Is the Bitcoin Game about to Stop? – Ep 649

The Peter Schiff Show Podcast - A podcast by Peter Schiff

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* 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