Leading Investment Advisor Recognizes Commercial Fishing As One of the Strongest Industries For Next Decade
Peter Schiff, President & Chief Global Strategist of Euro Pacific Capital, recently listed 10 industries and professions that he saw as being strongest over the coming decade and beyond. In addition to such notables as Engineering, Agriculture, Energy and High Technology, Mr. Schiff named the Commercial Fishing industry to #5 on his list.
As excerpted from his latest book, “The Little Book of Bull Moves in Bear Markets”, Mr. Schiff writes, “ Commercial fishing should be another growth industry that allows for a secure future. Currently the United States imports about 90 percent of the fish it consumes. Demand for fish is growing as the United States ages and becomes more health conscious and more sophisticated in its tastes. Unless U.S. residents give up eating fish, more of it will need to be caught. I predict growth in commercial fishing over the years to come.”
Mr. Schiff is one of the few investment advisors to have correctly called the current bear market before it began. As a result of his accurate forecasts on the U.S. stock market, economy, real estate, the mortgage meltdown, credit crunch, subprime debacle, gold and the dollar, he is becoming increasingly more renowned. He has been quoted in many leading newspapers, including The Wall Street Journal, Barron’s, Investor’s Business Daily, The Financial Times, The New York Times, and many others. His best-selling book, “Crash Proof: How to Profit from the Coming Economic Collapse” was published by Wiley & Sons in February 2007. His second book, “The Little Book of Bull Moves in Bear Markets: How to Keep your Portfolio Up When the Market is Down” was published by Wiley & Sons in October 2008.
Marport fully agrees with Mr. Schiff’s analysis and outlook for the Commercial Fishing industry.
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