The economist Peter Schiff, who is unfriendly to Crypto Assets, posted on the X platform that gold prices have hit a historic high again, exceeding $3,080 per ounce. Meanwhile, millions of young Americans let this "high-speed train" pass them by, choosing instead to follow Bitcoin. If gold prices reach $5,000, it could pump Bitcoin prices down to $10,000, a 95% drop from the peak gold prices in 2021.
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The economist Peter Schiff, who is unfriendly to Crypto Assets, posted on the X platform that gold prices have hit a historic high again, exceeding $3,080 per ounce. Meanwhile, millions of young Americans let this "high-speed train" pass them by, choosing instead to follow Bitcoin. If gold prices reach $5,000, it could pump Bitcoin prices down to $10,000, a 95% drop from the peak gold prices in 2021.