Economist Peter Schiff Sees 'A Silver Lining' As Gold Plummets, While Investors Rush To Snap Up Bitcoin Gains: 'Typically...Silver Would Be Down Twice As Much'
Economist Peter Schiff Sees 'A Silver Lining' As Gold Plummets, While Investors Rush To Snap Up Bitcoin Gains: 'Typically...Silver Would Be Down Twice As Much'
As cryptocurrency prices hover around record levels, investors have been keen on adding them to their portfolios. This is evident by the rise in various Bitcoin (CRYPTO: BTC) ETF levels. However, gold prices have declined by nearly 1% in the morning hours as cryptocurrency prices surged. While silver prices have been down too, Peter Schiff, the chairman of SchiffGold.com and chief economist and global strategist at Europac.com suggests that investors should go for silver over Bitcoin as the precious yellow metal declines.
随着加密货币价格徘徊在创纪录的水平附近，投资者一直热衷于将其添加到他们的投资组合中。各种比特币（加密货币：BTC）ETF水平的上升就证明了这一点。但是，由于加密货币价格的飙升，黄金价格在上午下跌了近1％。尽管白银价格也有所下跌，但SchiffGold.com董事长兼Europac.com首席经济学家兼全球策略师彼得·希夫建议，随着贵金属的下跌，投资者应该选择白银而不是比特币。
What Happened: Schiff suggests that "typically" silver prices should drop to about half the rate of gold. However, with silver prices holding steady amid market fluctuations, he views this resilience as a "silver lining." Schiff believes this unusual performance makes silver an attractive investment alternative to Bitcoin and gold ETFs, given its relative stability in the current market.
发生了什么：希夫建议，“通常” 白银价格应降至黄金价格的一半左右。但是，由于白银价格在市场波动中保持稳定，他将这种弹性视为 “一线希望”。希夫认为，鉴于白银在当前市场中的相对稳定，这种不寻常的表现使白银成为比特币和黄金ETF的有吸引力的投资替代品。
Also read: Bitcoin Blasts Through $88,000 As Market 'Euphoria,' Regulatory Optimism Take Hold
另请阅读：随着市场 “欣快感”，监管乐观情绪扎根，比特币突破88,000美元
Why It Matters: Comparing the ETFs of all three assets, we see that gold and silver ETFs have underperformed bitcoin ETFs. Gold spot rates (NASDAQ:XAU) were down 1.05% at $2,591.34 per ounce, Silver spot rates (NASDAQ:XAG) were down by 1.25% at $30.30 per ounce and Bitcoin (CRYPTO: BTC) trading at $87,504.28 per coin at the time of publication.
为何重要：比较所有三种资产的ETF，我们发现黄金和白银ETF的表现低于比特币ETF。在发布之时，黄金现货利率（纳斯达克股票代码：XAU）下跌1.05％，至每盎司2591.34美元，白银现货利率（纳斯达克股票代码：XAG）下跌1.25％，至每盎司30.30美元，比特币（加密货币：BTC）交易价格为每枚硬币87,504.28美元。
Also read: Here's How Much $100 In Dogecoin Today Could Be Worth If DOGE Hits New All-Time Highs
另请阅读：如果DOGE创下历史新高，今天的100美元狗狗币可能值多少钱
The iShares Bitcoin Trust (NASDAQ:IBIT) was up by 13.5% as of Monday's close. Additionally, the Fidelity Wise Origin Bitcoin Fund (BATS:FBTC) and the Grayscale Bitcoin Trust (NYSE:GBTC) ETFs rose by 13.4% on Monday, as per Benzinga Pro data.
截至周一收盘，iShares比特币信托基金（纳斯达克股票代码：IBIT）上涨了13.5％。此外，根据Benzinga Pro的数据，富达Wise Origin比特币基金（BATS: FBTC）和灰度比特币信托基金（纽约证券交易所代码：GBTC）ETF周一上涨了13.4％。
According to Benzinga Pro, Franklin Responsibility Sourced Gold ETF (NYSE:FGDL) declined 2.25% as of Monday's close, whereas the SPDR Gold MiniShares Trust (NYSE:GLDM) was down by 2.35% on the same day. iShares Gold Trust Micro Shares (NYSE:IAUM) declined by 2.39% on Monday.
根据Benzinga Pro的数据，富兰克林责任源黄金ETF（纽约证券交易所代码：FGDL）截至周一收盘时下跌2.25％，而SPDR黄金迷你股信托基金（纽约证券交易所代码：GLDM）同日下跌2.35％。iShares Gold Trust微型股票（纽约证券交易所代码：IAUM）周一下跌2.39％。
Also Read: Gold ETF Hit With $1 Billion Outflow: Investors Dump Safe Haven Asset After Trump Win
另请阅读：黄金ETF流出10亿美元：特朗普获胜后，投资者抛售避险资产
While the gold ETFs fell by over 2% on Monday, silver ETFs were down too. As per Benzinga Pro data, iShares Silver Trust (NYSE:SLV) was down 1.79% on Monday. Similarly, Global X Silver Miners ETF (NYSE:SIL) and Amplify ETF Trust Amplify Junior Silver Miners ETF (NYSE:SILJ) were down by 4.39% and 5.77% as of Monday's close.
尽管周一黄金ETF下跌了2％以上，但白银ETF也下跌了。根据Benzinga Pro的数据，iShares Silver Trust（纽约证券交易所代码：SLV）周一下跌了1.79％。同样，截至周一收盘，Global X Silver Miners ETF（纽约证券交易所代码：SIL）和Amplify ETF Trust Amplify Junior Silver Miners ETF（纽约证券交易所代码：SILJ）下跌了4.39％和5.77％。
Also read: Why Trump's Win Has 2 Market Experts Betting On Small Caps, Financials
另请阅读：为什么特朗普的胜利让两位市场专家押注小盘股和金融股
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