Safe Haven

Gold

when

<p>Peter Schiff never misses an opportunity to point out what he considers a digital illusion: bitcoin. And during this period when gold is reaching new heights, the economist has brought out the heavy artillery. For him, the 32% drop of BTC against gold since August is a sign of an imminent crash. But his speech, although enthusiastic for yellow metal fans, is not without contestation in the crypto sphere.</p>
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  <h2 class="in-brief--title" id="in-brief">In brief</h2>
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   <li>Schiff claims Bitcoin failed against gold, urging to sell it immediately.</li>
   <li>Gold surged to $4,357, boosted by geopolitical tensions and falling rates.</li>
   <li>Crypto analysts respond: Bitcoin and gold fulfill complementary roles in portfolios.</li>
   <li>Despite the decline, Bitcoin adoption advances, supported by institutions like BlackRock and Ripple.</li>
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<h2 id="h-quand-peter-schiff-jubile-l-or-brille-le-bitcoin-vacille">When Peter Schiff Rejoices: Gold Shines, Bitcoin Wobbles</h2>
<p>On October 16, <a href="https://www.cointribune.com/en/why-peter-schiff-is-betting-on-an-unstoppable-rise-in-the-price-of-gold-and-silver/" target="_blank" rel="noopener noreferrer nofollow">Peter Schiff</a> triumphantly tweeted: “<em>Gold is eating Bitcoin’s lunch. Bitcoin has fallen 32% against gold since its August peak. This Bitcoin bear market will be brutal. HODLers, sell your fake gold now and buy the real thing, or have fun going bankrupt</em>.”</p>
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<p>Meanwhile, gold hit <a href="https://www.reuters.com/world/china/gold-extends-record-rally-us-china-tensions-rate-outlook-2025-10-16" target="_blank" rel="noopener noreferrer nofollow">a new high at $4,318 an ounce</a>, supported by Sino-American tensions, Fed rate cut forecasts, and demand from central banks.</p>
<p>For Schiff, there is no doubt:&nbsp;</p>
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 <p><em>It’s not just a de-dollarization movement, but also a de-bitcoinization. Bitcoin failed the test as a viable alternative to the US dollar or digital gold. HODLers are in denial, and their refusal to accept reality will cost them dearly.</em></p>
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<p>According to him, hodlers live in denial. Yet this time, the numbers support him. Gold has surged over 64% since January, while bitcoin has only gained 16% over the same period.</p>
<h2 id="h-guerre-des-valeurs-refuges-l-or-explose-le-bitcoin-resiste">Safe Haven War: Gold Explodes, Bitcoin Resists</h2>
<p>But Schiff does not only have supporters. Under his posts, counterarguments abound. One notable one is from @BTCPeakHub, who recalls that despite volatility, bitcoin reached $126,198 in early October. “<em>It’s not a “failure”. It’s just Bitcoin being Bitcoin.</em>“</p>
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<p>Others also recall historical performance. Alex Stanczyk notes, for example, that he bought gold at $650 in 2007, allowing him a 521% gain. But he highlights that an equivalent investment in bitcoin over the same period would have generated a return of 174 million percent. Even over the last five years, the gain still reaches 1,003%. He refers to an article in which he defends complementarity between the two assets.</p>
<p>Deep down, this is where the real debate lies. Gold remains the ultimate safe-haven asset, driven by market fear and low rate policies. But bitcoin, as an emerging asset, attracts a new generation of investors. It also remains the heart of blockchain innovation.</p>
<p>Schiff’s dislike for bitcoin is therefore double-edged. Because every time he predicts its fall, a spectacular rebound seems to prove him wrong… Until proven otherwise.</p>
<h2 id="h-or-massif-contre-bitcoin-volatil-5-faits-qui-changent-la-donne">Massive Gold vs Volatile Bitcoin: 5 Facts Changing the Game</h2>
<p>One of the hottest debates is about overall valuation. Gold and bitcoin don’t play in the same field.</p>
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<p>Here are some key numbers to remember:</p>
<ul>
 <li>Gold reached a historic market cap of $30 trillion, 14.5 times that of bitcoin;</li>
 <li>In just one week, gold added $300 billion to its capitalization, equivalent to BTC’s market cap;</li>
 <li>The <a href="https://www.cointribune.com/en/crypto-markets/bitcoin-btc-en/" target="_blank" rel="noopener noreferrer nofollow">bitcoin price</a> fell 32% against gold since the August 2025 peak;</li>
 <li>Yet, the number of addresses holding BTC increased, rising from 6.99 to 7.07 million in a few days;</li>
 <li>Institutions like BlackRock and US Bancorp continue investing in crypto infrastructure.</li>
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<p>In response, some analysts claim gold could soon reach $5,000 if geopolitical tensions persist. But they do not rule out a capital rotation towards bitcoin if yellow metal weakens.</p>
<p>So, should one bet everything on gold? Or be patient with bitcoin?</p>
<p>Peter Schiff might be right in the short term, but many believe he is wrong once again. The new gold peak could well, according to some analysts, <a href="https://www.cointribune.com/en/golds-new-peak-sets-stage-for-bitcoins-next-big-move/" target="_blank" rel="noopener noreferrer nofollow">announce bitcoin’s next big surge</a>. Between current reality and future potential, the match between the two assets is just beginning.</p>

Bitcoin loses 32% against gold, Schiff predicts a collapse

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