Peter Schiff on Politics, Precious Metals and President Obama's Second TermSubmitted by bobbyw24 on Mon, 01/28/2013 - 07:55
The Daily Bell is pleased to present this exclusive interview with Peter Schiff.
Introduction: Peter Schiff is CEO of Euro Pacific Capital, Inc. and Euro Pacific Precious Metals, LLC. He is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, L.A. Times, Barron's, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, FOX Business, CNN, MSNBC and Fox News Channel, as well as hosting a daily radio show, The Peter Schiff Show. Mr. Schiff is also the author of several bestselling books, including: Crash Proof 2.0: How to Profit from the Economic Collapse and the illustrated parable, How an Economy Grows and Why It Crashes. His latest bestseller, The Real Crash: America's Coming Bankruptcy − How to Save Yourself and Your Country, was released in May 2012.
Daily Bell: Peter, thanks for sitting down again with us again. Please introduce yourself and your firm for those who don't know you.
Peter Schiff: My name is Peter Schiff. I have several companies; the largest one is Euro Pacific Capital and also in the US I have Euro Pacific Precious Metals.
Daily Bell: Talk about your father, who is now in jail as a tax protestor. How is he doing?
Peter Schiff: He's hanging in there. He's 84. He turns 85 next month. I think he's a political prisoner. He's in jail not because he really violated the law but because he represented a threat to the government's illegal collection of income taxes. So I think it's very unfortunate that my father is in jail and I think it says a lot about the character of our country when we can have a political prisoner.
Daily Bell: You ran for office, but it didn't work out. Are you finished with politics? What do you think of the political system?