Well now, if it ain’t Peter Schiff, the gold enthusiast with a flair for the prophetic! He once prophesied that should silver take off like a bird, the poor little bitcoin would find itself six feet under. And lo and behold, here we are, witnessing a bit of that prophecy come to life! Silver has soared to heights above $108, while Bitcoin appears to be stuck in the mud, not even bothering to wiggle its little toes.
Peter Schiff’s Spot-On Silver & Bitcoin Prediction
Now, Peter Schiff, who fancies himself quite the expert on shiny metals, has been yapping about the rise of precious metals and the stagnation of bitcoin for what feels like eons. The recent bull run in silver and gold has certainly added some fuel to his already roaring fire.
Just the other day on social media, our dear friend Peter declared:
“What’s happening with silver is about to happen with Bitcoin, only in reverse. Silver’s spectacular rise will usher in Bitcoin’s catastrophic collapse. Don’t say I didn’t warn you.”
Good gracious! Silver has taken off like a cat on a hot tin roof, climbing over 53% this year and hitting record prices of over $111.27 during Monday’s session, before settling down to a respectable $108.21 as I write this. It’s enough to make a man dizzy!
Even though there was a little hiccup in trading, it seems folks are still feeling pretty chipper, especially since the markets in Shanghai are selling silver at a handsome premium, with prices peeking at $130. Why, it’s like a silver party over there!
And let’s not forget about gold, which has recently crossed the $5,000 threshold for the very first time in history-talk about breaking the bank! On Monday, March futures even flirted with $5,093.90. Gold is strutting its stuff, up nearly 17% year-to-date, while Bitcoin sits idly by, twiddling its thumbs.
Now, while bitcoin hasn’t quite plummeted into the abyss yet, it’s been moving sideways like a tortoise in a race-failing to break that pesky $100K barrier this year, despite all the hoopla coming from the Trump administration and their grand plans for market regulation.
On January 23rd, when silver finally breached the $100 mark, Peter took the liberty of poking fun at bitcoin holders for not swapping their BTC for silver when they had the chance. “Had they done that, they’d have nearly four times their money today. The good news is, it’s not too late to make the trade,” he emphasized.
FAQ
-
What has Peter Schiff predicted about bitcoin and precious metals?
Schiff insists that silver’s rise will herald a downturn for bitcoin, suggesting we’re on the brink of a major market shift. -
How has silver performed recently?
Silver has surged more than 53% year-to-date and hit record prices exceeding $111.27 per ounce. It’s practically gleaming! -
What recent milestone has gold achieved?
Gold has crossed the $5,000 mark for the first time, reaching highs around $5,093.90. Now that’s what I call striking gold! -
How is bitcoin currently performing compared to precious metals?
Bitcoin has been struggling to surpass the $100,000 threshold this year, moving sideways while enjoying considerable backing from the Trump administration. It’s like watching a snail in a race!
Read More
- Silver Rate Forecast
- Gold Rate Forecast
- USD RUB PREDICTION
- EUR UAH PREDICTION
- USD TRY PREDICTION
- Brent Oil Forecast
- USD IDR PREDICTION
- New ETF: Bitcoin and Gold Tango to Save Your Wallet from Currency Woes!
- SEI’s Suicide Dive to $0.20! 🚀😱 Or the Greatest Trick Since Woland Came to Moscow?
- XRP ETF: Will Crenshaw’s Stubborn Soul Crush Crypto Dreams? 😱
2026-01-27 15:12