Video: Peter Schiff: Why the Meltdown Should Have Surprised No One (2009)

Peter Schiff: Why the Meltdown Should Have Surprised No One

Henry Hazlitt Memorial lecture

March 13, 2009



The 2009 Henry Hazlitt Memorial Lecture, presented by Peter Schiff. Recorded at the annual Austrian Scholars Conference, Ludwig von Mises Institute, 13 March 2009.

Peter Schiff

Peter David Schiff (born March 23, 1963) is an American stock broker, economist, author, commentator and popular video blogger who regularly appears on numerous financial news networks. Schiff is the president of Euro Pacific Capital, a brokerage firm founded in 1980 and later reincorporated in 1996, now headquartered in Westport, Connecticut.



Schiff is widely known for his genuine counterview of economic and social policies. He was an economic adviser for Ron Paul's campaign in the 2008 Republican Party primaries, through which he expressed support for sound money, limited government, and free-market capitalism. Schiff was influenced by his father Irwin Schiff's libertarian ethos and fiscally conservative views, becoming a vocal supporter of the Austrian School of Economics and the Ludwig von Mises Institute.



Schiff began his career in brokerage with Shearson Lehman Brothers.[4] 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 2005, 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.[5]



The company retains an office in Newport Beach, California as well as in Scottsdale, Arizona, Palm Beach, Florida, Los Angeles and Manhattan.



Euro Pacific Capital typically recommends an investment strategy which accords with Schiff's view of the U.S. economy, focusing heavily on non-U.S. stocks and precious metals, specifically gold and silver.



Euro Pacific Capital holds the exclusive rights to broker certain Perth Mint gold products in the United States.



Schiff makes frequent appearances on television shows.[6] He also has his own internet radio broadcast,[7] and has appeared on Jim Puplava's internet radio show numerous times.



Source: http://en.wikipedia.org/wiki/Peter_Schiff