Schiff: Bitcoin vs. GoldYouTube
Nov. 24, 2013
Trump: DREAMers Should 'Rest Easy'; Prosecuting Assange 'OK With Me'
Netherlands: Police Shoot Knifeman Screaming 'Allahu Akbar'
Report: Bannon Warned Ailes Megyn Kelly Was 'The Devil,' 'She Will Turn On You'
Obama Interferes In French Election To Stop Populist Marine Le Pen
Marine Le Pen: Restore France's Borders And Expel Foreigners On Watch Lists
With the surging popularity of Bitcoin, Peter Schiff sees another bubble in the making. Peter explains why Bitcoin is not "gold 2.0" but fool's gold. It's modern day alchemy and you are assuming significant risks by "investing" in it. Like a pyramid scheme, many early adapters will profit from bitcoin, but those profits will come at the expense of the losses suffered by those who adapt later.