LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek Radio: Dr. Chris Martenson & Bob Hoye
By: Chris Waltzek Ph.D., GoldSeek Radio

Gold’s Century
By: Michael J. Kosares, USA Gold

What Gets Measures Gets Improved
By: Keith Weiner, Monetary Metals

SWOT Analysis: Central Banks Continue to Show Their Love for Gold
By: Frank Holmes, US Funds

You Will Be Surprised At The Real Reason Gold Has Rallied
By: Avi Gilburt

Very Important Week for Gold: Where Is the Price Heading?
By: SRSrocco

Precious Metals Update Video: What a great week for Gold Bulls
By: Ira Epstein

A Precise Forecast for the Dow
By: Rick Ackerman, Rick's Picks

COT Gold, Silver and US Dollar Index Report - June 21, 2019
By: GoldSeek.com

Why are central banks buying gold and dumping dollars?
By: Richard (Rick) Mills

 
Search

GoldSeek Web

 
Buying Bitcoin Is Like Buying Air

By: Peter Schiff

 -- Published: Friday, 14 September 2018 | Print  | Disqus 

On Sesame Street they teach the basics: how to count, how to spell, and how to make good decisions. Through a slight alteration of a classic 3 minute bit with Ernie (Burt's easy going roommate), well known economist Peter Schiff teaches a valuable lesson about the perils of slick salesmanship and trading away money for nothing. In the original sketch, Ernie is scammed into buying air in a bottle by Lefty, the neighborhood con-puppet. Peter re-released the clip with one important change - he substitutes the word "air" for "bitcoin." The result is a hilarious and pot-stirring perspective that's sure to get people talking and who knows, maybe even thinking. Bitcoin enthusiasts will object that air and bitcoin are fundamentally different. Try explaining that to Ernie.

Best Selling author Peter Schiff is the Chief Economist and Global Strategist of Euro Pacific Capital. His podcasts are available on The Peter Schiff Channel on YouTube.

 


| Digg This Article
 -- Published: Friday, 14 September 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus - Peter Schiff C.E.O. and Chief Global Strategist


Euro Pacific Capital, Inc.
10 Corbin Drive, Suite B
Darien, Ct. 06840
800-727-7922
www.europac.net
schiff@europac.net


Mr. Schiff is one of the few non-biased investment advisors (not committed solely to the short side of the market) to have correctly called the current bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on the U.S. stock market, commodities, gold and the dollar, he is becoming increasingly more renowned. He has been quoted in many of the nation's leading newspapers, including The Wall Street Journal, Barron's, Investor's Business Daily, The Financial Times, The New York Times, The Los Angeles Times, The Washington Post, The Chicago Tribune, The Dallas Morning News, The Miami Herald, The San Francisco Chronicle, The Atlanta Journal-Constitution, The Arizona Republic, The Philadelphia Inquirer, and the Christian Science Monitor, and has appeared on CNBC, CNNfn., and Bloomberg. In addition, his views are frequently quoted locally in the Orange County Register.

Mr. Schiff began his investment career as a financial consultant with Shearson Lehman Brothers, after having earned a degree in finance and accounting from U.C. Berkley in 1987. A financial professional for seventeen years he joined Euro Pacific in 1996 and has served as its President since January 2000. An expert on money, economic theory, and international investing, he is a highly recommended broker by many of the nation's financial newsletters and advisory services.




 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.