Peter Schiff: Gold is getting ready for a ‘tremendous move’ (Pt. 1/2)

Bitcoin is an asset that is fueled almost entirely by “false hope,” and should demand falter, the price is just going to “collapse,” said Peter Schiff, chief market strategist at Euro Pacific Asset Management.
“Ultimately, bitcoin is going to collapse, and any demand that it might have siphoned away from gold is going to return to gold. The bitcoin story is one of a bubble; it’s a modern-day Tulip Mania, it’s fool’s gold,” Schiff said.

VRIC 2021

VRIC 2021
On January 17, 18, 19, 2021, streamed on Youtube, Cambridge House CEO, Jay Martin, will sit down one on one with 25 of the top investors and macro finance experts, and they will share how they are allocating capital in 2021.He will also be joined by the CEO's of 50 junior and senior mining companies.

Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.