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Peter Schiff Goes to Puerto Rico

ker
April 10, 2014

Peter Schiff shares how he is taking advantage of the enormous tax benefits of Puerto Rico by moving his business, and eventually himself, to the island.

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Discussion
18 Comments
    Apr 10, 2014 10:57 AM

    I considered a move there, but did not so choose because of crime level.

    NY Post article on IEX exchange:
    http://nypost.com/2014/04/07/flash-boys-iex-trading-system-looks-to-become-full-exchange/

    Which can be directed use by using Interactive Brokers, which is a discount brokerage firm.
    I personally use Scottrade and Fidelity and one European brokerage, but use limit orders only. (I am not particularly happy with any of my brokers, because execution is not very good.
    It is essential in my opinion to use level II, but unfortunately little HFT shows up on level II.

    Apr 10, 2014 10:21 AM

    Peter Schiff is a bigmouth. I bet he will never move to Puerto Rico.

      bb
      Apr 10, 2014 10:11 AM

      I think he will, and I think his reasoning is pretty smart.
      I think if a guy could make his living with the internet why not?
      Probly everything you need there, add a 60-120 ft boat and single girls from all over the world would be visiting.
      Not a bad way to spend a lifetime.

      Apr 10, 2014 10:22 AM

      Yes, I believe he will go. He was one of the first to predict the housing bubble and sold in Newport beach home just prior to the top, It later was valued at several million dollars less then he sold it for. I personally disagreed with his call as it was contrary to all others.

    CFS
    Apr 10, 2014 10:23 AM

    Big Al, You also need to discuss how the Devil Incarnate is using the EPA to destroy the USA.

    Looking from outside the country it is incredible to me that there is not already a revolution started.
    The Marxist scumbag is destroying everything he can by stroke of the pen.
    The central valley of California will turn into a desert at this rate.
    Forget about mining anything in the US in a few years.
    Expect brown-outs to start next year.
    And the press is silent!

    I watched the Attorney General’s open insults at his oversight Committee in utter amazement a few days ago. I am totally confounded by partisan political destruction of oversight. The Senate Oversight Committee has not been able to get any documents out of the Attorney General regarding “Fast and Furious” and the A.G. just insults the Committee when asked again, with complete impunity.
    The A.,G. is supporting terrorism….and covered by the scumbag in the whitehouse.

    Apr 10, 2014 10:33 AM

    I have to give credit to the two guys from the Casey group for walking their talk. That whole Casey Group is slowly exiting the Peoples Republic of Vermont. I am too old to move, so just “prep in place” down here in Arizona. Best wishes to all as our Republic enters it’s last phase.

      Gil
      Apr 10, 2014 10:13 PM

      Where are you in Arizona ?

        Apr 10, 2014 10:46 PM

        Saddlebrooke, north of Tucson.

    CFS
    Apr 10, 2014 10:44 AM

    Big Al, accept my apologies for my use of marginal english. I deeply respect the Office of the Presidency and the US Constitution , but detest Marxist Totalitarianism.
    I am deeply saddened by the death of a Great Country, and the loss of its beacon to the world.

    Apr 10, 2014 10:30 AM

    Wish the presstitutes would have the balls to interview that idiot Obama on what he thinks of what Peurto Rico is doing.

    Apr 11, 2014 11:12 AM

    Peurto Rico eh? Hmmmm. Good catch.