Risk Assets Crash Tests Fed’s Resolve – Ep 770
The Peter Schiff Show Podcast
00:00
Bit Coin Is Down, Because Everything Is Not Down
We've now dropped just over 50 % from that level. We went the other way fast, and we have a long way to go. In fact, one of the most resting things about this decline is how complaisant everybody is,. There's no panic, there's no capitulation. Everybody is holding and hoping. Nobody is concerned because they've been so conditioned to expect this kind of action. The same people who were telling everybody to buy it because it was non correlated, are now telling them not to worry that it's going down. Severything is going down. And so why would you expect otherwise from bitcoin? When i hear people saying this on san b c, none
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