Peter Schiff Revealed What is The Best Trade Option at the Moment
Famed financial commentator and economist Peter Schiff — often referred to as “Dr. Doom” for his prescient call ahead of the 2008 financial crisis — is once again sounding the alarm on Bitcoin.
This time, he’s urging investors to dump their BTC holdings entirely and pivot into what he says is the most undervalued sector in today’s market: gold mining stocks.
Bitcoin Too Risky, Gold Just Getting Started
In a post on social media earlier today, Schiff argued that Bitcoin is “the epitome of risk assets,” saying the recent pullback in BTC proves the cryptocurrency is vulnerable in a tightening macro environment. Meanwhile, gold — long considered a safe haven — continues to surge.
“Bitcoin is selling off as gold repeatedly breaks to new record highs,” Schiff wrote. “This is just the beginning. The best trade you can make right now is selling all your Bitcoin and loading up on gold mining stocks.”
A Familiar Narrative, A Shifting Landscape
Schiff has been one of Bitcoin’s most prominent critics since the early days of crypto adoption, often clashing with industry figures like Michael Saylor and Anthony Pompliano. Despite Bitcoin’s strong gains in recent years, Schiff maintains that gold will ultimately prove to be the real winner as global liquidity tightens and market volatility grows.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a "detective-like" mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
