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| Every Wednesday at 8PM ] Schiff hosts a live Internet radio show called "Wall Street Unspun." <ref name=lapin>"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, ], ], pp. F1, F6</ref> | Every Wednesday at 8PM ] Schiff hosts a live Internet radio show called "Wall Street Unspun." <ref name=lapin>"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, ], ], pp. F1, F6</ref> | ||
| Peter "chicken little" Schiff has not disclosed the make and model of crystal ball he uses to predict the future. | |||
| ==Education== | ==Education== | ||
Revision as of 16:02, 17 August 2007
Peter Schiff, the son of jailed income tax protestor Irwin Schiff, is an American stockbroker 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. Schiff 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." He is also credited as a contributor to his father's 1985 book, "The Great Income Tax Hoax: why you can immediately stop paying this illegally enforced tax." Peter Schiff has endorsed Republican candidate Ron Paul.
Every Wednesday at 8PM ET Schiff hosts a live Internet radio show called "Wall Street Unspun."
Peter "chicken little" Schiff has not disclosed the make and model of crystal ball he uses to predict the future.
Education
Peter Schiff was born in New Haven, Connecticut and was raised in Manhattan and Miami. He 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. 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 Schiff 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 repeated his long-held investment thesis: "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." Recent financial conditions have lead to a surge in popularity for the most pessimistic financial prognosticators.
Peter Schiff has endorsed Republican candidate Ron Paul.
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
- ^ Official biographical sketch of Schiff at Euro Pacific Capital Inc. Web site, accessed August 20, 2006
- Peter Schiff's endorsement for Ron Paul
External links
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