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In 2006, Peter Schiff Predicted This Financial Crisis

Source: http://www.contrarianprofits.com
Posted on Wednesday, October 1st, 2008 | In Market Commentary
Contributed by: Aaron Katsman (http://israelnewsletter.com/) -

Hank Paulson, Ben Bernanke and George Bush all claim they didn’t see the financial crisis coming. Over and over again they claim it blindsided them. It didn’t blindside Peter Schiff. He warned about it back in 2006.

Peter is the president of Euro Pacific Capital, a brokerage firm based in Darien, Connecticut. He’s also follows the Austrian School of Economics.

Take a look at this clip of Peter on CNBC’s Kudlow & Company from August, 28, 2006.

Last 5 posts by Aaron Katsman





About Aaron Katsman (http://israelnewsletter.com/)
Aaron is a managing director and the senior portfolio manager of America Israel Investment Associates, Israel Growth Portfolio (www.israelgrowth.com) where he manages a portfolio of Israeli stocks that trade in the US. He is also president of the Global Investments for Profile Investments. Aaron is a frequent contributor to StraightStocks.com, focusing on Israeli stocks. He was a founder and managed the private banking group for Citigroup in Israel for three and a half years. From 1999-2001, he was a senior analyst at a leading Israeli venture capital fund, where he gained an intimate working knowledge of the Israeli hi-tech scene. Aaron holds a B.A. in Political Science from Yeshiva University in New York. He is licensed as an investment advisor by the Israel Securities Authority and holds NASD series 7, 63, 65 in the US.

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