Peter Schiff Shrugs At Gold’s Drop But Warns Bitcoin Can’t Handle The Same

• Gold’s slide off record highs looks like a momentum reset with support building near $4,000, Schiff said.
• He warned that crypto doesn’t get the same cushion because ETF-style selling and borrowed BTC can accelerate declines.
• Strong metal prices still help miners, tokenized gold and non-U.S. dividend plays in a softer-dollar backdrop.

Gold’s run stalled this week, but Peter Schiff said the move was a clean reset inside a strong uptrend, not the start of a reversal. He pointed to support forming near $4,000 and said fast drops like this flush leveraged late buyers so the trend can keep climbing. 

He also drew a line to crypto, arguing that the same kind of pullback in Bitcoin or in spot-style products usually gets amplified by ETF redemptions and loan liquidations, which makes digital assets more fragile than bullion on bad days.

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