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Gamza Khanzadaev

Peter Schiff Says QE's Return Boosts Gold and Silver While Bitcoin Loses Its Hedge Appeal

As the Federal Reserve resumed buying Treasuries and expanded its balance sheet, Peter Schiff argued that the market response exposed Bitcoin's weakness as a supposed inflation hedge. He highlighted that gold gained more than $50 to move back above $4,325, silver traded above $64, and mining stocks advanced, while Bitcoin fell alongside other risk assets instead of attracting safe-haven capital. Citing Bitcoin's drop of over 30% from its October peak near $120,000 and its subsequent technical rebound, Schiff claimed the market is no longer treating BTC as "digital gold" amid renewed quantitative easing.
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