Euro Pacific Asset Management Reviews (2025)

Review:  I don’t believe it’s solely about selling gold. Considering all the quantitative easing and economic manipulation the Fed has been conducting since the Global Financial Crisis, Peter’s analysis over the past 15 years kind of adds up and seems credible. However, many of the events he predicted haven’t actually occurred yet. Sure, there was high inflation last year, but I’m pretty certain he’s been forecasting much more dire situations. I think he’s simply been wrong. I don’t believe he has any malicious intent in selling gold or anything else; I just think his predictions have been off.

Review:  Just abysmal returns. This guy is a con artist as everyone else has said.

Review:  I was never a client of Euro Pacific Capital, but I investigated Peter Schiff and his company. I spoke to several financial advisers of this firm. They repeat the same trash Schiff speaks. I checked the performance of Schiff's mutual funds and they are all terrible! And I listened for many years to Peter Schiff's doom and gloom lines. None of the things he predicted came true after 20 years. In my opinion, Peter Schiff is a total con artist, liar and fraud. He scares people to send him money to buy gold, gold and oil penny stocks, foreign stocks, and trashy private placements, most of which appear to be really terrible investments. In the meantime, you miss out on huge US stock market gains. If you think I'm worng, check the performance of his Schiff's mutual funds (EPVIX, EPDIX, EPBIX, EPGIX and EPEIX) versus the S&P 500 and you will see that Schiff has no idea about investing. And then listen to the nonsense he speaks and you will realize he is a complete con artist. If you want to lose money, send it to this firm.

Review:  I was never a client of Euro Pacific Capital, but I investigated Peter Schiff and his company. I spoke to several financial advisers of this firm. They repeat the same trash Schiff speaks. I checked the performance of Schiff's mutual funds and they are all terrible! And I listened for many years to Peter Schiff's doom and gloom lines. None of the things he predicted came true after 20 years. In my opinion, Peter Schiff is a total con artist, liar and fraud. He scares people to send him money to buy gold, gold and oil penny stocks, foreign stocks, and trashy private placements, most of which appear to be really terrible investments. In the meantime, you miss out on huge US stock market gains. If you think I'm worng, check the performance of his Schiff's mutual funds (EPVIX, EPDIX, EPBIX, EPGIX and EPEIX) versus the S&P 500 and you will see that Schiff has no idea about investing. And then listen to the nonsense he speaks and you will realize he is a complete con artist. If you want to lose money, send it to this firm.

Review:  Had to have a company try to save what EPC did not steal or mismanage. There was not much left of that 900k they started with.

Review:  I read his book Crash Proof which had a lot of pretty good insights in it. Moved all my IRAs to EuroPac Capital in 2008 right around when the crash he predicted happened. However, my Europac overseas holdings were not crash proof. They went down just like everything else. Then, after the market debacle, my Europac overseas holdings did not participate in the insane US stock market recovery. After sitting on the sidelines for a couple of years I moved all my holdings from Europac to a traditional wealth management firm and have been very pleased with the results. However, it was a pain getting my money away from Europac's clutches. Schiff actually called me personally multiple times on my phone during the process to pressure me to not pull my assests away from Europac.

Review:  Euro Pacific Precious Metals, INC. made it a nightmare for me to liquidate my Precious Metals Certificate Program (PMCP) account. I had to struggle to meet all the documentation requirements to liquidate. There were no directions or examples to guide me along. All I was provided were three or four lines of cryptic directions in an email lacking any salutation or politeness. I finally got my funds out of their hands but it took me a week, after four or five trial submissions of paperwork. The overall learning curve for me, an amateur gold investor, was months in length before I cracked the code on how to get my money back.
The directions are provided via email, after request, by their representative, Ms. Danielle Psarras. I submitted the paperwork three or four times according to her specified requirements. She would reject it each time, stating it had to be done slightly differently. For example, she demanded that I merge the information from two letters into one, but say the exact same thing. Just busywork, no rational reason for the different formatting.
As I said, Euro Pacific Precious Metals does not provide the investor with any examples of the required documentation. They provide one point of contact, who gives you a general idea of what she wants, leaving you with instructions which are subject to wide interpretation. You might need a secretary and/or an accountant to liquidate your account if you are a busy person.
Others complaints on this website claim the investor lost money or just broke even. I had a stock portfolio for about ten years; I held gold certificates for about the same timeframe. I barely broke even in both cases. But I'm not mad about that - I don't claim they cheated me. I am writing this complaint because I just want to get away from this company! If you are older you might not have the ability to go thru all the hassle (eight different files containing various information you will have to create yourself!) to get your funds back when you need the money for living costs.
Skip the gold certificates program they offer and put your gold dollars in a mutual fund, perhaps even the fund they offer if don't mind their high sales loads.

Review:  After researching Peter Schiff and his claims, I learned that he was suspended in 1991 from the NFA for allegations of defrauding customers. Fortunately, I was not naive enough to believe his con job so I did not invest with his firm.

If you lost money with Schiff you can sue his firm and you might win. Many have already sued and won. You must act fast though because there is a statue of limitations on the time after your losses.

Review:  Slippery. My dog provides superior investment advice.

Review:  I have followed Peter on CNBC since 2006 along with Robert Kiyosaki as I was learning about this real estate crash. It became real to me in mid-2006 and I realized these people were right. I didn't have much but right after the crash I bought Silver taking their advice and did very well while everyone else was getting wrecked. Over the years I have followed him through my economics and investing education onto many others to bounce ideas off in different industries.

I am invested with Euro Pacific Asset Management still, especially their gold fund. I manage most of all my own money except a smaller percentage with Europac Asset Management I have rotated into crypto to make money at incredible rates but I do rotate profits back into gold and Europac.. I like the options of being able to have my Schwab account and simply stacking money in EuroPac mutual funds myself without going through the brokerage. It allows me to place gains from other investments there and let them set. I can use the gold fund as a hedge for my portfolio of say 7% of my money sits in the incase all hell breaks look I can make 10x as maybe other areas of my portfolio get hit hard. I keep physical gold and silver as well. I manage my own crypto which I know Peter hates but I make a lot in appreciation and a ton in interest through various methods. But I highly recommend this as a place to be for people who have no time or don't know what to do. The reality is, everyone on here is bashing Europac yet all the companies they wish they were with got slaughtered in 2008. They act as if they could have bought the DOW at 6,000 and rode it up making this huge profit but in reality, they listened to their broker and bought at 10k-12k and then got cut in half. Being my own money manager I can buy those major sell-offs myself with companies that are more likely to succeed and use Peters strategy through his mutual funds to protect me using the gold fund, emerging market fund, and dividend fund as insurance. When times shift and our markets get too hot I rotate back into his and take the ride up in emerging markets. Overall my manager there, David is highly knowledgeable there and fairly easy to get ahold of. Peter may be early on his calls but he won't be late. I have the benefit of managing my own money through experience but I leverage his products as I need to.

Review:  Found it quite easy to deal with the broker. Only area of concern is the high fees

Review:  I have been a fan of Peter's podcast for many years. I had the opportunity to invest with Euro Pacific Capital 3 years ago, but fortunately I did not as it would have cost me a fortune. When I called up Europacific, they did not seem very interested in my business and were not very informative about investment options at their firm, which is always a bad sign. While I agree with Peter's assessment of the US economy I am not sure his investment approach is correct. You still need to make money before the crash and Peter's funds appear to constantly lose money and underperform while other mutual funds perform well. I think most people would be better off buying low cost broad based index funds in both the foreign and domestic markets. If you invest with Euro Pacific you might lose the shirt off your back due to all the high fees and sales charges.

Review:  * Peter is fixated on his theory that the US economy is hollow inside and will tank. There is some basis for this view (although there are opposing views as well) but while the US tanking was not yet happening, he should have used available opportunities to make some money. At least hedge his bets somewhat.
* I invested with EP in 2007 and have mostly stayed flat or gone down. These days the total is a bit above my cost basis, only because of the Emerging Markets fund.
* His fund that is supposed to be focused on dividends hardly pays any!

Review:  Just terrible all around broker.

Review:  My brother the gold bug turned me onto Peter Schiff. He had chugged the PS doom and gloom koolaid and was totally convinced of impending doom. Luckily I got out before much damage was inflicted. I mean...look at the record of this outfit. Schiff can't even make money when metals are hitting new highs, much less when the markets are returning normal amounts. PS has no business managing other people's money...PERIOD. He's a millionaire at the expense of his clients...a total conjob. Almost forgot...his fees are ridiculous given the horrendous performance. (sigh)

Review:  Devastating!

Review:  worst performer in my portfolio over 10 years. a number of practices make me question their ethics and honesty. tend to recommend highly risky businesses prone to bankruptcy and default.

Review:  I invested half my money with Europac. I kept the other half in the bank. After 5 years Europac could not even get me back to a break even point and the money in the measly bank account made interest. The stock market went from 6000 - 20000+ during this time and Europac lost money for me, well, they gained, I lost. The final straw was when Iooked at my statement in 2018 and they where purchasing Bayer, just as all the Monsanto lawsuits where coming out. Well that stock has gone from 30+ to 19 now . I called the investment manager and he stood by his position, saying the Monsanto lawsuits where a drop in the bucket for a company like Bayer. Bottom line, I would be ready to retire, If I had gone with another broker who knows how to make proper investments.

Review:  My sister-in-law was a big fan of Peter Schiff and wanted me to sell my house and put the money in gold and invest in this company.
This was many years ago and she has since passed. I was not stupid enough to listen to her since she had many crackpot ideas — this being one of them!!!
I wish she was still here so that she could see what a con this was.

Review:  After the great recession was in progress, Peter Schiff's ideas seemed to provide an explanation of what happened and a direction towards safety. It seemed he got it right when all other financial institutions were blind to the 09' crisis. I invested a portion under his financial management team sharing his concerns about consequences of bailing out institutions and reinflating another economic bubble. My decision to close the account is that I do not believe Peter is capable of having the research and analysis team necessary to understand where economic opportunities lie within various parts of the economic cycles. He completely missed the last 10 years of recovery here in the U.S. His strategy is based on a limited view of economic disaster which could occur but hasn't yet. As an economic strategy this is a very narrow view. Basically a sliver. He's been proven wrong on most points of his strategy and one can buy one's own precious metals rather than pay his managers to do this. His views and planning on interest rate prediction has been spectacularly wrong. Better to listen to him as entertainment rather than to invest with. I now read David Rosenberg.

Review:  In first year Peter Schiff doubled my money, then lost all gains, then almost flat performance for last 10 years. I moved all money to him, believing in his theory of Dollar collapse. I lost opportunity of making 200% in american stocks. Peter Schiff should loose broker- licence. He knows only, how to sell his product.

Review:  RUN! Seriously! If my above mentioned "cons" haven't convinced you, (it certainly is a CON) read on: I would give zero stars if it were an option. As it stands, this firm seems most interested in churning capital for horrendous management fees: Just take a brief look at the Morningstar assessment of their mutual funds and you will have an idea that this outfit is being captained by charlatans. It's a real turd. They prey upon people's irrational fears about the markets. Their SMA (Separately Managed Accounts) option affords their "first-class" victims a front-row sear to watch in horror, as their retirement vanishes like snow in June. The same thing will happen if you buy the mutual funds, either separately or in a wrap, (like I did); but you don't get the blue-chip treatment into poverty, with those options. REAL fund managers understand the principle of MARKET TIMING. Peter SCHIFF and his legion of cult members have demonstrated that they either don't know or don't care about this principle. Not only did their mismanagement cost me 30% of a large sum, I missed THE BIGGEST STOCK MARKET RALLY in probably 200 years.

Review:  Atrocious, retire in poverty and eat cat food.

Same story as the others, EVERYTHING advised has been wrong. EVERYTHING. Total disaster.

Peter Schiff is an economist, who knows almost nothing about investing. His investment track record is beyond awful.

What does someone who doesn’t know investing advise? Buy at the top for massive losses:
Buy gold at $1,900 - it went as low as $1,000
Buy silver at $49 - it went to $14
Buy Besra - it went to zero
Buy gold mining at top - GDX went from $62 to $13

Don’t buy at bottom for massive gains:
2009 was the chance of a lifetime to make a FORTUNE in US stocks. His advice was don’t buy because some day there will be another bear market and he has no concept of selling.

S&P 500 in 2009 was 730 - in 2018 it’s 2,600
Real Estate in 2009/2010 - same story

He has been predicting a dollar collapse, high inflation, high interest rates for 20 years!!!

I don't know if he's a con artist or delusional and believes his own garbage. So sad to hear the stories of ruined lives.

Review:  I joined Europac and Peter Schiff in 2008 due to his popular book and saw him at the SF Money Show. Everything I touched his Gold stocks have tanked and all the Funds they pushed me into. Peter Schiff is nothing more than a complete con artist in my opinion. I would be up 2-3x had I invested in the S&P now instead I lost 80% of my money. I am 75 years old and I have to work two Jobs as a Wal-Mart greeter and mow lawns on a riding mower on the weekends. Peter cost me about $400k and yet he lives large in Puerto Rico conning more and more clients. What amazes me is that people like this are not in jail!!! $500k x2 would be about $1 million so instead of having near a million dollars to retire on I was conned and have less than a $100k and am forced to work at Wal-Mart as my doctor says I will likely live into my 90's. I lost 80% of my retirement but Peter Schiff and his brokers get paid!! I signed all their forms saying my investments were "speculative" so I guess they cover their ass.

Review:  Got in w/EuroPac 10/08. Initially did really well in a collection of mostly Chinese stocks...Doubled my position within 2 yrs. Then, was promoted Nutrifruit, Wowjoint, and a limited partnership deal in US/China Mining...a $50K position in the latter which I wasn't able to extract from during it's collapse...1/2 way thru my broker was 'promoted and transferred to Dubai'...or somewhere outa touch. Anyone else get burned by these specific positions? Seemed pretty BAD PRACTICES to promote such fraudulent 'instruments'...and luckily I pulled out ahead and never looked back. House of marked cards.

Review:  My representative was helpful and responsive. Present performance has been very good

Review:  Great way to buy us stocks and buy foreign securities in their denomination

Review:  Full service shop with capabilities

Review:  Euro Pacific Capital really is a mess. Most of the Mutual Funds I was placed in by my broker had extraordinarily high fees and a large commission. Most of which went away because of poor performance. Even during the largest bull market in US Equities the Euro Pacific Capital US Fund lost a great deal and closed. The Hard Asset Fund closed, the China Fund, the Latin America Fund. While the losses racked up my speculation is that Peter Schiff asked them to close the funds because the track record for those securities was public. When I joined they recommended several Deep Sea Oil Drilling stocks that went down 90%. Most the Gold stocks even after dollar cost averaging down are still down 60-70% from the purchase price. All the commodity currency shares that I was told would go up Australia, Norway, Canada, etc all went down because commodities got crushed. I was reluctant to make a post because I have been so frustrated with this firm. But looking at so many Peter Schiff followers who leave fake reviews with no real outlook on what the clients actually own and the performance its quite disgusting. I feel compelled to do so given my longer term position with the firm. The only time I get calls about my portfolio is move some stuff around to generate them a few fees even though nearly everything has been in the tank for years on end.

Review:  The funds have been up 17 percent and last year over 30 percent. It is some volatility but if you can deal with it you would of made back from the prior years where the indexes went dos

Review:  All their mutual funds blew up or are down significantly since inception. Many of the Peter Schiff apologists try to cherry pick dates. Fact of the matter is he has lost his clients including myself a fortune with his horrible picks. USD went up and Gold and Silver crashed and his funds did the same. I mean seriously I use to listen to this guys Radio show before his clients rioted from losses and he said Bitcoin was a bubble at $20 and his guest host Thomas Woods would come on and talk about how awesome it was. If you want to lose your ass and pay a fortune in fees to do so invest with Schiff. The guy is a clown and even people in his sector like Marin Katusa who have killed it call him that. Good luck EuroPac investors I lost years of investing life I will never get back. Keep in mind even with his mortgage bankers speech in 08 he put his clients in Gold and Foregin stocks which got killed more than US equities. Good talking points but zero idea how to invest.

Review:  I see a lot of bad reviews and so had to leave my positive experience I have been with europac for more than 3 years now and have been very pleased with the results and returns. Clearly you need to consider the companies vested interest in Gold, but as an educated investor you would know that. Do your homework and you will avoid results like all these other investors leaving reviews. The banking and investment side is rock solid and we love using the bank.

Review:  Here are more details on why you should not invest with europac.

I too got burned by Besra Gold, which is still yet to be relisted. I think Europac felt the pressure for highly recommending them as they are one of the primary lenders that have allowed besra to reopen their big mine in Vietnam. Besra still has not met the criteria for relisting on the asx(Australian exchange).

Europac intentionally makes it difficult for people to transfer out of their brokerage because they deal with international exchanges. Their excuse of course is "we are protecting you from the us dollar". Really when you think about it there is not much different from owning cnook on the asx vs owning ceo on the us exchange once its a stock. The local currency denomination has some impact, but it is not overwhelming as you will eventually will come back to us dollars to pay taxes, plus all of the extra fees paying for the foreign exchanges undermines any net benefit.

To continue along the same line. Because europac deals with international exchanges there is no way to put a stop on these positions. Yes, there may be a way if you have a schwab account, but not through europac. So if you have $10k position denominated in Norwegian Kroners, you cannot have a stop. If this stock were to drop hard, you could not protect yourself ahead of time. Lets say then you want to sell to stop inflicting more damage to yourself, you then have to wait until that exchange opens in that local country. It may take 2-4 days to even make the sell if you are unfortunate enough to try and sell at the beginning of their weekend and you catch that market after they have closed.

For commissions they charge you $100 for any buy/sell brokerage execution, if they recommended the stock to you which is almost always true they charge a $20/50 commission. If you are lucky enough to even have made a profit, they then take a 1-2.5% commission on top of that. No wonder Peter's rich, huh?

One would think that peter and his team would be an expert on recommendations. That's not the case. Many of the companies that are recommended are value traps that never seem to be strong enough to ride out the rough times contrary to what they tell you. The brokers don't care where the stock is in its chart cycle. They will take your money anytime regardless if the stock or market place is topping out. Do they know or care is questionable. I don't think they care and truly believe if you have cash in that account it must be spent immediately and will pressure you to do so. As energy and gold crashed the last few years, and I sat on my cash. They told me how dangerous it was to do so. I would've lost 90% of my money had I listened to them.

Long story short: They constantly recommend energy, commodity, and gold based companies even when downward trends would dictate otherwise.
With europac, the costs of "protecting" you from the US dollar far exceeds any currency loss you incur while being in the US dollar.

Review:  After reading his book and independent research I agreed believed he was accurate in the government being bankrupt.

As I thought this was a sound foundation to capitalize on I invested everything I and my wife had saved from 57 years as a Fire Marshall and teacher for the mentally disabled.

With our 843k we meet with peter bridled before being quickly passed to a "broker". Although salesman/ con artist may be more apt.
He pushed us to invest in a South-East gold mine- in just 3 weeks we lost a 347k. Although we had plenty of worthless shares..

Our original "broker" quickly fell out of the picture and after no communication for 3 months- short of occasional email with links to his pod cast- we went to the office in person.

After many frustrating conversations we were provided a new "broker". Although we were charged for this transfer of accounts.

For the next few years we continued to lose time and time again. In total we had 4 different brokers.

In 2015 my dear wife of 52 years passed.

The only money I had left was still wrapped up in our accounts.

After much effort I was able to speak with Peter. I told him about Mar's passing and that I needed to close the accounts so I could pay for the funeral.

I was also hoping to bring our mentally disabled granddaughter to Disneyland.
A sort of distraction from the grief we all felt.

After reviewing our accounts I have as told that ; of the initial 750k we were down just 4K , plus the many many hundreds of shares in company's that we're essentially worthless.

And although he was aware that I needed to draw down and close our accounts so I could give my wife the best funeral she deserved and take our mentally disabled granddaughter to Disneyland he said I would have to pay a 2% closing fee.

Ultimately I had to cremate my wife as I didn't have funeral costs.
And I could not afford to take our grieving disabled granddaughter to Disneyland.

Please do not invest with Peter.

I have since lost my home and live in a nursing home. I'm on a fixed income with my military and fireman pension.

I really let my dear wife, granddaughter Ella and my children down.

Please be mindful.

God bless you all.

Review:  I started in 09 and the firm has really changed over the years. I had for the most part agreed with Schiff overall thesis about the Economy. Somewhere around 2011 they changed their structure and began pushing Extremely High Fee mutual funds. Not only were they high fee but the performance had been completely horrible for years on end.

Secondly, as mentioned by others on here the brokers turned into sales people not advisors. Putting you into high risk poorly vetted stocks like Bersa Gold which is worth nothing now. Babcock and Brown infrastructure that went to Zero. A stock would go down 80% and they would say well it’s still on our buy list. Then my broker quit and it was over two years before I was assigned a new one!!!! Worst of all I was passed off to some guy who is indoctrinated in Austrian Economics and tells me about all the value creation even though a stock is down 50-60%. It’s a joke.

Now that the broker I had with a bit of a conscience is gone, it’s like a boiler room just trying to extract fees. Since the metal’s price has come back some I have almost broke AFTER 8 YEARS!! Getting prepared to pay them there 2% commission to close my account. Unreal!!!!

As others have mentioned on here YOU HAVE BEEN WARNED!!!! There is nothing that EuroPac provides that you theoretically could not do yourself with an Interactive Brokers or Fidelity account with regards to buying foreign stocks on their respective exchanges, which was a complete lie Schiff use to spew. Investing with EuroPac was the worst financial mistake of my life.

Review:  We too lost a fair amount of money with EPC, all the while paying huge fees. No communication poor results.

We also lost money on ALL of the private placements. Again, NO COMMUNICATION. We are considering starting a class action suit against EPC. But we need more folks to get involved. Anyone else want to take on the beast?

Review:  I'm a former client, just closed my account. This brokerage firm is just horrible with no communication. I call the broker one day only to find out I was passed off to someone else as the broker left the firm. Never given the chance to interview the new broker. Then not having heard from the broker again for awhile, I call and that broker is gone too. I was then passed off to Andrew Schiff, Peter's brother. Seems that the brokerage was getting desperate as Andrew gave this huge spiel on why I should close my account, blah, blah, blah. Took a while because all of sudden he wasn't returning my calls and suddenly became on vacation. One nasty email and my concerns I was being ripped off got them to process my closing of the account. Still awaiting my last 50k and then I'm done. Down 15k over the 6 years I was there. They are not good at picking investments, had a number of their "investigated and recommended" stocks go belly up. Still have Bersa Gold which is worth exactly, ZERO. But I have 8,000 shares.

Review:  Lost 50% of portfolio. Do not invest money with them or you will be sorry.

Review:  Similar to the stories of other users I was a big fan of Peter and I didn't care too much for the large banks in my area. My Broker was slick and sold me on the opportunities I had being so young and investing at the "perfect time". Needless to say the small but substantial $25,000 I invested at the time quickly went to around $20,000 and then $17,000. At this time in order to transfer funds out of the company would leave me with almost a $10,000 loss in a relatively short period of time. When I asked for an in person interview to discuss if I was just a victim of the market, they declined to meet with me. I would assume because they already have my money what do they need with me now. If you are interested in investing with this company you should buy a boat, sports car, get involved in horse racing, or go buy the most expensive bottle of wine your local restaurant. At least then you can enjoy losing your money.

Review:  I've lost MANY thousands of dollars with them--well over 100K--and if I liquidate I'll be stuck with high fees and on the hook for private placements that have become total busts. If I quit them then I've lost somewhere over 200K!!!

I believe that Peter knows the problems with our economy and our country but he has been unable to translate that into making money for this client. Unfortunately, as of 6/28/15 my Euro Pac. accounts continue to fall.

You are warned!

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