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| ==Career== | ==Career== | ||
| Schiff began his career in financial consulting with ].<ref name=official>Official biographical sketch of Schiff at Euro Pacific Capital Inc. Web site, accessed ], ]< |
Schiff began his career in financial consulting with ].<ref name=official>Official biographical sketch of Schiff at Euro Pacific Capital Inc. Web site, accessed ], ] He launched Euro Pacific Capital in 1996 when he bought a broker-dealer in Florida without clients or revenues and then reincorporated the business in California. In 2006 he relocated to Darien, Connecticut in order to find brokers "who think like him," according to an article in ''The Advocate'' of ]. The New York metropolitan area, he said, has the biggest concentration of brokers in the country, making it easier to recruit them, he said.<ref name=lapin/> | ||
| He launched Euro Pacific Capital in 1996 when he bought a broker-dealer in Florida without clients or revenues and then reincorporated the business in California. In 2006 he relocated to Darien, Connecticut in order to find brokers "who think like him," according to an article in ''The Advocate'' of ]. The New York metropolitan area, he said, has the biggest concentration of brokers in the country, making it easier to recruit them, he said.<ref name=lapin/> | |||
| The company retains an office in ] as well as in ] and ]. Schiff said in August 2006 that he planned to open offices eventually in Manhattan and somewhere in the Midwest.<ref name=lapin/> | The company retains an office in ] as well as in ] and ]. Schiff said in August 2006 that he planned to open offices eventually in Manhattan and somewhere in the Midwest.<ref name=lapin/> | ||
Revision as of 01:34, 31 July 2007
Peter Schiff is an American financial analyst who frequently appears as a guest on CNBC, Fox News, and Bloomberg Television and is often quoted in major financial publications. He is the president of Euro Pacific Capital Inc., a brokerage firm based in Darien, Connecticut. He is known for his extremely bearish views on the United States stock market, bond market, the US dollar, and the United States economy in general for which he has earned the nickname "Dr. Doom."
Every Wednesday at 8PM ET Schiff hosts a live Internet radio show called "Wall Street Unspun."
Education
Schiff was born in New Haven, Connecticut and was raised in Manhattan and Miami. Schiff graduated from the University of California, Berkeley in 1987 with a degree in finance and accounting.
Career
Schiff began his career in financial consulting with Shearson Lehman Brothers.<ref name=official>Official biographical sketch of Schiff at Euro Pacific Capital Inc. Web site, accessed August 20, 2006 He launched Euro Pacific Capital in 1996 when he bought a broker-dealer in Florida without clients or revenues and then reincorporated the business in California. In 2006 he relocated to Darien, Connecticut in order to find brokers "who think like him," according to an article in The Advocate of Stamford, Connecticut. The New York metropolitan area, he said, has the biggest concentration of brokers in the country, making it easier to recruit them, he said.
The company retains an office in Newport Beach, California as well as in Phoenix and Medford, Oregon. Schiff said in August 2006 that he planned to open offices eventually in Manhattan and somewhere in the Midwest.
Schiff holds NASD Series 4,7,24,27,53,55, & 63 licenses.
In an August 2006 interview Schiff generated much controversy when he said: "The United States economy is like the Titanic and I am here with the lifeboat trying to get people to leave the ship ...I see a real financial crisis coming for the United States."
Works
Footnotes
- ^ "Prophet of Doom? Darien market bear says U.S. investors' ship is sinking," article by Julie Fishman-Lapin in The Advocate of Stamford, Business section, August 6, 2006, pp. F1, F6
- Peter Schiff is the son of tax protester Irwin Schiff.
- Cite error: The named reference
officialwas invoked but never defined (see the help page).
External links
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