“Only fools are choosing Bitcoin” over gold, according to renowned gold proponent Peter Schiff. In a March 24 tweet, Schiff expressed his negative view of the intellectual capabilities of Bitcoin (BTC) investors. He wrote: “Only fools are choosing Bitcoin. So far this year gold is up over 7%, while Bitcoin is down 3%. Gold is only 2% from its 2020 high, while Bitcoin is 35% below its 2020 high!” Schiff also pointed out that during the 2008 financial crisis, gold fell by about 25% and reached a new high in seven months. Based on that, he made his prediction: “During the 2008 financial crisis, gold fell about 25% and ... (full story)