News list for "peter ship"
Peter Schiff: MSTR's yield will not materialize, leading to a sell-off that sets off a vicious cycle
Economist Peter Schiff writes that MSTR's business model relies on income-oriented funds buying its "high-yielding" preference shares. But these announced returns never materialize. Once fund managers realise this, they dump these preference shares, and MSTR will no longer be able to issue any preference shares, setting off a vicious cycle.
2025-11-16 19:53:05
Economist Peter Schiff: Bitcoin is not digital gold
Peter Schiff, a gold advocate and economist, wrote on X. "U.S. stock index futures and the U.S. dollar both sold off. But gold and bitcoin are once again in opposite directions. Gold is behaving like a safe haven, up about 1 percent. Bitcoin is trading like a risky asset, down about 2 percent. Clearly, bitcoin is not digital gold."
2025-05-05 03:45:58
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