Peter Schiff Says What’s Happening Now In Gold, Silver A ‘Harbinger’ Of Brewing Financial Storm: ‘Not A Positive For Bitcoin’

Renowned economist and market commentator Peter Schiff warned in an interview aired Thursday of an impending dollar crisis that could crush Bitcoin’s (CRYPTO: BTC) value, while promoting precious metals such as gold and silver as reliable investments.

A Looming Crisis Like The 2008 Meltdown?

Speaking on the Randi Hipper Show, Schiff said that the economy is “getting closer” to a dollar crisis and described gold and silver’s surge as a “harbinger” of the brewing storm.

“I think what’s happening in gold and silver now reminds me of what happened to subprime in 2007,” Schiff said, referring …

Full story available on Benzinga.com