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Peter Schiff, a known gold bug, argued that because of the behavior that bitcoin and gold registered yesterday in response to the rate cut announced by the Federal Reserve, the former cannot be taken as a digital form of the latter. Peter Schiff Blasts Bitcoin Performance After Rate Cuts, Calls It ‘Fool’s Gold’ The Facts … Read more
Peter Schiff cautioned that market enthusiasm, fueled by renewed U.S.-China trade optimism, hides deeper strains, with rising deficits, stubborn inflation, and accelerating de-dollarization undermining confidence in America’s long-term economic foundation. Peter Schiff Warns of Dollar Crisis Despite Trade-Driven Market Surge Global financial sentiment appeared volatile as markets responded to optimism over renewed U.S.-China trade discussions. … Read more
Peter Schiff argues that tokenized gold can fulfill the roles of a medium of exchange, unit of account and store of value—functions he claims bitcoin fails to deliver. The Safe Haven Debate Reignites Amid Market Volatility Outspoken bitcoin critic and gold advocate Peter Schiff has reiterated his belief that gold—not cryptocurrency—is the only asset that … Read more
Peter Schiff is once again predicting catastrophe, warning that a looming bitcoin and ether crash will trigger bankruptcies and layoffs, even as gold takes center stage in his latest portrayal of financial reckoning. Gold More Likely to Hit $1M Than Bitcoin, Says Schiff With Grim Outlook Economist and gold advocate Peter Schiff intensified his criticism … Read more
Gold and silver are flashing breakout signals as surging demand, tightening supply, and mounting fears over U.S. monetary instability drive investors to hard assets, echoing warnings from economist Peter Schiff of a looming dollar reckoning. Gold and Silver Poised for Breakout Amid Fears of Dollar Collapse Investor fears over monetary instability are reigniting interest in … Read more
As bitcoin and ethereum extend their slide, Peter Schiff warns of a potential bitcoin plunge to $75K, intensifying bearish sentiment despite optimism over adoption and blockchain growth. Peter Schiff Issues Dire Forecast: Bitcoin May Tumble to $75K Economist and gold advocate Peter Schiff renewed his warnings about the crypto market as bitcoin and ether extended … Read more
Economist Peter Schiff warns that gold’s recent surge past $4,000 per ounce signals an impending U.S. debt crisis in 2026. Gold Hits New All-Time High Amid U.S. Shutdown Economist Peter Schiff has warned that gold’s recent price action—surging past $4,000 per ounce on Oct. 8—may signal that the United States is heading toward a major … Read more
The U.S. dollar is hurtling toward collapse, threatening to obliterate American living standards, economist Peter Schiff warns, as deficits soar, inflation bites, and emerging markets gain unstoppable momentum. US Dollar Collapse Will Impoverish the Vast Majority of Americans, Peter Schiff Warns Economist and gold advocate Peter Schiff issued a sharp critique of recent U.S. trade … Read more
Gold investor Peter Schiff bragged about the returns on his precious metals in an X post on Tuesday before using the moment to take a dig at bitcoin ( BTC). Schiff says he owns the VanEck Gold Miners ETF (GDX), which has returned 61.3% so far this year according to Yahoo Finance. Schiff, a staunch … Read more
Infamous bitcoin sceptic and proud gold bug Peter Schiff posted a curious message to his 1.1 million X followers on Monday afternoon, urging them to sell ether ( ETH) and use the proceeds to buy bitcoin ( BTC). Schiff, who once compared the dominant cryptocurrency to the bulbs of the Dutch Republic’s 1634 “tulip mania,” … Read more