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Credit Card Debt: New investors losing money with Euro Pacific Capital?

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    A couple of recent comments from my readers prompted me to start this category on Peter Schiff and his investment firm Euro Pacific Capital. Here's the recent comments..

    "I’ve also read Peter Schiff’s book and seen him on the financial networks many times. I think he probably is on the right track in his thinking (long range). I moved about $60,000 to EuroPacific five months ago and with their “professional advice”, divided the money into five investments. In this short time, I have lost $16,000! I’m very happy that I didn’t move more and that most of my assets are in real estate. I know he thinks property is overvalued, at this time, but at least I can see, touch, manage it myself. I don’t have any faith in the stock market - US or international."

    and here's the other one..

    "As like La Rue I also invested in Schriff’s Euro Pacific about 6 months ago and have lost heavily (34.27%) .. so here’s my question, has anyone NOT lost money investing with this outfit?"

    source: http://debtprison.net/wordpress/66/dave-ramsey-peter-schiff-and-decline-of-us-economy/

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