Renowned economist and market commentator Peter Schiff warned in an interview aired Thursday of an impending dollar crisis that could crush Bitcoin’s (CRYPTO: BTC) value, while promoting precious metals such as gold and silver as reliable investments.
A Looming Crisis Like The 2008 Meltdown?
Speaking on the Randi Hipper Show, Schiff said that the economy is “getting closer” to a dollar crisis and described gold and silver’s surge as a “harbinger” of the brewing storm.
“I think what’s happening in gold and silver now reminds me of what happened to subprime in 2007,” Schiff said, referring …Full story available on Benzinga.com
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