Schiff Predicts Gold’s Rise Amid Fed Rate Cuts, Challenges Bitcoin’s Stability

Economist Peter Schiff predicts that gold will benefit from the Federal Reserve’s potential interest rate cuts, suggesting it may outperform Bitcoin during economic downturns. Schiff argues that gold provides a more stable hedge against inflation compared to the volatile cryptocurrency market. This prediction comes amidst significant outflows for Bitcoin ETFs, which have lost $871.6 million due to recent market volatility. Schiff’s analysis aligns with broader economic uncertainty driven by tariffs and financial policies, while his critique of the U.S. Strategic Bitcoin Reserve raises further debate within financial circles.