Is the Bitcoin Game about to Stop? – Ep 649

  • Big gains in the most heavily shorted stocks like Game Stop.

  • Robinhood traders buying Game Stop think they’re smarter than the hedge funds shorting it. 

  • Markets can stay irrational longer than you can stay solvent.

  • In the short-run, stocks are a voting machine. In the long-run, stocks are a weighing machine.

  • Price is what you pay. Value is what you get.

  • When it comes to bubbles, the markets first bankrupt everyone who bet against them, and then bankrupts everyone who bet on them.

  • Premium for Grayscale Bitcoin Trust is collapsing along with the demand.

  • If you’re at the poker table and you don’t know who the patsy is, it’s you.

Free $75 credit to upgrade your post at https://Indeed.com/peter. Terms and conditions apply. Offer valid through March 31, 2021.

Invest like me: https://schiffradio.com/invest

RATE AND REVIEW the Peter Schiff Show Podcast on Facebook.

SIGN UP FOR MY FREE NEWSLETTER: https://www.europac.com/
Schiff Gold News: http://www.SchiffGold.com/news
Buy my newest book at http://www.tinyurl.com/RealCrash

Follow me on Facebook: http://www.Facebook.com/PeterSchiff
Follow me on Twitter: http://www.Twitter.com/PeterSchiff
Follow me on Instagram: https://instagram.com/PeterSchiff