Peter Schiff

1,182,567 Twitter followers

Chief Economist & Global Strategist https://t.co/X35usGhhgW, Chairman https://t.co/ulhU3vptUb, Founder https://t.co/zB1vZlRBGh, Host https://t.co/XazFnrIREg, Best-selling Author

Posts

Peter Schiff

Thread

OK, silver is up $4.25 now. It’s trading at $76.10. What’s it going to take to get these silver mining stocks to move? They are substantially lagging the metal when they should not only be leading, but rising at multiples of the metal due to the impact on their earnings.

Peter Schiff

12-24

Thread

If Bitcoin won’t go up when tech stocks rise, and it won’t go up when gold and silver rise, when will it go up? The answer is: it won’t. The Bitcoin trade is over. The suckers are all in. If Bitcoin won’t go up, it can only go down. If HODLers are lucky it won’t be a slow death.

I don’t believe Bitcoin has decoupled from other risk assets. It just doesn’t rally as much when they rise, and it declines much more when they fall. What should be obvious by now is that it’s not digital gold. If gold goes way up, there is no reason to expect Bitcoin to follow.

Bitcoiner @GrantCardone ran this poll. 69% of 5,553 voters chose Bitcoin. Can Bitcoin win again? You are given $100,000 and one of the conditions of the gift is you MUST either invest ALL of it in Bitcoin, Gold or Silver and must hold until Dec 19, 2028. Which are you buying?

Bitcoin is back below its high from January 2025. In contrast, the NASDAQ and gold are 18% and 42% above their respective January highs. Given all the Bitcoin hype since Trump’s inauguration, why has Bitcoin made no progress despite the rise in both risk-on and risk-off assets?

Peter Schiff

10-27

Gold is down this morning as investors react to news of a trade deal with China that will move us closer to where we were before Trump escalated the war. But the deal will do nothing about soaring budget deficits, rate cuts, inflation, or de-dollarization. Gold will keep rising.

Peter Schiff

10-07

Gold is at a new record high, trading above $3,975. That’s less than $25 away from $4,000. This is a clear warning that current Fed policy is wrong. The Fed needs to reverse course immediately, raise interest rates between meetings, and signal that more rate hikes are coming.

Peter Schiff

09-23

U.S. stocks are in a historic bear market that is far from over. Priced in gold (real money), the Dow Jones is down over 24% so far in 2025, 33% since the end of 2023, and 70% since 2000. The “bull” market is merely an illusion created by inflation. Gold exposes that illusion.

Peter Schiff

09-23

Thread

From 2011 until 2024, gold bugs watched Bitcoiners get rich while gold and silver and precious metals mining stocks traded sideways. Now gold bugs are getting rich while Bitcoin trades sideways. Soon gold bugs will get even richer as Bitcoiners go broke. Payback’s a bitch!

Peter Schiff

08-01

The May jobs report was revised from 144,000 to 19,000. The June jobs report was revised from 147,000 to 14,000. Yet when both reports were first released, they beat estimates. Wall Street celebrated, and Trump claimed credit. We now know both reports were actually huge misses!