Talk:Peter Schiff: Difference between revisions

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	== Video Blogger ==

	I don't think that calling Schiff a 'video blogger' in the lead is necessary, significant or notable. He may also be a business manager, a father, a speed typist, an auctioneer, a world traveler etc. but we don't need to mention these things, particularly in the lead. I would suggest we take it out. What do others think?--<span style="font-family:Comic Sans MS,sans -serif"> — ] • ] • </span> 19:13, 23 June 2010 (UTC)

	: I'm not sure if its now a notable aspect for Schiff, but I'd lean towards it probably not being overwhelmingly notable. ] (]) 20:23, 23 June 2010 (UTC)
	::Agree. However, it may be valuable to say ''Schiff gained notoriety for YouTube videos which confirmed several of his predictions on the 2007-2009 U.S. Economic Recession.'' or something to that effect.--] ] 01:41, 24 June 2010 (UTC)

	== Is Schiff an investment banker? ==

	I've just skimmed through the entire article and was a bit surprised that the word 'investment banker' doesn't appear anywhere on the page. IMO, that's the best descriptor for his job. Any objections to adding it to the section on his career? A quick google search brings up these articles that call him that:
	--] (]) 00:42, 27 June 2010 (UTC)

	: Hmmm .... I'll have to check out those links, but he seems more like an investment broker than a banker. ] (]) 02:05, 27 June 2010 (UTC)

	:: Changed description from more generic 'businessman' to 'investment broker'.

	== Schiff is NOT Dr. Doom! ==		== Schiff is NOT Dr. Doom! ==
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	== Edit in Economic Predictions Section ==		== Edit in Economic Predictions Section ==

	I edited out the phrase "a prediction that five years later has not proven correct" as this is an unsupported editor's opinion. The reference "3" is only to Schiff's book, not to an authoritative source of the dollar's value five years after the book was written. In fact, a simple inflation calculator online will show the last five years the dollar has lost nearly 11 percent of its purchasing value!		I edited out the phrase "a prediction that five years later has not proven correct" as this is an unsupported editor's opinion. The reference "3" is only to Schiff's book, not to an authoritative source of the dollar's value five years after the book was written. In fact, a simple inflation calculator online will show the last five years the dollar has lost nearly 11 percent of its purchasing value!
	] (]) 16:45, 13 July 2012 (UTC)		] (]) 16:45, 13 July 2012 (UTC)

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Schiff is NOT Dr. Doom!

Dammit, he doesn't even have a Ph.D. How the hell can he be called Dr. Doom? That moniker belongs to either Nouriel Roubini or Marc Faber. To prove my point, Google "Dr. Doom" economics. I'm deleting that reference from the Wiki entry. —Preceding unsigned comment added by 76.102.9.187 (talk) 00:43, 17 August 2010 (UTC)

Calm down, get a drink of water, and don't get your panties in a bunch. :-) There is no copyright on the nickname, and it is simply a moniker. The two no-name guys you are talking about might have PhDs, but that doesn't matter in public perception. Dr. Evil didn't actually have a degree, neither did Dr. Strangelove or Dr. Octopus. But the nickname stuck anyway.--Screwball23 talk 19:43, 22 August 2010 (UTC)

Just want to point out that Nouriel Roubini is better known and far more influential that than Peter Schiff, and that he is the economist usually credited with accurately foreseeing how the housing bubble and following recession would play out. LK (talk) 03:38, 23 August 2010 (UTC)

I'm not into economics like that, and I'm not a big fan of all these forecaster types anyway. I will end the discussion with the simple fact that there can be more than one Dr. Doom and in any case, whether you agree with me or not, the moniker does not literally mean the person has a PhD. In other words, if the guy is nicknamed "Dr. Doom", all that means is his nickname is "Dr. Doom", not that he's a doctor or PhD. Aside from a few frustrated geeks on wikipedia, there is no one who will argue that Schiff can't have the nickname because he does not have a PhD. --Screwball23 talk 06:44, 23 August 2010 (UTC)

Regardless of any of this, all the article does is point out how he has been referred to by that moniker...and multiple citations are given to prove it. If this guy has a problem with Schiff being called that then he should take it up with the news media. Wikipedians didn't give Schiff that moniker, we just pointed out how he was called it. (And BTW...Henry Kaufman was called Dr. Doom before any of these guys.)

Also, Dr. Evil went to evil medical school when he was 18. He may very well have gotten his degree. Dr. Octopus certainly has a PhD...he was a well-respected nuclear physicist before he went crazy. --JohnDoe0007 (talk) 12:42, 23 August 2010 (UTC)

Actually, it was Michael Hudson who laid out the best analysis of the coming crisis in his 2006 Harper's article: The new road to serfdom: An illustrated guide to the coming real estate collapse WjtWeston (talk) 03:22, 2 January 2011 (UTC)

ORLY? I'll take Ron Paul's prepared remarks at the House Financial Services Committee hearing on Sept 10, 2003. And Dr. Paul's statement isn't behind a paywall. Musicmax (talk) 16:54, 30 September 2011 (UTC)

: Good for Ron Paul. That means he's predicted 13 of the last 2 market crises. — Preceding unsigned comment added by 161.221.87.4 (talk) 23:48, 25 May 2012 (UTC)

False info

"Schiff admits his economic views are not mainstream, and like the Austrian School, he makes judgments without a strict adherence to economic statistics." Schiff thinks that macroeconmics is BS, but he often mentions P/E, and agrees that you can use statistics to analyze a particular company. —Preceding unsigned comment added by 89.164.144.182 (talk) 15:56, 25 September 2010 (UTC)

Not an Economist

Peter Schiff holds a bachelor's degree in Finance & Accounting from University of California Berkley.

Peter Schiff is a business person, stock broker, and television commentator-- this article refers to him as an Economist. This is a falsehood.

His "field" is securities trading, not financial economics. I am told he does not even use analytics in his business.

He uses pre-conceived slogans with economic lingo and acts like the dollar will implode and the US is going under, going so far as to about US manufacturing ability despite all available data, simply so he can sell more foreign securities and gold. It's a great propaganda game he has going on.

In short: Peter Schiff is a fraud, and so is this article — Preceding

unsigned comment added by 75.130.100.98 (talk) 04:32, 19 February 2012 (UTC)

Edit in Economic Predictions Section

I edited out the phrase "a prediction that five years later has not proven correct" as this is an unsupported editor's opinion. The reference "3" is only to Schiff's book, not to an authoritative source of the dollar's value five years after the book was written. In fact, a simple inflation calculator online will show the last five years the dollar has lost nearly 11 percent of its purchasing value! 184.7.109.84 (talk) 16:45, 13 July 2012 (UTC)

I also edited the following price by removing the very last unsupported (provably false) sentence.

"On December 31, 2006 in a telecast debate on Fox News, Schiff forecast that "what's going to happen in 2007" is that "real estate prices are going to come crashing back down to Earth". This proved to be incorrect, as prices continued to rise throughout 2007."

In fact, every source I checked shows inflation adjusted real estate prices reversing their rise in mid 2006. It appears that Schiff was not so much making a prediction as stating what had already begun to happen. My sources:

184.7.109.84 (talk) 17:19, 13 July 2012 (UTC)

I agree, and can I add another source to yours? The US housing bubble peaked at the end of 2005:

Reinhart, Carmen M.; Rogoff, Kenneth S. (2009). This Time is Different: Eight Centuries of Financial Folly. New Jersey: Princeton University Press. p. 160 (see table 10.8). ISBN 978-0-691-14216-6.

Skirtsy 22:07, 3 August 2012 (UTC)

Someone without a copy of Crashproof continues to modify and remove information that is both relevant and verifiable trading it for conjecture and personal opinion. I propose that the economic predictions section of this article be locked once the following information has been corrected. "A prediction which 5 years later has proven "not" correct" <Not should be removed as with any level of understanding of theories presented in Crashproof by anyone who has actually read it and has compared these theories to M1 M2 and M3 metrics, the 2008 crash was real, is socially excepted and the evidence is concrete. I also propose that the following statement should be added back in as it is verifiable within the source noted at the end of the beginning statements before the link to reference . "has proven correct and was reinforced by a 30% increase in M1 in 2011 alone. The dollar, weighted against other currencies, has fallen about 30% in value relative to other currencies measured in the U.S. Dollar Index since 2001. All currencies in the USD Index are inflating, and therefore the USD Index should not be used as a measure of purchasing power for the dollar itself. Any claims that predictions of profound inflation are unsound are based upon logical fallacy and slanted fiscal policy metrics acquisition as described by Schiff’s theories presented in Crashproof."

98.240.175.13 (talk) 16:22, 3 August 2012 (UTC)

I agree. That's three editors. Nobody has dissented. I will remove the absurdly biased repeated statements that certain predictions "were not borne out". Imagine if every biography was written with such commentary.TheTimesAreAChanging (talk) 01:43, 7 August 2012 (UTC)

Criticism

An anonymous editor has claimed that there is not enough criticism of Schiff in this article, and has therefore attempted to add more via weasel words and unsourced commentary. He has not (yet) discussed his proposed changes here. I invite him to add reliable sources to the "criticism" section I've created. As a broader point, however, he should be aware that Misplaced Pages BLP policy is to describe the views of the subject in detail and to allow him/her to respond to all notable critiques. This can result in the biography appearing to be overly supportive--but only if you do not fully understand Misplaced Pages rules. After all, the Noam Chomsky article isn't endorsing its subject, either.TheTimesAreAChanging (talk) 19:57, 9 August 2012 (UTC)

Cite error: The named reference Kitco was invoked but never defined (see the help page).

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