Peter Schiff Says Bitcoin’s Bear Market Looks ‘Far More Ferocious’ When Compared With Gold, Is A Structural Shift Underway?
Posted On November 17, 2025
Economist Peter Schiff contrasted the superior performance of gold with that of Bitcoin (CRYPTO: BTC) on Sunday, advising his followers to rotate into the yellow metal before getting “mauled.”
‘Sell Bitcoin, Buy Gold’
Schiff noted that gold had surpassed $4,100 in early Asian trading, while Bitcoin was struggling to hold on to $93,000.
The leading cryptocurrency was down 24.50% from its all-time high. But Schiff added that when compared to gold, the bear market appears “far more ferocious.”
“Sell Bitcoin now and buy gold before you get mauled,” the longtime cryptocurrency critic advised his followers.