Peter Schiff Has a Terrible Track Record But Gets Daily Air Time from the Media

The main stars of America's financial trash TV are broken clocks and contrarian indicators who deliver the same sales pitch day after day, week after week, year after year. That is what salesmen do after all. 

Once they have been finally called out for being completely wrong for years, they fight back by changing their talking points to focus on trivial rants, such as when the Fed is going to taper or raise interest rates.

Keep in mind that these talking heads focus on this type of nonsense as a way to distract from their investment failures and lousy predictions.

 

Schiff couldn't even get this right. The guy is a complete failure, so why does the media promote him constantly?

 

Peter Schiff has become a very frequent participant in this media dog-and-pony show. Schiff receives interviews every day, and many times multiple times per day from every segment of the Jewish media, from CNBC and FBN, to Bloomberg.

He also gets quoted or discussed in in the Wall Street Journal, MarketWatch, Forbes, Fortune, The Financial Times, you name it.

Accordingly, Peter Schiff could be considered the male version of a "financial Kim Kardashian."

For anyone out there who isn't too bright, let me make sure you get the point. That was by no means a compliment. 

Think about it. Schiff runs a brokerage firm, Euro Pacific Capital.

So naturally one would expect him to discuss topics like compelling investment sectors and stocks, valuations, earnings, asset allocation strategies and so forth; you know, things competent financial professionals talk about. The same kinds of things an audience wants to hear about.

Even though he is really only a stock broker and not an analyst, he calls himself Euro Pacific Capital's chief global strategist. But this too is only a superficial designation.

In my professional view, Schiff is really a marketing strategist because that is how he spends the majority of his time. I state this with complete confidence because I have been noting Schiff's schedule for several years.

Regardless, surely Schiff has people to do "research" for him, letting him know what is going on, right?

Yet, he is constantly talking about trivial topics, like whether the Fed will raise rates over and over instead of talking about relevant issues.

Why might that be? 

Maybe, his research results are complete dog shit.

Once you carefully examine Schiff's track record as well as his record of investment performance and you will see why he has been focusing on trivial events instead of discussing investment and economic forecasts.

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

And when Schiff isn't talking about trivial, conspiracy-like topics, he is repeating his open-ended, chicken little rants, while directing the sheep to his completely useless, self-serving books.

The reason why Schiff focuses on these humpty-dumpty talking points is due to the miserable performance of his mutual funds and his previous track record in just about everything, which has been wrong.

 

 

 

 

 

 

 

 

 

Notice how the financial media always resembles a JEWISH WEDDING.

 

 

 

Schiff feels comfortable living out this fictional role as a guy who predicted the financial crisis since he receives support and credit for this inaccurate claim to fame from his Jewish tribesmen.

How can a financial adviser claim to have predicted the financial crisis, yet his clients ended up getting steamrolled during the financial crisis?

All one has to do is examine his 2007 book, Crash Proof and they will see why that book did little to protect readers from the crash.

In this regard, Schiff is not doing anything illegal because he knows better than to come out and claim he has a good track record or point to specific calls he made that materialized. It's the media that is commiting fraud by supporting this illusion about Schiff.

In the process of allowing air time to be wasted on his played out, broken clock, contrarian indicator sales pitch, the media continues to allow Schiff to present his worn out, open-ended, irresponsible predictions as if he actually has a great track record.

After he rants his predictable irrelevant broken clock lines, he then tells the sheep to buy his book.

After all, this is what Schiff's rants and scare tactics and appeareance are all about anyway; book sales!

Time to wake the hell up people!

Remember, this is the same man who keeps insisting hyperinflation is coming to the US, and has been making this ridiculous claim for close to ten years now.

Remember, this is the same man who keeps insisting that the US dollar is going to be worthless and has been saying this for nearly ten years now, despite the fact that the dollar has blown past 12-year highs.

Remember, this is the same man who has been insisting that investors stay out of the US stock market despite the huge gains it has made.

Remember, this is the same man who insists that gold is "real money" and that gold is headed to at least $5000 and probably $10,000. Yet, he wants your worthless dollars to trade for his gold?

Remember, this is the same man who insists that gold will preserve the value of your currency and he even marketed this Valcambi gold scam as a form of money and claimed that it would protect the value of your dollars!!

The instant you bought his Valcambi gold, you immediately lost 8% of the value of your currency due to commissions alone.

But that's the good news.

Ever since Schiff started selling the Valcambi gold dog shit, it has lost more than 30% due to the decline in gold alone. 

Once you add in the 8% fees charged by Schiff, you could be looking at a 38% loss.

Remember, that's from something Schiff marketed as a form of currency that he claimed held its value relative to the dollar.

 

 

 

 

Newsflash! 

 

If you feel for this shit, YOU'VE BEEN HAD!

 

 

Thus, it should be obvious to everyone with a decent memory and some common sense by now that Peter Schiff focuses on trivial talking points as a way to avoid providing specific forecasts because he knows that when has tried this in the past he has looked like a complete fool. 

 

More Misguided "Forecasts" from Peter Schiff

Is Peter Schiff REALLY Still Pimping the Euro?

Mike Stathis Educates Peter Schiff on Greece (excerpts)

VIDEO: Stathis Schools Peter Schiff in Economics

Mike Stathis Schools Peter Schiff on the Bankruptcy of Detroit

Mike Stathis Offers to Bet Peter Schiff Money that Hyperinflation Will Not Occur

Gold Charlatans Strike it Rich While Their Sheep Get Fleeced (Part 5)

VIDEO: More "Gold is Money" Brainwashing from Peter Schiff

Peter Schiff's Valcambi Gold Destroys Customers' Purchasing Power

Death by Media (Part 1)

The Nonsense from Schiff Continues

VIDEO: Is Peter Schiff Finally Backing Away from His Extremist Claims?

WARNING: Peter Schiff is CLUELESS

VIDEO: Peter Schiff Calls Himself a Buy-and-Hold Value Investor. I am Laughing My Ass Off

Yahoo Finance Hypocrites Criticize Doomsday Clowns

A Look at the Peter Schiff Radio Show

Peter Schiff Was Wrong: Taper Edition

An Important Message from Peter Schiff

CNBC Working with Wall Street to Take More of Your Money

Peter Schiff Exposes Porter Stansberry's False Claims to Make You Think He is Different

Gold Charlatans Strike it Rich While their Sheep Get Fleeced (Part 1)

How Does Peter Schiff Spend His Time?

The Con Game (Part 1)

Gold Charlatans Strike it Rich While Their Sheep Get Fleeced (Part 4)

Gold Charlatans Strike it Rich While their Sheep Get Fleeced (Part 3)

VIDEO: Peter Schiff is a Salesman, Nothing More, Nothing Less

Peter Schiff Continues to Prove He is CLUELESS

Peter Schiff Embarrasses Himself AGAIN With His Dog and Pony Rant and Horrendous Forecasts

Reminder about the Clowns Who Continue to Get Everything Wrong

Delusional Stockbroker Gets Called Out by Media Bimbo

Marketing Disguised as News: Meredith Whitney and Peter Schiff Exposed

Peter Schiff Exposed and the Truth About Gold

Mike Stathis Offers Advice to Peter Schiff's Clients and Points Out His Ridiculous Statements

Mike Stathis Offers to Show Peter Schiff How to Invest Successfully

Peter Schiff Using Amateur Bloggers to Write His Gold Propaganda

Peter Schiff Was Wrong

Even the Mentally Challenged Realize Peter Schiff is Clueless

Peter Schiff Is Too Stupid to Realize He Kept People Out of the Bull Market

Peter Schiff Wants More of Your Money

Yahoo Calls Peter Schiff a Charlatan in His Absence Then Promotes Him a Few Days Later

Peter Schiff: Wrong on the Economy, Wrong on Healthcare (Part 1)

Peter Schiff: Wrong on the Economy, Wrong on Healthcare (Part 2)

Peter Schiff: Wrong on the Economy, Wrong on Healthcare (Part 3)

 

It is a fact that Mike Stathis holds the leading investment forecasting track record in the world from 2006 to current.

Anyone who wants to state otherwise should attempt to submit proof. If they can prove their case they will receive $100,000 from Mike.

We aren’t even asking people to put up any money as a wager so there is NO RISK to anyone who wants to submit what they believe to be evidence refuting the FACT that Mike Stathis holds the world’s leading investment forecasting track record.

 

 

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Mike Stathis holds the best investment forecasting track record in the world since 2006.