Peter Schiff

He is married to Lauren Schiff and resides with his family in Puerto Rico. The couple has two children named Spencer and Preston.

In October 2015, he accused the Federal Bureau of Prisons for inhumanly treating his father, which led to his death in prison.

Peter David Schiff was born on March 23, 1963 in New Haven, Connecticut, USA into a middle class family. His father, Irwin, was the son of a Jewish immigrant from Poland, who served in the US Army during World War II.

His parents divorced when he was young and he was brought up with his brother by his mother who moved around till they finally settled down in Southern California. He credits his father for introducing him to the Austrian School of economic thought. His father was sentenced to 13 years imprisonment for tax evasion and died in prison in 2015.

Schiff completed his schooling from Beverly Hills High School and went on to do his Bachelor of Science degree, with a double major in Finance and Accounting, from the University of California, Berkeley in 1987.

Schiff started his financial career as a stockbroker with Shearson Lehman Brothers brokerage in the early 1990s. Within a period of five years, he acquired a sick brokerage firm with a partner and renamed it Euro Pacific Capital. The firm initially operated from a small office in Los Angeles and later relocated to Darien, Connecticut in 2005.

His firm has its current headquarters in Westport, Connecticut and has several branches in Arizona, Florida, California, Los Angeles and New York City. Its investment strategy focuses on long-term wealth savings in the face of a declining US dollar with emphasis on emerging market and commodity focused investments.

He founded the Euro Pacific Bank which operates on a full reserve basis and is licensed in St Vincent and the Grenadines. Euro Pacific Canada Inc is another of his companies based in Toronto which deals in brokerage services and capital market. Euro Pacific Asset Management was also founded by Schiff to manage mutual funds of his clients in the global market with a long term investment perspective.

Peter Schiff had strong views on the US economy and hosted a weekly radio show titled ‘The Wall Street Unspun’ from 2005 to 2010. He later hosted the ‘Peter Schiff Show’ on internet and terrestrial radio from 2010 to 2014 which covered a daily commentary on market activity, current events and economic philosophy. He also frequently appeared on CNBC and Fox News as an expert commentator on the US economy and wrote a number of books.

The Peter Schiff Gold News is a daily magazine that focuses on the prices of precious metals. He also has a regular video blog which reports on the market activity and contains clips of his various appearances.

His book ‘Cash Proof 2.0 : How to Profit from the Economic Collapse’, 2nd Edition, published in 2009, appeared on the New York Times and Wall Street Journal bestsellers lists.

His other books include ‘The Little Book of Bull Moves in Bear Markets’ (2008), ‘How an Economy Grows and Why it Crashes’ (2010) and ‘The Real Crash : America’s Coming Bankruptcy’ (2012).