Peter Schiff goes off the rails after Bitcoin surge.

Peter Schiff long time gold advocate goes off the rails today as Bitcoin prices surged more than 10% today.

We are advocates of buying gold, silver and other precious metals, but this just makes Schiff look desperate. Anyone who trades gold or silver stocks knows by now that the precious metals are manipulated in a way to keep the prices suppressed. Could this change? Sure, but for now it remains as it always was.

The ultimate question is who will get the last laugh? We saw that Coinbase had “technical troubles” and went down mid-day which caused Bitcoin to drop close to $ 5,000 dollars in just minutes. Crypto remains subject to cyber issues and potential cyber-attacks whereas precious metals you can store in the comfort of your own home.

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