Gold advocate and economist Peter Schiff is not exactly cheering from the sidelines when it comes to a U.S. strategic bitcoin reserve. On Monday, he sparked conversation on social media, declaring that the smartest move President Joe Biden could make before leaving office is to offload all the U.S. government’s bitcoin holdings. Schiff Wants Joe […]
Peter Schiff warns bitcoin could undermine the U.S. dollar, not by replacing it, but by fueling economic mismanagement through speculative government-backed investments. How Bitcoin Might Topple the Dollar—Peter Schiff Breaks It Down Economist and gold advocate Peter Schiff has raised significant concerns about bitcoin and the U.S. economy as the cryptocurrency’s price hit an all-time […]
According to Reuters, President-elect Donald Trump’s incoming crypto advisory council is reportedly considering establishing a strategic bitcoin reserve. This idea sparked a response from economist and gold bug Peter Schiff, who shared his perspective on the concept of a BTC reserve. Trump’s Transition Reportedly Eyes Bitcoin Reserve, Schiff Fires Back at Fiscal Misstep On Thursday, […]
Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $ 2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are losing value. Schiff suggests this is only the start and encourages investors to act …
Economist and gold advocate Peter Schiff noted that if gold could rise from $ 20 to $ 2,600 an ounce, it could potentially reach $ 26,000 or even $ 100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign …