is potentially good or bad to invest in. I listened to part of your first radio show but it only would let me play three minutes so I couldn?t listen to the rest. I have 2 ounces of gold that my grandfather gave to me before he died and I am not sure what to do with them. I want to build a house in a few years but feel like its impossible to get anything started or up and going I feel like I could make some money by selling my gold, or maybe by investing a little but I only have about 500 dollars that I could potentially invest. If you could give me some maybe good safe ideas what I could invest in or just some advice in general about where to go or how to make it out there it would be a tremendous help. I'm not asking for a handout by any means just some advice and you seem like the person I have been looking for. You probably get a million emails a day but I sure hope you see mine. Thank you so much.

Ethan D.

Posted by staff on 02/25/2013 at 3:58 PM

I love you man!  You are one of the last great thinkers worth listening to in what's becoming an insane-asylum nation!  I anticipate hearing your daily blog and enjoy your radio program.  Keep it coming!



Posted by staff on 02/25/2013 at 3:57 PM

Hi Peter,

You have a growing fan club in Germany not Army! I've been watching your videos since about 2 years ago and you have converted me to the Austrian School. I also recently felt the need to do something political, to spread the word. There is a new, rapidly growing libertarian political party here in Germay which I recently joined. I have been asked, being a native English speaker, I was born and grew up in Toronto, Canada to ask you if you would be so kind as to record a short interview or just a message for us that we could post on our website  www.parteidervernunft.de  . I noticed that you recently did one for Hartgeld.com in Austria.

I bought a copy of your 'Fish Reserve Notes' book. My son, 14, loved it, he read it twice. I liked it a lot too, and really think it should be made required reading at the high school level. If all students had to read this, it would fundamentally change the way society works within 20 years IMHO. The Left has dominated education for decades, it's time freedom loving people started to exert an influence on education, to swing the pendulum back, so to speak. Will this book get translated into German? Have you tried to introduce your book into the school curriculum anywhere?

Keep up the good work, and best regards from Berlin

Steven M.


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