Peter Schiff zegt dat Gold beter presteerde dan Bitcoin, de strategie van Michael Saylor sinds de overwinning van Trump - hier is het grotere beeld

Wed, Aug 6, 2025, 2:26 AM 3 min read

Bitcoin (CRYPTO: BTC) and its proxy stock Strategy Inc. (NASDAQ:MSTR) have underperformed gold since President Donald Trump’s victory in November of last year, economist Peter Schiff highlighted on Tuesday.

In an X post, Schiff took the end of November as the reference point and highlighted the superior returns of gold and VanEck Gold Miners ETF (NYSE:GDX) vis-à-vis Bitcoin investments.

While he did not specify a date, for the sake of this analysis, let us fix Nov. 30 as the reference. Clearly, the returns are similar to what he highlighted.

Schiff, a vocal gold advocate, has long been accused of cherry-picking time frames according to his convenience to downplay Bitcoin's returns.

Popular Bitcoin-focused X handle The ₿itcoin Therapist dared Schiff to zoom out and compare the returns over the last 10 years.

Notably, the apex cryptocurrency has soared 42,934% in this period, while gold has returned only 208%.

Moreover, if we compare the yearly performance, Bitcoin and MSTR have netted returns of 102% and 174%, respectively, compared to 41% for gold.

See Also: Michael Novogratz Says Bitcoin, Ethereum Treasury Frenzy May Be Over — What Now?

However, the assertions were not entirely unfounded. Bitcoin, which has been marketed as a safe-haven investment by its supporters, struggled earlier this year due to Trump’s sweeping tariffs and behaved like a risk-on asset.