Blast From the Past - Peter Schiff Was Wrong

Peter Schff receives more media exposure from the financial media than anyone else in the world. He calls himself a "chief global strategist" and is the CEO of a small brokerage firm and gold company.

So wouldn't you expect Schiff to be really accurate when it comes to his investment calls and investment-related commentraies?

Afterall, he is plastered all over the media on a daily basis, so he must be nailing things, right? 

Wrong. The facts speak for themselves. And the facts show that Peter Schiff has been wrong the vast majority of time about the vast majority of things. We have documented a great deal of his terrible track record in dozens of videos and articles we have published over the past several years.

Even when he tries to spin his terrible track record by telling you that gold is up in yen or some other currency terms (which is by the way an invalid argument), the fact is that Schiff has served only as an outstanding contrarian indicator.

Don't think Schiff is alone in being a clown. You see, the media designs its content this way in order to give its advertisers the best bang for buck.

As you can imagine, most of the advertisers in the financial media are financial firms, banks, insurance companies, mutual companies and precious metals dealers. Therefore, if the media aired unbiased credible experts who had established really good track records, the advertisers wouldn't pick up as much business, would they? 

As a consequence, the advertisers would no longer pony up the big bucks for ads, right? 

Finally, because the media is run completely by the Jewish Mafia and because they love to discriminate against those who are not Jewish, the media airs Jews as the source of this disinformation scam 95% of the time.

You see, the Jewish Mafia knows that most people are so stupid that they will believe those are interviewed are legit without adequately researching their credibility and track record. Acordingly, these stooges (most of which are Jewish) end up making enormous sums of money by pitching the books (all of which are completely useless), financial firms and so forth due to the constant promotion thet receive.

This brings up to a video Mike made a couple of years ago.

Do you remember this great video (below) Mike made in 2013?

Watch, take notes and check and see what happened since the gold pumping clowns made their ridiculous fear mongering claims.

Schiff has been issuing scare tactics about the dollar for years. Predictably, just as the dollar bottomed in 2011, Schiff was called for a big collapse.

Soon after the dollar mounted a huge multi-year rally which has pushed the dollar to 8-year highs. Once again, Schiff is a great contrarian indicator. 

In contrast, Schiff has been praising the euro for years. He even insisted that the dollar was in much worse shape than the euro and that people are no longer worried about the euro but instead they are worried about the dollar. He insisted that the euro bears have been wrong when the facts paint a different picture. Once again, Schiff is a great contrarian indicator.