Category Archives: Interviews

EXCLUSIVE – The Oprah Winfrey Interview we should have seen: Ben Bernanke Confessing to Years of Performance-Enhancing Economic Doping. 

Last weekend, Peter Schiff spoke at the Vancouver Resource Investment Conference, hosted by Cambridge House International. Peter took the time to record an interview with Bridgette Anderson, talking about his most recent book, The Real Crash: America’s Coming Bankruptcy, and how to prepare for a sovereign debt crisis and currency collapse.

“I was afraid the government would respond to the financial crisis by doing more of the same policies that caused it, which is more deficit spending, more cheap money, more central banking and central planning. And as a result, I think the US economy is now poised for a much bigger collapse. I think what is coming is a sovereign debt crisis, and a currency crisis that will make the financial crisis of ’08 look like the proverbial Sunday school picnic. I think it that it’s going to be much worse than what Europe is going through.”

Peter Schiff appeared on CNBC yesterday to contribute his thoughts on the dire straights of the US Postal Service and the government deficit.

“I think what it shows you is it’s very good politics when our leaders talk about reducing the deficit in the abstract. But they can’t even make the small cuts. I mean, these are trivial budget cuts in the Post Office. They can’t even make them. And if they can’t do this, how are they going to agree to the more substantive cuts that we have to have.”

Peter Schiff continued yesterday’s appearance on CNBC’s Futures Now, talking about gold and all the reasons it is a great time to invest in precious metals:

“I think short term gold and silver look good. I think we’ve already had a pull back. And you know, all this talk about minting trillion-dollar coins simply shines a light on what is going on here in the US. That we are creating money out of thin air, we’re debasing the currency, and that’s a great environment for buying gold.”

Yesterday, on CNBC’s Futures Now, Peter Schiff spoke with Marc Faber who agrees that investors should avoid government bonds and buy gold. Peter commented:

“Marc Faber talked about a shake out in gold. We might have already had it. We’ve already shaken out a lot of the weaker players. It could be a time for a rally right now.”

Peter Schiff appeared on CCTV last night to discuss Congress’ upcoming debt ceiling debate. Peter predicts more political theater, with Congress proposing no real solutions for curbing spending:

“Congress is not going to act responsibly until it is forced to do so by a real crisis. I’m talking about a crisis that is similar to what’s going on in countries like Greece. We’re going to have to have a currency crisis, a sovereign debt crisis, where the world that is financing our profligacy stops doing it.”