Crypto Voices
Crypto Voices
Matthew Mezinskis
PE71: How long has Peter Schiff been BEARISH???
18 minutes Posted May 19, 2023 at 2:41 pm.
Intro
Peter's bearish stance
Gold on left, Bitcoin on right
2011 comments
2013 comments
2014 comments
2015 comments
2016 comments
2017 comments
2018 comments
2019 comments
2020 comments
2021 comments
2022 comments
2023 comments
Gold & Bitcoin trendlines
Trend growth rates
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18:57
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Show notes
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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
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.