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.
https://www.facebook.com/PeterSchiff/reviews/

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

Privacy & Opt-Out: https://redcircle.com/privacy