Chief Economist & Global Strategist: Europac.com, Chairman: SchiffGold.com, Founder: EpacFunds.com , Host: SchiffRadio.com

Puerto Rico
Joined July 2009
America was founded by rugged individuals who created government to secure their rights and leave them alone. Americans today want government to violate other people's rights, steal their stuff, and give it to them. The home of the free has become the land of the freeloader.
2,560
4,604
486
21,448
The America that exists today is nothing like the America of 80 years ago, when the Imperial Japanese Navy bombed #PearlHarbor. We were a mighty industrial nation, able to convert our civilian manufacturing capacity to wartime production and finance it using our domestic savings.
146
112
14
1,069
How long before investors realize that even if the #Fed follows through with its #inflation fighting plan to taper QE and raise interest rates slightly in 2022, that it'll be too little too late to derail this inflation juggernaut? If #Powell doesn't get medieval, inflation will!
151
90
9
818
U.S. Q3 productivity fell 5.2%, the biggest quarterly drop in 62 years, as unit labor costs surged 9.6%. Rising labor productivity is the only way real wages can rise. Nominal wage gains will lag far behind soaring consumer prices. The worst #inflation in U.S. history has begun!
101
264
46
1,207
Don't miss my live debate later today with Harry Dent. We agree on the problems, but disagree on how best to prepare. I'm in the #inflation camp, while Harry insists #deflation is the threat. Decide for yourself. Secure your place to watch the debate here: gokogroup.com/hvp/?orid=1821…
41
25
1
186
Explain how #Bitcoin is a better store of value than #gold. Bitcoin is currently trading 30% below its Nov. high. Gold on the other hand is only 5% below its Nov. high. Now 5% may be a large drop in one month, but at least gold held up better than the #NASDAQ, which is off 7%.
2,110
164
189
1,902
Bitcoin pumpers claim that #Bitcoin is a better store of value than #gold because it's price has risen more than gold's price. By that logic #Ethereum is a better store of value than Bitcoin. If Bitcoin is gold 2.0 then Ether is Bitcoin 2.0. Has Ether already disrupted Bitcoin?
2,339
1,019
361
6,912
TWEET 2: Don't miss my upcoming debate with Harry Dent. We agree on the problems, but disagree on how best to prepare. I'm in the #inflation camp, while Harry insists deflation is the threat. Decide for yourself. Secure your place to watch the debate here: petervharry.com
90
27
2
367
Those of you who considered this tweet to be a buy signal and bought more #Bitcoin as a result are not looking too good right now, especially if you borrowed the money to buy!
203
37
17
541
Show this thread
Peter Schiff retweeted
He wanted to pose in front of the #Bitcoin art piece 🧡 @PeterSchiff secretly loves BTC…
453
197
50
4,357
If you're at Art Basel come join me now at my friend Market Price's exhibit. He even has a #Bitcoin piece on display.
62
17
5
317