[Editor's Note: Peter D. Schiff, Euro Pacific Capital Inc.’s president and chief global strategist, is a well-known author and commentator, and is a periodic contributor to Money Morning. Schiff is the author of two New York Times best sellers: “Crash Proof: How to Profit from the Coming Economic Collapse,” as well as “The Little Book of Bull Moves in Bear Markets.” For a more-detailed look at the United States’ ongoing financial problems – and for some strategies that will help you protect your wealth and preserve your purchasing power before it’s too late – download EuroPac’s brand-new free special report, “Peter Schiff’s Five Favorite Investment Choices for the Next Five Years.” After one of the most-torrid rebounds on record this spring, U.S. stocks have stalled – once forcing investors to make important decisions against a backdrop of intense uncertainty. However, a …

By Peter D. Schiff
Guest Columnist
Money Morning

[Editor’s Note: Peter D. Schiff, Euro Pacific Capital Inc.’s president and chief global strategist, is a well-known author and commentator, and is a periodic contributor to Money Morning. Schiff is the author of two New York Times best sellers: “Crash Proof: How to Profit from the Coming Economic Collapse,” as well as ““The Little Book of Bull Moves in Bear Markets” .” For a more-detailed look at our ongoing financial problems – and for some strategies that will help you protect your wealth and preserve your purchasing power before it’s too late – download EuroPac’s brand-new free special report, “Peter Schiff’s Five Favorite Investment Choices for the Next Five Years.”

Is it a new bull market, or just a bear-market rally that’s going to separate investors from the last of their cash? For the shrewdest investors, …

By Peter D. Schiff
Guest Columnist
Money Morning

[Editor’s Note: Peter D. Schiff, Euro Pacific Capital Inc.’s president and chief global strategist, is a well-known author and commentator, and is a periodic contributor to Money Morning. Schiff is the author of two New York Times best sellers: “The Little Book of Bull Moves in Bear Markets,” and “How to Profit from the Coming Economic Collapse.” For a more-detailed analysis of the nation’s financial problems, and the inherent dangers that these problems pose for both the U.S. economy and for dollar-denominated investments, click here to download Euro Pacific’s new financial-research report, “The Collapsing Dollar: The Powerful Case for Investing in Foreign Securities.”

In the midst of an ongoing financial crisis that’s eradicated trillions of dollars in shareholder wealth, the profit search facing U.S. investors is tougher than ever. The uncertainty surrounding the economic-stimulus and …

There is nearly universal agreement that the opening salvo of the Obama administration’s campaign to restore health to the financial system, delivered last week by new U.S. Treasury Secretary Timothy F. Geithner, fell with a loud and ugly thud. The most common criticism is that the announcement was short on detail. What is abundantly clear, however, is that the new administration intends to push spending back up to pre-crash levels and to fill the entire credit void that has disappeared into the black hole of the U.S. financial system. Whether or not the prior levels of spending and lending were justified by market conditions then, or now, appears to be largely unexamined. In the worldview of Geithner, and other like-minded economists, credit, rather than savings, is the central figure in the economic equation. Therefore, the new Treasury secretary sees anything that ...

Why We Should Take a Solutions Approach to the Crisis and Look at Some Things DifferentlyBy Peter Schiff, President of Euro Pacific Capital, Inc. Author of The Little Book of Bull Moves in Bear MarketsI don't think we're going to see any light at the end of the tunnel until we have a clear, objective understanding of how we got into this mess in the first place. There is a tendency whenever major problems occur in the economy to place blame on external factors and to assume that the external factors can be prevented from causing similar problems in the future by expanding the government's regulatory powers. The problem I have with this kind of thinking is that it makes government bigger and more intrusive without ever getting at the root of the problem, which is usually the government ...

Peter Schiff, president of Euro Pacific Capital Inc. and disciple of Austrian School economics, says “a major, major crisis is coming,” thanks to the government’s attempts to ‘fix’ the economy with giant bailouts.

In fact, Schiff, a well-known dollar bear, says the result of the government bailout packages and an Obama administration will be the total destruction of the dollar.

Watch it below.

By Peter D. Schiff Guest Columnist In football, when a running back intends to cut to the left, he often first fakes right.  This move is designed to make the defense commit its resources in the wrong direction.  It is my experience that markets often follow a similar path. Just prior to a major move in one direction, markets often make a sharp move in the opposite direction first. With respect to the dollar, gold, oil and other commodities, many on Wall Street have bought into the fake – and will soon be watching in amazement as the runner sprints to the end zone. Over the last few months, as the dollar rose more than 10% against a basket of other currencies – and as gold and oil sank to multi-month lows – many investors concluded that a threshold had been crossed, and that ...

By Peter D. Schiff Guest Columnist Economists, who now see American troubles spreading around the world are predicting that foreign central banks will ignore the gathering inflation threat and follow the U.S. Federal Reserve down the rate-cutting path. Similarly, they argue that since the downturn began here, the recovery of the U.S. economy will likely be under way while the rest of world is still decelerating. These assumptions have prompted a recent rally in the U.S. dollar, and an accompanying sell-off in gold, commodities and foreign stocks, and have cast doubts on the ability of foreign economies to economically "decouple" from the United States. But investors should not take the bait. America and the U.S. economy does, indeed, pose a global threat, but not for the reasons these economists suppose.  Foreign economies are suffering not because American consumers have slowed their voracious spending, ...