PE71: How long has Peter Schiff been BEARISH???

<p>Check out show sponsor Coinkite: https://coinkite.com/</p> <p>Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/</p> <p><br></p> <p>This is the seventy-first video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast, Matthew Mezinskis.</p> <p><br></p> <p>Contents</p> <p>00:00 Intro</p> <p>00:21 Peter&#39;s bearish stance</p> <p>01:28 Gold on left, Bitcoin on right</p> <p>02:20 2011 comments</p> <p>02:39 2013 comments</p> <p>03:40 2014 comments</p> <p>04:39 2015 comments</p> <p>05:23 2016 comments</p> <p>06:09 2017 comments</p> <p>08:46 2018 comments</p> <p>09:42 2019 comments</p> <p>10:15 2020 comments</p> <p>10:53 2021 comments</p> <p>12:31 2022 comments</p> <p>13:03 2023 comments</p> <p>14:39 Gold &amp; Bitcoin trendlines</p> <p>16:09 Trend growth rates</p> <p><br></p> <p>Here I review gold investor Peter Schiff&#39;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.</p> <p><br></p> <p>I close it with analyzing the 83% R-squared exponential trendline for gold&#39;s price, and comparing that with the 95% R-squared power trendline for the price of bitcoins.</p> <p><br></p> <p>Gold&#39;s trend only grows at 9% per year (doubles every 8 years), Bitcoin&#39;s at 125% (doubles every 0.8 years).</p> <p><br></p> <p>Prior videos with further info:</p> <p>Gold original exponential explainer: https://www.youtube.com/watch?v=oFRkS2_ylec</p> <p>Bitcoin original power explainer: https://www.youtube.com/watch?v=FU2P_jJwVZ0</p> <p><br></p> <p>Host: Matthew Mezinskis</p> <p>https://porkopolis.io</p> <p>https://twitter.com/crypto_voices</p> <p><br></p> <p>Show content is not investment or financial advice in any way.</p>