PE71: How long has Peter Schiff been BEARISH???

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This is the seventy-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.

Contents

00:00 Intro

00:21 Peter's bearish stance

01:28 Gold on left, Bitcoin on right

02:20 2011 comments

02:39 2013 comments

03:40 2014 comments

04:39 2015 comments

05:23 2016 comments

06:09 2017 comments

08:46 2018 comments

09:42 2019 comments

10:15 2020 comments

10:53 2021 comments

12:31 2022 comments

13:03 2023 comments

14:39 Gold & Bitcoin trendlines

16:09 Trend growth rates

Here I review gold investor Peter Schiff's thirteen-year bearish comments on Bitcoin the monetary system and the price of bitcoins. His consistency is quite remarkable, in light of continuous Bitcoin dominance over gold.

I close it with analyzing the 83% R-squared exponential trendline for gold's price, and comparing that with the 95% R-squared power trendline for the price of bitcoins.

Gold's trend only grows at 9% per year (doubles every 8 years), Bitcoin's at 125% (doubles every 0.8 years).

Prior videos with further info:

Gold original exponential explainer: https://www.youtube.com/watch?v=oFRkS2_ylec

Bitcoin original power explainer: https://www.youtube.com/watch?v=FU2P_jJwVZ0

Host: Matthew Mezinskis

https://porkopolis.io

https://twitter.com/crypto_voices

Show content is not investment or financial advice in any way.