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Bitcoin is trading below 27 ounces of gold. It's now down over 27% since hitting its record-high of 37 ounces of gold 2.5 years ago. Given all the hype about #Bitcoin and lack of coverage of #gold, few likely realize Bitcoin is in a stealth bear market when priced in real money.
— Peter Schiff (@PeterSchiff) April 15, 2024
Against my advice my son @SchiffSpencer just bought even more #Bitcoin. Whose advice do you want to follow? A 57-year-old experienced investor/business owner who's been an investment professional for over 30 years or an 18-year-old college freshman who's never even had a job.
— Peter Schiff (@PeterSchiff) September 7, 2020