GOLD - Peter Schiff Takes A Jab At Mark Cuban For Choosing Bitcoin Over Gold: 'This Shark Is Swimming In The Wrong Tank' | Benzinga
Gold proponent Peter Schiff on Monday took a dig at entrepreneur Mark Cuban for preferring Bitcoin (CRYPTO: BTC) over gold.
What Happened: On a day when gold prices soared to record highs, seeing a $33 climb during U.S. market hours, Schiff took a dig at the limited media attention given to gold.
Gold prices, tracked by the SPDR Gold Trust GLD, edged above $2,110 per troy ounce on Monday.
According to Schiff, ‘Shark Tank' host Cuban said he was not investing in gold. Cuban’s preference leaned decisively towards Bitcoin, as he said that he “chooses Bitcoin over gold every day.”
"Despite gold’s $33 rise today, hitting its highest price ever during U.S. trading hours, the only time I heard [gold] mentioned on [CNBC] was when [Mark Cuban] said he wasn’t buying any. He boasted that he “chooses [Bitcoin] over gold every day.”
“This shark is swimming in the wrong tank," Schiff posted on X.
Despite gold's $33 rise today, hitting its highest ...