Gold Is Wealth, Bitcoin Is Not

Losing the private key to your Bitcoin wallet is not the same thing as forgetting where you buried your gold. When gold is lost the world loses something -- the potential use of that gold as a metal. When Bitcoin is lost the world loses nothing. Gold is wealth. Bitcoin is not.

The Bitcoin Bubble

Talking about the Bitcoin bubble with Liz Claman, Host of FOX Business Network's The Claman Countdown:

Peter Schiff Bursts The Bitcoin Bubble

COVID Stimulus Will Be Paid For By Inflation

I agree with Jeremy Siegel that bondholders will suffer losses as COVID stimulus is paid for by inflation, but disagree with his assessment of how much it will cost. Inflation will be much higher, and the losses far greater than he thinks.