Peter Schiff: "Gold and silver are truly safe assets compared to Bitcoin"

2026-01-24 01:31:04

Source: DigitalToday Original Title: Peter Schiff “Gold and Silver Are Real Safe Assets Compared to Bitcoin” Original Link: Economist Peter Schiff has sent a warning message to Bitcoin investors. He argued that while gold and silver are reaching record highs, Bitcoin is failing to fulfill its role.

Schiff stated, “Bitcoin holders are experiencing significant losses,” and pointed out that “as gold and silver emerge as safe assets, Bitcoin is not generating the returns expected.” In fact, gold recently surged to $4,967 per ounce, and silver reached $99.24, setting new records. Meanwhile, Bitcoin is currently trading in the $89,000 range, down about 30% from its all-time high.

Schiff emphasized that the biggest risk of Bitcoin is not a short-term crash but ‘opportunity cost.’ Investors tied up in Bitcoin have missed out on greater profits from gold and silver. He added, “Bitcoin has fallen more than 50% compared to gold, not just the dollar,” and stressed that “this is a problem investors should not overlook.”

Additionally, Schiff criticized Bitcoin for not fulfilling its role as ‘digital gold.’ While gold has surged, Bitcoin has shown a downward trend, losing trust as a safe asset. He warned, “If Bitcoin continues to underperform, a major market correction will eventually occur.”

As financial markets show volatility, Peter Schiff’s claims offer another perspective for investors. It remains to be seen whether Bitcoin can become a true safe asset and whether gold and silver will regain investor interest.

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