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As Bitcoin Soars, Peter Schiff Offers Gold as the Prudent Alternative

With bitcoin climbing over 50% in the past month, the notable gold aficionado and economist Peter Schiff has thrown shade at the market’s recent rally. Schiff argues that this uptick in value is nothing but “speculative...

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As Bitcoin Soars, Peter Schiff Offers Gold as the Prudent Alternative
With bitcoin climbing over 50% in the past month, the notable gold aficionado and economist Peter Schiff has thrown shade at the market’s recent rally. Schiff argues that this uptick in value is nothing but “speculative mania” and advises folks to funnel their risky investments into gold instead. Schiff Warns of Speculative Mania in Bitcoin, […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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