Making terrible predictions, recommending stocks that collapse, being wrong up to 95% of the time on economics, while continuing to demonstrate very little if any value as a financial adviser may not be reason for sanction by FINRA or the SEC. But after watching this video, you might be wondering how in the hell Peter Schiff is still allowed to be licensed as a financial adviser.

Despite Schiff’s relentless efforts to keep his (useless) radio show going, he has announced it’s coming to a close soon. The reason why Schiff couldn’t cut it on radio despite having received more promotion through the financial media than anyone I know of, is due to the following reasons: He would never let anyone who might have disagreed with him speak He interviewed hacks, airheads and lackeys He provided no real substance His talking points were recycled day in and day out, just like his media interviews He isn’t an interesting or thought provoking guy He mostly talked about stupid crap like Travon Martin or soap opera BS regarding what the Fed is considering He rarely talked about investments (perhaps because he feared it would hurt him more than...

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's what salesmen do after all.      Once they've 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. And their cult member following always fall for this tactic. 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?   On the t...

In this audio, Mike Stathis tells the truth about Greece while setting the record straight regarding Peter Schiff’s (predictable) ridiculously inaccurate statements and establishment-endorsed propaganda. As you listen to excerpts of this uncut and unrehearsed speech, you’re getting the insights from a man who foresaw the problems with the European Union many years ago, as well as the unique insights only a Greek person would know.

Do you remember when Peter Schiff was telling millions of sheep that the US will encounter hyperinflation so they needed to exchange their dollars for "safe currencies" like the euro? We all saw what happened to the US dollar versus the euro.         And hyperinflation never even came close to hitting the US, just as I predicted several years ago.  Don't Bet On Hyperinflation Peter Schiff: Wrong On The Economy, Wrong On Healthcare (Part 1) Why Hyperinflation Isn't Coming To The U.S. Dismantling John Williams' Hyperinflation Predictions   Ironically, hyperinflation has however reached one of Schiff's main areas he recommends to invest in - Latin America! Unfortunately for Schiff and his sheep, Euro Pacific Capital's Latin Ame...

The more I hear Schiff's delusional and ridiculous sale pitch, the more I am becoming convinced that he has lost his marbles, but that might well represent the best of all scenarios. The alternative conclusion would be that he is blatantly lying to his sheep audience in order to manipulate gold and brainwash low-IQ investors into believing his ridiculous claims, despite the fact that he has been mostly wrong for several years now, whether we are talking about his forecasts for the US dollar or individual stock picks, Schiff’s track record has been a huge embarrassment. The problem is that there are many of his sheep clients who still have no idea that Schiff’s extremist ideas and misstatements represent a potential detriment to their investment returns. The facts don...

Schiff claims to be a value investor.  The funny thing about that is he recommends something that has no real value - GOLD!  In addition, unlike model value investors, Schiff does not seem to focus much on risk mitigation.   Finally, Schiff's investment strategy is buy-and-hold. What a disaster. Let's take a look at some of Schiff's value investment recommendations.

The definitive video that shows just how wrong Schiff has been.

Mike Stathis' $1 million Challenge Can Anyone Match Mike Stathis' Track Record and Insights?     As funny as the following video is, we cannot forget that Peter Schiff is nothing more than a broken clock, fear-mongering salesman pitching...

The lesson of the day points to the first image below, taken from a recent propaganda piece written by Schiff or one of his monkeys. 

In the video, Mike educates Peter Schiff on the economics and risks in China, the realities about Social Security, and advises clients of Euro Pacific Capital to pull their funds ASAP because Schiff has no idea what he is talking about.   This is a reminder that we just released a video presentation that updates our precious metal and commodities forecast from August. You can find more information about this 1-hour long video presentation here.      

Lesson #5: Extremists are Always Useless and Often Dangerous Certainly, President Obama is not going about things in a manner I would advise. But Peter, you cannot use his extremist approach (or I should say that of Larry Summers and others who are really running the show) to validate your own extremist views of the “dangers” of prudent and accountable regulation; something the United States has not had in decades.  It appears as if Mr. Schiff possesses the same flaw as many others who sometimes hit the target after countless years of shooting. In the meantime, they miss out on many years of easy money. What’s worse, once they finally hit the target, they never hit the bulls-eye due to their persistently extreme views which are centered more on sales and mar...

This claim has drastic implications for Schiff, the media and everyone who pays attention to the media.    

I normally don’t bother myself with reading personal views pumped out throughout the Internet. But I came across one of Peter Schiff’s pitches demonstrating just how off the mark he remains. So I felt compelled to address his misguided opinions; not only because he is wrong, but also because he has been inducted into the deceitful media club. And he has used this venue as a manner by which to sway political and economic opinion. Have a look.

For those of you who are not yet familiar with who I am, my name is Mike Stathis. I am the world's top investment strategist and investment forecaster and I have the published track record to prove it. This is a fact that remains unchallenged despite backing it with a $100,000 prize (recently raised to a wager of $500,000 with 2-to-1 odds so that if you win, you receive $1,000,000; details forthcoming) for the person who can prove otherwise (see the end of this article for some of my track record). Naysayers who are not familiar with me or my published track record might be thinking that it seems impossible that they have never heard of someone who claims to be the world's the leading investment strategist. Those who are familiar with me realize that I was banned long ago by...

Schiff is rarely matched up against anyone other than a yes man. There have been a few times when he has been put in his place. This is one of them. Mike provides some critical commentary in this video.

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Last year I exposed the chumps at Casey Research, utilizing Jeff Clark as a prime example of the kinds of clowns you see in the financial publishing industry. Clark is the firm's chief precious metals analyst.  See here. Recently I also discussed how Casey has created this wave of doomsday propaganda in order to fool naive Americans into thinking that relocating to South America would provide an "escape" from the "imminent disaster" brewing in to United States. See here. The huge wave of doomsday, gold-pumping con men are all the same. They are the ones fleecing millions of would-be investors, using myths, lies, ridiculous claims and psychological tactics in order to take money from their naive victims. Of course, the underlying problem which has made all of this exploit...

After having monitored and documented Peter Schiff's media appearances for more than fifteen years, I have accumulated extensive evidence pointing to Schiff as a broken clock and fear-mongering huckster who scares people into making terrible investment decisions using an arsenal of ridiculous rhetoric and bad investment advice.  But of course, Schiff would not be able to reach millions of people if it weren't for the financial media which provides him with unfettered access to main street. This points to another critical issue which I have addressed for many years.  Top Expert on 2008 Financial Crisis, Mike Stathis Analyzes 2023 Banking Crisis I have devoted a remarkable about of time, effort and energy towards exposing Schiff's disinformation and fear-mongering tactics in ord...

Everywhere you turn, it seems as if the media is feeding you with “experts” who have the next great call to make. Whether from the print or broadcast media, they always position their hand-picked salesmen and Monday morning quarterbacks as “experts.” But are they REALLY experts?  Do they have track records that back up this claim? Do real experts spend almost all of their time in marketing activities, or are they grinding things out trying to sort out what is going on? After answering these questions, it should be obvious why these clowns are nothing more than a broken record, spewing the same generic lines over and over for years. These are the same men who have been disastrously wrong. But the media will never point this out because it would dimin...