Whether you agree with his theories or not, you can’t deny that he has made a windfall as a TV personality, author, podcast host, chairman of precious metals dealer SchiffGold.
The name Peter Schiff is impossible to separate from the moniker “Dr. Doom.” For years before the 2008 stock market crash, he preached economic collapse and was often ridiculed.
In an August 2006 interview, Schiff said, “The United States is like the Titanic, and I am here with the lifeboat trying to get people to leave the ship.
In the 20+ years his brokerage firm, Euro Pacific Capital, Schiff has amassed a fortune. He founded a full reserve bank, Euro Pacific Bank, which operates in the Granadines and St. Vincent.
Schiff brings in more gravy as the author of six books, all of which deal with the threat of an imminent crash in the U.S. economy and how investors should prepare.