Peter Schiff, of Euro Pacific Capital uses illustrations, humor and storytelling to explain economic and monetary concepts in his book, How and Economy Grows and Why it Crashes. The book uses parody and analogy to compare our current global economy with a small island economy based on fishing.

Most people think of assets as anything that can be readily converted to cash. Common possessions like cars, houses and electronics are often thought of as assets. In actuality, this couldn’t be any farther from the truth. Assets are things that generate positive cash flow and put money in your pocket.

Most books and financial advisers out there do a great job of pretending to predict future events after the fact. This isn’t the case for controversial market forecaster,  Peter Schiff of Euro Pacific Capital. In his book, Crash Proof 2.0: How to Profit From the Economic Collapse, the real estate and stock market crashes were [...]

Helicopter Ben has been steadily hovering over the United States throwing hoards of dollars at the so called credit crisis. We have all heard about the need for added liquidity into our financial system. However, few people realize the repercussions of cheap money