Tom Lee Predicts $200K Bitcoin — Peter Schiff Isn’t Buying It
Peter Schiff has renewed his critique of Bitcoin as Tom Lee of Fundstrat pushes a headline-grabbing $200,000 price target for the cryptocurrency. Related Reading: Why $50 XRP By December 2025 Isn’t ‘Hopium’ If ETFs Get Greenlight: Analyst According to reports, Lee says the market’s recent weakness is tied to the Federal Reserve’s reluctance to cut interest rates, while Schiff points to gold’s recent rally as a warning sign for Bitcoin. Schiff Points To Gold’s Rally In an X post, the gold bug Schiff highlighted that the yellow metal rose 10% over the last two months and reached a new high....
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Gold bug Peter Schiff has revealed that his son, Spencer Schiff, has gone all-in on bitcoin. Calling his son “brainwashed” for buying so much of the cryptocurrency, Schiff added that he may need to “disinherit” his son to avoid the youngster burning through his hard-earned money. Peter Schiff’s Son Has Gone Full Bitcoin Euro Pacific Capital CEO and host of the Schiff Radio Show, Peter Schiff, tweeted on Wednesday: My son Spencer Schiff went all in on bitcoin on the last drop below $50k. 100% of his portfolio is now in bitcoin. He sold the last of his silver....
Bitcoin is often called digital gold, much to the dismay of gold bugs like Peter Schiff. Unfortunately for boomers like Schiff, millennials like his son Spencer, are increasingly opting for the cryptocurrency instead. Schiff even recently slammed his son publicly on Twitter, insulting his purchase of BTC, and calling his investing ability into question compared […]
Gold bug Peter Schiff has settled with Puerto Rico’s financial regulator and agreed to liquidate his Euro Pacific Bank. Schiff stressed that he is not admitting to any legal wrongdoing.
Peter Schiff Liquidating Euro Pacific Bank
Gold bug and notorious bitcoin skeptic Peter Schiff has settled with the Office of the Commissioner of Financial Institutions of Puerto Rico, also known as Oficina del Comisionado de Instituciones Financieras (OCIF), and agreed to liquidate his Euro Pacific Bank. He tweeted Wednesday:
I have agreed to a settlement with Puerto Rican banking....
Peter Schiff doesn't see the value of Bitcoin. If you're going to take financial advice from Peter Schiff, then bitcoins won't be found in your portfolio. Last night, Schiff sat down with Joe Rogan to talk about everything from how Libertarians would protect the environment to whether or not the US Federal Government should raise the minimum wage. For our readers, the most interesting point in the night came when Rogan brought up the topic of Bitcoin. Many people know that Peter Schiff is one of the few Libertarians who does not care for cryptocurrency, so it wasn't a surprise when he....
Economist Peter Schiff – the favorite opponent of bitcoin evangelists on social media – has again sounded his trumpet of doom for cryptocurrency, particularly Bitcoin and Ether. According to the gold bug, selling bitcoin to pay the bills is necessary “As the recession continues, conditions will only deteriorate.” The guy predicts an economic collapse and […]