Bitcoin Bubble Has BURST! Peter Schiff vs. Anthony Pompliano

Peter Schiff uses the Fox Business debate with Anthony Pompliano to argue that Bitcoin’s bubble has burst, citing the move down from its October peak near $126,000 and saying it is still no higher than five years ago. His broader pitch is that capital is rotating away from Bitcoin and back toward gold, which he says remains in a powerful bull market. The transcript/description does not provide any fresh gold price action, ETF flow data, or specific precious-metals market metrics, so the main tradeable takeaway is limited to the rhetorical contrast: Schiff continues to frame gold as the superior store-of-value trade versus crypto. The discussion is more about Bitcoin valuation than any new development in bullion. For metals traders, the only near-term implication is sentimentally supportive for gold if the “Bitcoin peak / gold bull market” narrative gains traction, but this is not a flow-driven or data-led catalyst. Treat as background commentary rather than actionable PM market intelligence.