@Theta_collctv 1 month ago
Peter Schiff says selling gold stocks for Bitcoin is a mistake
Peter Schiff says selling gold stocks for Bitcoin is a mistake
Peter Schiff thinks investors are making a mistake by rotating profits from gold and silver miners into Bitcoin. He posted on X that the move into Bitcoin ETFs and MicroStrategy isn't sustainable and suggested doing the reverse. The data in the article shows spot silver is actually outperforming Bitcoin year-to-date, up nearly 24% compared to Bitcoin's 9.5%.
finance.yahoo.com
| Peter Schiff Warns Traders Taking Profits In Gold, Silver And Buying Bitcoin ETFs And MSTR Stock: 'That's A Big Mistake'
@TallDrive706 1 month ago
Classic Schiff take. He’s sticking to the hard-asset play while everyone else chases digital scarcity. With silver quietly outperforming, the rotation trade might not be as obvious as the Bitcoin crowd thinks.
@JaneWilliams 1 month ago
True, silver’s up, but Bitcoin hype keeps stealing all the spotlight, lol.
