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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'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  . I noticed that you recently did one for 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.


Posted by staff on 02/25/2013 at 3:53 PM

Hey Peter

What a good show I've have put on and I truly like it. Its great that there are international listeners like me from Australia is tuning in for what your opinions on economics.

The one thing that you've mentioned about the Australian housing bubble. I think there is a bubble in property prices and particulary when back in 2005 to 2009. Both Howard and Rudd-Gillard government have continued to support the real estate market by offering the so called 'first homes owners grant' of $10,000 to $25,000.

Since these grants been to recent home buyers. Since the R.B.A rises interest rates to 7% during 2006-7. Mortuage stress was an all time high as home owners who wasn't able to service their loans particlularly when more than 30% of thier income is being used to pay off their mortage repayments and interest. Since Kevin Rudd was elected in 2008, he made the grants bigger and since the RBA raise rates again to 4% in 2010, still a similar percentage of home owners are in mortague stress again and so as home reprocessions.  

So far I believe both the past and present governments have made the real estate market more vulnerable and more expensive for younger people to own a home.

By the way, Prime Minister Julia Gillard believes in communism since she was a student at Melbourne University and rejects the free market. she wanted like she'd said in a press conference days after since she overthrown Kevin Rudd that she believes in a command and control economy.

Khoa from Melbourne, CA


Posted by staff on 02/25/2013 at 3:52 PM

Hey Peter, I just wanted to let you know that I enjoy listening to your new show when I can. I have been following you for quite some time now, and hearing what you have to say has helped to shape my perspective on economics and investment.

I wish you the best of luck and hope that it turns out to be a great success. I also sincerely hope that you make another political run at some point in the future.


Posted by staff on 02/25/2013 at 3:51 PM

   I simply wanted to thank you for the continued education and overall positive influence that you have had on my life. I am a restaurant owner in California, as you can tell from my background the last couple of years have been a difficult time for me. Your guidance through these difficult times has really helped me to financially position my fiancée and I to do well when many of our peers and friends have not been able to do so.

   In addition, your sharing of ideas has helped me understand what is truly going on in the world. I used to be a person that was living my life and managing my business day to day, with no real understanding of where our economy was going and feeling as though it was not in my power to control my own financial destiny. I know feel a sense of empowerment and understanding that has developed largely from the influence of following your work.

   My dad first turned me on to your book crash proof back in 2008. I had heard my dad speak of many of the concepts you explained so well, but it wasn?t until I read your book that I truly had that ?ah ha? moment. From then on I have read all of your other books as well as many of the authors on your reading list. I continue to read your blogs and watch your video blogs every time you post. Now that you have the weekly radio show I try to listen as much as possible. On a personal level, your work has enabled me to develop a really wonderful side to my relationship with my dad that previously did not exist. We are able to connect and discuss topics and conversations that are generated from the content you provide on your website. Many of our phone conversations now begin with ?did you see what Peter said today??.

   I know you are a busy man so I wont continue to ramble, I really just wanted to say keep up the good work and all that you do is appreciated and has a very positive and profound effect on many. If nothing else, I thought it only fair for me to say thank you. Back to work for me.

John M.

Posted by staff on 02/25/2013 at 3:51 PM

Dear Peter-san:

Greeting from Fujisawa, Japan!

I greatly appreciate your wisdom, courage and professionalism that you exhibit in running your business, your Senate campaign and media appearances.

I recently saw a You Tube CNN interview when you were debating a clueless nitwit.   This jerk asked you the last time the government didn't intervene in a major recession.

You didn't reply to this simpleton--you had moved on to another topic--however, the answer to this jerk's question is the Forgotten Depression of 1919/1920.

Coolidge and his Treasury. Sec. Mellon CUT the government size/spending 50% eliminating/combining 100's of agencies, CUT upper tax rate from 76% to 24%, reduced regulations, and the FED didn't intervene.  

After these initiatives were implemented, within 2 years, the unemployment rate fell from 20% to 4%, GDP growth soon hit 7%, standards of living exploded, industrial production rapidly expanded, exports increased, and led to the roaring 20's--one of the fastest periods of economic growth in U.S. history.

They did keep interest rates too long and had insufficient margin limits 10% I think--confirm this point, which contributed to the stock market crash of 1929 primarily caused by the Smooth-Hawley Tariff Act however, it still shows what is possible when you governments stop trying to "fix" things.

Anyway Peter, you are incredible and would contribute to your campaign if when? you run again for Senate.

If you ever ran for President, I would contribute to your campaign and send in my absentee ballot with your name checked off!

Keep up your outstanding work!

Steve D.


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