 A Call to Action
Peter Schiff
Oct 12, 2009
Dear Friends,
Through my weekly commentaries, I have always tried to share
my honest insight into the behavior of markets and recommend
strategies to help people preserve their wealth. As investors,
many readers have benefited from my advice; but as Americans,
they are frustrated that they have to look abroad for decent
returns because Washington continues making a mess of things
at home. I am too.
As you may know, I have decided to run for U.S. Senate from my
home state of Connecticut. Although I'm certainly interested
in representing the interests of my home state, I also believe
that the outcome of this race will affect the entire country.
Though there were many important developments in world markets
this past week, please allow me this time to speak to
you about my candidacy and your role in it:
Make no mistake about it, winning a U.S. senate seat will not
be easy. First, I need to get through a highly contested Republican
primary featuring some very well-funded and high-profile opponents.
Then, I need to defeat a five-term incumbent Democrat who chairs
the Senate Banking Committee. Though Chris Dodd is unpopular
now, he has a lot of powerful friends, including President Obama,
and he certainly knows how to use incumbency to his advantage.
However, these are unique times, and politics-as-usual may no
longer secure the re-election of a skilled politician. Though
Dodd will try to turn my lack of political experience into a
liability, it is much more likely to be an asset in the current
climate. Conversely, Dodd's lack of private sector experience
raises questions about his ability [to] lead this country out
of an economic crisis, especially one that he and his buddies
in Washington created.
I have made a good life as a private citizen, but as the father
to a seven-year-old boy, I can no longer sit on the sidelines
while career politicians destroy my heritage and my son's future.
This is a pivotal time in American history, with the very character
of our civilization hanging in the balance. We need to make sure
the weight shifts back toward freedom. With your help, I will
do everything in my power to ensure such an outcome.
However - and I cannot stress this enough - I need your help.
If everyone reading this letter gets involved, I am confident
we can win. There are several ways you can help, but two in particular
stand out.
First and foremost, you can make a donation to my campaign at
www.schiffforsenate.com.
All donations will make a difference. As this will be an expensive
race, requiring as much as twenty million dollars to win, the
larger the donation, the more it will help.
The maximum allowed donation is $2,400 per person in the primary
and another $2,400 in the general election. However, both donations
may be made upfront, so $4,800 is the most one person can donate
today (married couples can donate a maximum of $9,600). If I
do not advance to the general election, the second $2,400 would
be refunded. However, since the primary is just a few months
before the general election, it helps to raise money for both
right now.
I realize that this is a lot of money to donate in a recession,
but large contributions from supporters like you are necessary
for me to win this election. Undoubtedly, checks of such size
qualify as a large sacrifice. But this is one election where
your contribution can truly make an impact.
Think about it: can you imagine the political waves that would
result from my arrival in the U.S. Senate? Unlike other newly-arrived
Senators, I would have no interest in playing ball in exchange
for cozy committee assignments or re-election funding. I would
arrive with one mission: telling the truth in the halls of power,
with a mandate the Beltway insiders could not ignore.
If I can win this Senate seat, it means no incumbent will be
safe. Those who do not follow my lead risk losing to others who
do. I'm not saying that my election will single-handedly change
the direction of the country, but it will certainly set the process
in motion.
To accomplish this, we have to act. I am willing to lead the
charge, but I need an army of support behind me. This is our
moment - to put upbeat headlines back on the newspapers, to leave
our children with opportunities instead of debt, and to restore
our country's best traditions by discarding the policies that
shattered them.
Of course, to raise an army, I need plenty of volunteers. I will
work tirelessly over the next year to spread our message, but
my real strength will be the thousands of dedicated supporters
who make this campaign their own. My plan is to utilize this
asset in a way that promises to shock my opponents and potentially
revolutionize modern political campaigning. So even if you cannot
donate much money, your time will be just as valuable. And even
if you can't travel to Connecticut, we can still use your help.
To donate either time or money, just go to my web site at www.schiffforsenate.com.
There you can either make a contribution, sign up to be a volunteer,
or both.
If you prefer to donate by check, please mail your contribution,
made payable to "Schiff for Senate," directly to my
campaign at: Schiff for Senate, P.O. Box 1134, Weston, CT 06883.
Thank you for your time and for sharing this message with your
friends and relatives. I'll see you on the campaign trail.
Regards,
Peter Schiff
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Oct 9, 2009
Peter Schiff
C.E.O. and Chief Global Strategist
Euro Pacific Capital, Inc.
1 800-727-7922
email: pschiff@europac.net
website: www.europac.net
Archives
 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.
321gold Ltd
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