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Bitcoin Is Nothing Like Gold – Ep 694

The Peter Schiff Show Podcast
The Peter Schiff Show Podcast
Episode • May 22, 2021 • 56m


* Rotation continues from momentum to value as Bitcoin investors turn to gold.

* China is the excuse, not the reason for the Bitcoin bubble bursting.

* This Crypto Winter may be the longest and most brutal of all.

* Dave Portnoy shills Safemoon gimmick.

* Coinbase may be the biggest failure vs. expectations of any IPO in history.

* Crypto crash ushers in bear market for Tesla, Square, Microstrategy, Riot Blockchain, Galaxy Digital.

* Gold is in a solid bull market making new highs.

* Paul Krugman is right on Bitcoin and wrong on gold.

* The US is now officially a Banana Republic without the bananas.







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