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#1156 Peter Schiff On The Fed, Interest Rates, Labor Market, Gold, & Bitcoin
The Pomp Podcast
What Is the Value of Gold?
Bitcoin is down about 65% from the all time high in Q4 of 2021. It's down about 50ish percent or so over the last 12 months. You don't measure a store value based on price because you can't store price. Bitcoin doesn't have any use other than the fact that I can buy and sell it. But apart from that, there's absolutely nothing you can do with it.
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