The Japanese yen (円 or 圓, en^?) (sign: ¥; code: JPY) is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States dollar and the euro. It is also widely used as a reserve currency after the U.S. dollar, the euro and the pound sterling. As is common when counting in East Asia, large quantities of yen are often counted in multiples of 10,000 (man, 万) in the same way as values in Western countries are often quoted in thousands.

Yen is pronounced "en" [eɴ] in Japanese. The word (Shinjitai: 円, Traditional Chinese/Kyūjitai: 圓) literally means "round object" in Japanese, as yuán does in Chinese or won in Korean. Originally, Chinese had traded silver in mass (see sycee) and when Spanish and Mexican silver coins arrived, they called them 銀圓 (silver round) for their circular shapes. The coins and the name also appeared in Japan. Later, the Chinese replaced 圓 with 元 which has the same pronunciation in Mandarin (but not in Japanese). The Japanese preferred 圓 which remains until now (albeit in its simplified form, 円, since the end of World War II).

Peter David Schiff (pronounced /ˈʃɪf/; born March 23, 1963) is an American businessman, investment broker, author and financial commentator. Schiff is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York City.

Schiff frequently appears as a guest on financial television and is often quoted in major financial publications. He is host of The Peter Schiff Show, a radio show broadcast on terrestrial and internet radio. He is a frequent guest on internet radio as well as the host of the former podcast Wall Street Unspun. In 2010 Schiff ran as a candidate in the Republican primary for the United States Senate seat from Connecticut.

Schiff is known for his bearish views on the dollar and dollar denominated assets, while bullish on investment in tangible assets as well as foreign stocks and currencies.

Peter Schiff was born and raised in New Haven, Connecticut. His father, Irwin Schiff, is a prominent figure in the U.S. tax protester movement, currently serving a 13-year sentence for tax evasion. Peter Schiff attended Beverly Hills High School in California, and graduated from the University of California, Berkeley in 1987 with a Bachelor's degree in finance and accounting.