Peter Schiff criticizes the US Bitcoin Reserve and advocates for gold as a safer investment.
Schiff points out that the Bitcoin Reserve has suffered a 12% loss since its creation in March 2025, while gold has experienced slight price gains over the same period.
He argues that if the US had chosen gold over Bitcoin for its reserve, it would have avoided the 12% loss and seen a 2% gain.
Schiff raises concerns about the US economy and warns that the country could face its worst economic downturn since the Great Depression due to factors such as President Trump's tariff policies.