Schiff
Peter Schiff Meets Ben Bernanke
Peter Schiff: I can tell you that… BEEEEP…
Peter Schiff Keynote: The Road to QE4
Peter Schiff Was Right Bitcoin Version
Here is one of his funniest moments from November 2013.
Peter Schiff / Jim Rickards Interview
Peter Schiff: The Effect of Obamacare
I explained here that Obamacare will destroy full time workers.
When Obamacare rolls out in 2014, we will continue to see a shift to part-time employment as employers will fire full-time workers (>30 hours/week) and hire part-time workers (<30 hours/week) to avoid paying for Obamacare.
And you can witness that on this chart. See how the red chart edges upwards while the blue chart decreases in June 2014.
I also pointed out that this always coincides with a pending recession. We’re still early, let’s see how this trend will evolve later on.
Peter Schiff Sarcasm on Deflation: Falling Consumer Prices in Sweden
Who is Mysterious Belgium Buyer of U.S. Debt: Jim Rickards and Peter Schiff’s take
Also Peter Schiff suspects, via his radio show, that it’s the ECB buying U.S. debt via Belgium. He doesn’t suspect it’s the Federal Reserve itself, because that would destroy their credibility of tapering QE.
What is clear is that this is not likely the government of Belgium, or private Belgian capital, that is doing the buying. The numbers are just too large. This is particularly true in the First Quarter of 2014 when the buying averaged a stunning $41.5 billion per month (January was the biggest month with $54 billion). In all likelihood, the only European buyer with a wallet that big would be the European Central Bank (ECB) itself.