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Operation Atlantis was a project started by Werner Stiefel in 1968 aiming to establish a new, libertarian nation in international waters. [ 1] The operation launched a ferro-cement boat on the Hudson River in December 1971 and piloted it to an area near the Bahamas. Upon reaching its destination, it sank in a hurricane. [ 2]
Schiff's warnings of a coming economic collapse earned him the moniker "Dr. Doom", [15] [41] [42] [43] A YouTube fan video, "Peter Schiff was right," became popular in late 2008 and 2009. [ 44 ] [ 45 ] It contained a compilation of his appearances on various financial TV news programs between 2005 and 2007.
Schiff claimed the OCIF actions were due to the allegations by 60 Minutes Australia, The Age newspaper, and the subsequent investigations, saying, "There was no way those allegations were true, but once those stories broke, the bank's business imploded". Operation Atlantis yielded no charges of money laundering or any other illegal activity.
Schiff, who runs Euro Pacific Capital, strongly disagrees with this perspective. “A house depletes your savings. It's a money pit,” he stated bluntly. “It's crazy the amount of money that a ...
Schiff is predicting a phenomenon known as “de-dollarization” — when countries shift away from the greenback as a reserve currency, medium of exchange or unit of account.
Schiff is predicting a phenomenon known as “de-dollarization” — when countries shift away from the greenback as a reserve currency, medium of exchange or unit of account.
ISBN. 047052670X. How an Economy Grows and Why it Crashes (2010) is an illustrated book on various economic topics by Peter Schiff and Andrew Schiff. The book allegorically explores such topics as inflation, deficit spending, central banking, international trade, and the housing bubble and 2007–2008 financial crisis.
The German auxiliary cruiser Atlantis (HSK 2), known to the Kriegsmarine as Schiff 16 and to the Royal Navy as Raider-C, was a converted German Hilfskreuzer (auxiliary cruiser), or merchant or commerce raider of the Kriegsmarine, which, in World War II, travelled more than 161,000 km (100,000 mi) in 602 days, and sank or captured 22 ships with a combined tonnage of 144,384.