Euro Pacific Capital's chief economist dismissed bitcoin as a "collectible token" and predicted it would be worthless once the hype fades.
Schiff is one of bitcoin's best-known critics, saying that it will never function as money and a permanent move down to $0 is not "inevitable."
Elon Musk admitted that bitcoin and ethereum “seem high” in Twitter exchange with Peter Schiff. The Tesla CEO retorted Schiff’s claim that Gold was a better asset allocation than crypto. On Friday night, bitcoin hit record highs pushing its market cap to more than $US1 trillion. Visit the Business section […]
Tesla CEO Elon Musk admitted on Twitter that the cryptocurrencies bitcoin and ethereum "seem high."
Based on today's GDP release, it appears that...
One thing everyone at the SALT Conference...
Peter Schiff, CEO and chief global strategist...
Here's some fun Friday morning viewing!
Inflation truthers are wrong.
But I can't tell you when it's going to start.
Lifting the curtain.
Randomly this just landed in our inbox.
By: Peter Schiff Thursday, January 10, 2013
By: Peter Schiff Thursday, January 3, 2013
By: Peter Schiff Friday, December 14, 2012
Treasury Secretary Timothy Geithner made news last week by proposing to transfer the Congressional prerogative to raise the debt ceiling to the President.