Schiff Claims Fed Lost Inflation Battle, Debates Bitcoin vs Gold
Peter Schiff argues the bond market broke in 2020 and the Fed has lost the inflation fight, while debating Bitcoin's value against gold.
Peter Schiff argues the bond market broke in 2020 and the Fed has lost the inflation fight, while debating Bitcoin's value against gold.
Fed hikes rate to 4%; 16 of 18 officials see further increase. Bitcoin spiked then fell, gold sold off after the decision.
Morgan Creek Capital CEO Mark Yusko says bitcoin's fair value is $105,000, making it 'on sale' at $75,701 and a good accumulation opportunity.
European markets steady before Fed decision, with oil and bond yields easing.
Gold traders await the FOMC decision, with focus on Dot Plot and Middle East developments.
Gold futures hold near-term bullish advantage above $4,350 as traders await the Fed decision, with key resistance at $4,382 in focus.
Raoul Pal says Bitcoin outperforms gold as a hedge against currency debasement, citing its earlier adoption stage and higher growth potential.
Strive CEO Matt Cole forecasts roughly 50% annual Bitcoin returns into 2030, citing macro trends in the dollar and Treasury rates.
Robert Kiyosaki says the biggest stock and bond crash has begun, tying it to predictions from his 2002 book.
Strike CEO Jack Mallers says US debt-to-GDP over 120% points to inflation, cites Japan's example, and sees Bitcoin as the best hedge.
Gold is pressured ahead of the FOMC decision as markets focus on the dot plot and oil prices.
A Pentagon Inspector General report confirms the Iran war has strained US munitions stockpiles, contradicting administration denials and adding to market…
Gold pulled back to retest key $4,250 support after hitting an August high, with the September 14 low at $4,253.58. A close above the downtrend line could…
Gold prices have fallen below $4,300, with a break of technical support levels potentially triggering a deeper selloff before the Fed decision.
The FCA plans to propose exempting tokenized gold from fund rules, potentially boosting London's gold market competitiveness.