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Economist Peter Schiff Explains Why Bitcoin and Gold Are up This Year — ‘They’re Rising for Opposite Reasons’

January 24, 2023

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Peter Schiff Explains Why Bitcoin and Gold Are Rising

Gold bug and economist Peter Schiff has shared his view on why bitcoin and gold are going up this year. Schiff is the founder and current chairman of Schiffgold, a precious metals dealer specializing in gold and silver bullion. He has long been a bitcoin skeptic, regularly bashing the crypto while promoting gold. He tweeted Monday:

“Both gold and bitcoin are up in 2023, but they’re rising for opposite reasons.”

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