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Schiff has issued a fresh warning for Bitcoin HOLDERS as gold and silver continue to surge. Economist and long-time Bitcoin skeptic Peter Schiff has urged investors to abandon digital assets in favor of physical commodities. 'Big moves are coming in precious metals and Bitcoin. Investors need to prepare. For gold and silver, that means buying more physical metal and loading up on still incredibly undervalued mining stocks,' he said. He claims that Bitcoin holders have to sell now before the next 'crash.' Earlier this week, he also opined that there was a huge sucker’s rally in Bitcoin, dismissing the cryptocurrency's recent gains. When asked why anyone would buy Bitcoin instead of gold or silver, he simply implied the choice made little sense in an uncertain macro world. In another reply, he also took a shot at Saylor's Strategy, noting that the stock trades at a discount to its Bitcoin holdings, 'the more Bitcoin you buy, the more MSTR’s share price should fall.' 'That’s a big mistake, and savvy traders should take advantage by buying mining stocks and selling Bitcoin and MSTR,' Schiff said. Earlier this week, the price of the leading cryptocurrency spiked to an intraday high of $97,939 on Jan. 14. However, it has since retraced its gains.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
