Kitco News, Released on 8/10/22
For Part 1 of this interview, CLICK HERE
Bitcoin is unlikely to retrace its past highs of $69,000 a coin, says Peter Schiff, chief market strategist of Euro Pacific Asset Management. Schiff spoke with David Lin, Anchor for Kitco News.
0:00 – Bitcoin is a sinking ship
5:00 – MicroStrategy
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron’s, BusinessWeek, Time and Fortune. His broadcast credits include regular guest appearances on CNBC, Fox Business, CNN, MSNBC, and Fox News Channel, as well as hosting his own weekly radio show, Wall Street Unspun. He’s also the author of the bestselling books: Crash Proof 2.0, The Little Book of Bull Moves in Bear Markets:, and The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country.