Skip to content

News / Archive

All Time Low

Peter Schiff: Bitcoin Could See a 10x Drop in 5 Years

Peter Schiff, a gold backer, suggests gold has a better chance than Bitcoin to deliver a 10x return over the next five years. Schiff, who has criticized Bitcoin, believes gold's value is more secure due to central banks holding it as a reserve asset. However, he also notes that gold's price has dipped to around $4,085 per ounce, down from its recent rally.

More All Time Low