While encouraging investors to “Take advantage of what could be the biggest precious metals bull market in history,” Schiff calls bitcoin “dead money,” expecting outflows from spot bitcoin exchange-traded fund. https://static.news.bitcoin.com/wp-content/uploads/2024/05/schiff-bull-market-for-gold-and-silver.jpg
Peter Schiff, a gold advocate and economist, has predicted an explosive rise in gold and silver prices. He encourages investors to take advantage of what he believes could be the biggest precious metals bull market in history. However, Schiff has expressed a negative view on bitcoin, calling it "dead money" and expecting outflows from spot bitcoin exchange-traded funds (ETFs) to put downward pressure on the cryptocurrency