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The Most Obvious Crisis Almost No One Saw Coming – Ep 769

The Peter Schiff Show Podcast

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Bitcoin Trusts Are Down 52 %, a New Low

Shares of the gray scale bit coin trusts got killed again to day, down six and a half %, a new low. The shares are now down about 52 % from last year's high. If you're bullish on bit coin, it makes no sense to buy it. Just buy the gray scale trust. But ultimately, i think the discount is going to narrow, not because thegray scale trust goes up, but because bit coin comes crashing down.

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