RATE Group | Peter Schiff Says Bitcoin Will Hit $3,000 Before Gold Does. He’s Wrong.
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Peter Schiff Says Bitcoin Will Hit $3,000 Before Gold Does. He’s Wrong.

23 Feb Peter Schiff Says Bitcoin Will Hit $3,000 Before Gold Does. He’s Wrong.

Posted at 20:56h in Bitcoin News by

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  • Euro Pacific Capital CEO Peter Schiff predicted the housing crash from 2006 to 2007. But now he’s warning about a bitcoin bubble.
  • Schiff predicted Saturday that bitcoin will crash to $3,000, while he says gold will surge to $3,000, but not before bitcoin gets there first.
  • Here’s why Peter Schiff’s wrong this time.

Peter Schiff’s views on bitcoin are fascinating. He riled up both sides of the bitcoin vs. gold debate among U.S. dollar skeptics this weekend with this taunting question:

Source: Twitter

He followed up the humorously provocative question with a prediction. Schiff says the bitcoin price will crash to $3,000. And it’ll get there before gold appreciates to $3,000.

Source: Twitter

Schiff Stirs The Pot Again

You could say the founder, CEO, and chief global strategist of Euro Pacific Capital is a Wall Street and U.S. dollar “perma-bear.” His early study of the controversial Austrian school of economics led him to question the U.S. financial system.

Schiff…

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