Gold Bug Peter Schiff Says He Wishes He'd Bought Bitcoin in 2010 [Yahoo! Finance]
U.S. Gold Corp. (USAU)
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Source: Yahoo! Finance
Despite his long-standing criticism and comparing bitcoin to "tulip mania 2.0," Schiff said he would have invested solely for the potential profit, likening it to a gamble rather than a "genius" move. One of bitcoin's {{BTC}} staunchest critics said he wished he'd bought some regardless of his belief in its long-term thesis. Peter Schiff, a prominent stockbroker and gold investor, recently said he'd looked at bitcoin back in 2010 – when it was valued around a few dollars – but didn't see the investment value at the time. The largest cryptocurrency is currently trading around $73,000. Schiff had predicted bitcoin's decline in a 2014 interview with CoinDesk and likened it to “ tulip mania 2.0 ” in a 2013 CNBC interview. He hasn't changed his stance since, but wouldn't have shied away from investing given the potential for profit. “Do I wish I had made the decision to have thrown $10,000, $50,000, $100,000 into it?” Schiff said on an Impact Theory podcast on Wednesday in a debat
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News
- U.S. Gold Corp. Closes $4.9 Million Non-Brokered Registered Direct Offering [Yahoo! Finance]Yahoo! Finance
- U.S. Gold Corp. Closes $4.9 Million Non-Brokered Registered Direct OfferingPR Newswire
- U.S. Gold Corp. Annual General Meeting (AGM) Being Held on April 26, 2024 [Yahoo! Finance]Yahoo! Finance
- U.S. Gold Corp. Annual General Meeting (AGM) Being Held on April 26, 2024PR Newswire
- U.S. Gold Corp Chairman Discusses New Funding and Upcoming Mining Permit [Yahoo! Finance]Yahoo! Finance
USAU
Analyst Actions
- 3/1/24 - HC Wainwright
USAU
Sec Filings
- 4/23/24 - Form DEFA14A
- 4/23/24 - Form SCHEDULE
- 4/19/24 - Form 8-K
- USAU's page on the SEC website