Review by SnoopyJC, May 18, 2009

Overall Rating
Performance of Picks/Advice
Consistency
Interesting to Read/Educational
Customer Service
Value for the Money

In late 2008 when the market started to come unglued, I saw Peter Schiff on a TV show and picked up his “Little Book of Bull Moves in Bear Markets”. Some of the things in that book are starting to play out, though he was very early with his advice (e.g. the dollar went up instead of down like he said it would).

I took 1/5 of my retirement account and opened a EuroPac account with it. I didn’t do exactly what his broker advised, but I did wind up investing most of my money in his picks.

First they started going down, but recently they have been going up, and going up a LOT!!

His best pick, SkyWorth (SWDHF) almost doubled in price, and all of the other picks are currently up from where I bought them (but not “crazy-up” like this one).

EuroPac is an old-fashioned “full-service” brokerage, which charges old-fashioned 3% commissions on transactions, so you need to minimize your trading (e.g. “buy-and-hold”). They also don’t offer features like internet orders or stop-losses - there is a website where you can see your current holdings, though. Once you phone in your orders, they do buy the stocks directly on the foreign exchanges, though, not on the “pink-sheets” or through ADRs, which gets you better prices.

Overall, I am very happy with Peter Schiff, the broker he assigned me, and http://www.EuroPac.net/ .
–joe

Review by normdiamond, September 22, 2009

Overall Rating
Performance of Picks/Advice
Consistency	Not Rated
Interesting to Read/Educational
Customer Service
Value for the Money

I read Peter Schiff’s books and believe his predictions,some of which have occurred and others which will occur in the future. I am trying to put my assets into foreign stocks and currencies.

My account is medium size, over a yrar old, and his picks (or his associate broker’s) have gone up in value and most have paid better dividends than US securities. I’m pleased with the results and plan to invest more money with him

Review by Cautious, October 11, 2009

Overall Rating
Performance of Picks/Advice
Consistency
Interesting to Read/Educational
Customer Service
Value for the Money

Having been convinced a few years ago that it would be wise to diversify into foreign stocks, I opened an account with EuroPacific. I could tell you about some of the recommended stocks that lost over 90% in the last year, but instead I will be more general and simply provide some cautionary information.
When you invest with EuropPacific, be prepared to do your own research. They provide absolutely none. They trade through Pershing, which has a website where you can watch the value of your portfolio, but again, no research. The brokers give no recommendations to sell as the stocks decrease. It is entirely up to you, and it is very difficult to find data on the various companies. Their commission rate is 3.5%; the claim is that they get better prices buying directly on the foreign exchange, but that was never proven.

After significant frustration, I pulled my money out and will be content to invest via ADRs or even the pink sheets.