©Reuters
Investing.com – While Gold affirmed its rise above $2,000 yesterday, marking a peak at $2,018 per ounce, Bitcoin showed a slight decline, a divergence which was noted by the economist Peter Schiff in messages posted on X.
Referring to a CNBC show during which the host discussed the fall in gold and oil, Schiff pointed out that he failed to mention that gold was on the rise.
In a subsequent tweet, he then claimed that “a gold breakout could coincide with a fall in Bitcoin”. He indeed estimated that “this makes sense as Bitcoin supporters used the failure of Gold (to go above $2000) to promote Bitcoin as a supposed digital alternative”.
However, he also cautioned “that once the real thing starts performing, there is no need to rely on a mediocre imitation.”
However, this is not the opinion of the famous author of the book Rich Dad Poor Dad, Robert Kiyosaki, who also recently mentioned the rise in gold, stressing that it is “very good news”, taking the opportunity to advise investors to “get out of the FALSE (fiat) money system” and buy “gold, silver and Bitcoin now…before it’s too late”.
Unlike Schiff, Kiyosaki therefore continues to put Gold and Bitcoin in the same bag.