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Peter Schiff’s Grim Forecast: Microstrategy’s Bitcoin Gamble Nears Dangerous Limits

[Nov 1 2:30 AM] Peter Schiff warns that Microstrategy’s $42 billion plan to boost bitcoin holdings, funded by debt and equity, risks a dangerous liquidity trap. He called Michael Saylor “the Egg Man.” Liquidity Trap Looms? Schiff’s Ominous Message for…

Peter Schiff Emphasizes Gold Bull Market Is Just Getting Started

[Oct 30 12:30 AM] Economist and gold advocate Peter Schiff declares gold’s explosive rise is only the beginning, forecasting a historic rally fueled by looming inflation and economic turmoil. Peter Schiff: Gold Bull Market Hits Record High — But This Is Just the…

Peter Schiff Warns Bitcoin Investors: ‘Get Ready for the Trump Dump’

[Oct 27 1:30 AM] Economist Peter Schiff forecasts a “Trump dump” for bitcoin, questioning its weak momentum amid Donald Trump’s rising election odds. Peter Schiff Sees ‘Trump Dump’ for Bitcoin Economist and gold advocate Peter…

Peter Schiff Predicts ‘Mother of All Gold Bull Markets’ — Early Signs of Massive Gold Surge

[Oct 20 1:30 AM] Economist and gold advocate Peter Schiff predicts the “mother of all gold bull markets” as gold prices surge to a record $2,720 per ounce. He attributes the rally to inflation fueled by central banks, warning that fiat currencies are…

Trump pump? Bitcoin climbs to 2.5-month high as Trump widens lead

[Oct 16 12:44 PM] Industry watchers are pointing to Bitcoin’s increasing correlation with the winning odds of former President Donald Trump.

Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review

[Oct 13 11:30 AM] In September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI made headlines by charging 18 individuals involved in…

Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens

[Oct 8 1:30 AM] Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s…

Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin

[Oct 6 12:30 AM] Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant financial losses for many. However, he emphasized that the alternative is worse, as it…

Peter Schiff: Gold Set for Best Year Since 1979 — ‘Investors Haven’t Noticed Bull Market’

[Sep 22 12:30 AM] Economist and gold advocate Peter Schiff says gold is “set to have its best year since 1979 when it rose 126%.” He highlighted that gold is up over $540 so far this year, which is its “largest dollar gain in history.” He…

Peter Schiff Warns Fed’s Rate Cut Spells Economic Disaster — ‘It’s Game Over for the Fed’

[Sep 18 11:30 PM] Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising…

Peter Schiff: Fed Is About to Make Major Policy Mistake That Will Crush US Dollar, Reignite Inflation

[Sep 17 12:30 AM] Economist and gold advocate Peter Schiff has issued a strong warning that the Federal Reserve is on the verge of repeating its past policy errors. He explained that the Fed’s anticipated actions, particularly interest rate cuts, “will be…

Economist Peter Schiff Criticizes Lackluster Media Coverage of Gold’s Bull Market

[Sep 15 7:30 PM] Peter Schiff, Chief Economist and Global Strategist at Europac, has criticized the lack of coverage that major economic media outlets have given to the recent surge in gold prices to record highs. However, Schiff characterized this lackluster…

Polymarket Bets 10% on 2024 US Recession, Analyst Skeptical of Rate Cut’s Impact

[Aug 25 5:30 PM] The prediction market Polymarket and CME’s Fedwatch tool suggest that a rate cut during the Federal Open Market Committee (FOMC) meeting in September is highly likely. However, BCA Research’s chief asset allocation strategist, Garry Evans, argues…

Harris Backs Plan to Tax Unrealized Gains, Kiyosaki Says Prepare for Crash Landing, and More — Week in Review

[Aug 25 4:30 PM] Vice President Kamala Harris supports President Biden’s proposal to increase taxes on unrealized gains for the wealthy. Financial author Robert Kiyosaki warns of an impending market crash, urging investments in gold, silver, and bitcoin for…

Peter Schiff Warns of Looming US Dollar Crisis and Economic Collapse

[Aug 25 12:30 AM] Economist and gold advocate Peter Schiff has cautioned about the U.S. dollar index falling substantially, “triggering a U.S. dollar crisis, crashing the economy, and sending consumer prices and long-term interest rates soaring.” Schiff…

Peter Schiff Expects Gold Mining to Be Best-Performing Sector This Decade — Foresees ‘Major Bull Market’

[Aug 20 11:30 PM] Economist and gold advocate Peter Schiff predicts that “precious metals mining will be the best-performing sector” this decade. He highlighted that “gold mining stocks are a steal” and anticipates “a major bull…

Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash

[Aug 17 10:30 PM] Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to…

Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’

[Aug 6 11:18 PM] Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for…

Peter Schiff Warns of Mass Bitcoin ETF Liquidations and ‘Crypto Black Monday’

[Aug 4 11:30 PM] Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He…

Peter Schiff: US Government Will Sell All Seized Bitcoin Before Trump Takes Office

[Jul 29 11:20 PM] Speculation is growing that the Biden administration will sell all its seized bitcoin holdings after former President Donald Trump pledged to ensure the U.S. government keeps all of its bitcoins if re-elected. Economist and gold advocate Peter…

Bitcoin Investors Won’t Sell BTC Even if Price Drops to $3K, Peter Schiff’s Poll Shows

[Jul 26 6:30 PM] Gold advocate Peter Schiff has conducted two polls regarding bitcoin’s value and investors’ actions if the crypto’s price falls significantly. Despite his consistent criticism of bitcoin, the majority of respondents expressed…

Robert Kiyosaki vs Peter Schiff: Conflicting Predictions on Gold, Bitcoin, and US Dollar

[Jul 24 5:20 PM] Rich Dad Poor Dad author Robert Kiyosaki and gold advocate Peter Schiff have provided conflicting forecasts about the future of gold, silver, bitcoin, and the U.S. economy if Donald Trump is re-elected. Kiyosaki claims asset prices will rise as…

German Government Now Holds Less Than 10K BTC, Iran Proposes to Link All BRICS Payment Systems, and More — Week in Review

[Jul 14 6:05 AM] Iran’s Foreign Affairs Ministry has proposed linking BRICS countries’ payment systems for seamless national currency transactions. Meanwhile, Germany’s government reduced its Bitcoin holdings by over 3,000 BTC, now holding…

Peter Schiff Foresees ‘Explosive’ Growth in Silver Price

[Jul 9 5:17 PM] Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosive move higher…

Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump

[Jul 7 1:29 AM] Popular Bitcoin critic Peter Schiff dismisses claims of growing institutional interest in the maiden cryptocurrency. Schiff’s challenging statement comes following the recent Bitcoin market sell-off which resulted in a 10% price decline on Friday…

Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500

[Jul 6 6:32 PM] Economist and gold advocate Peter Schiff warns of a continued bitcoin decline, stating that “this bear market is a long way from over.” He predicts significant price falls for both bitcoin and ethereum, suggesting a potential crash if…

Peter Schiff Predicts Further Bitcoin Plunge Ahead of Mt Gox Payouts — Declares BTC in Official Bear Market

[Jun 25 5:16 PM] Economist and gold advocate Peter Schiff has highlighted bitcoin’s recent decline, declaring the cryptocurrency “back in official bear market territory.” He predicts further bitcoin price decline before Mt. Gox creditors begin…

Analyst Forecasts Silver Shortage, Price Increases As Consumers Tap Dwindling Secondary Inventories

[Jun 17 12:27 PM] Peter Krauth, a silver market analyst and author of “The Great Silver Bull,” has predicted an upcoming silver shortage produced by the increased demand for the precious metal for different applications. Krauth states that demand for…

Nobel Laureate Paul Krugman Claims ‘Inflation Bump Is Over’ — Peter Schiff Says Krugman’s View ‘Should Be Dismissed’

[Jun 2 5:11 PM] Nobel Prize-winning economist Paul Krugman and gold advocate Peter Schiff are in disagreement over inflation. Krugman believes that “the inflation bump is over.” However, Schiff argues that Krugman didn’t even foresee the…

Veteran Trader Peter Brandt Predicts 100 Oz of Gold per Bitcoin

[Jun 2 3:25 PM] Veteran trader Peter Brandt, with over four decades of experience, has highlighted bitcoin’s consistent gains against gold since its inception, foreseeing that 100 ounces of gold will be needed to buy a bitcoin. Meanwhile, Peter Schiff has…