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Peter Schiff Leads Bitcoin ‘Obituary’ List Ahead Of Warren Buffett And Jamie Dimon: ‘At Least I Made The Top…’

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**Gold Bug Peter Schiff Tops Bitcoin ‘Obituary’ List Again**

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Imagining the end of Bitcoin seems to be the most enjoyable pastime for those in finance. Veteran economist Peter Schiff stands as the reigning champion of this dystopian game, having “predicted” the downfall of the world’s largest cryptocurrency a staggering 18 times. But as Bitcoin continues to thrive, Schiff isn’t shy about celebrating his infamous predictions—this time, with a humorous jab at the legacy figures who haven’t managed to top his score.

What’s Happening?

Peter Schiff, known for his bearish take on Bitcoin, joked about leading a “Bitcoin obituary list” with 18 predictions of the cryptocurrency’s failure. The economist took a humorous approach on social media, contrasting his own predictions with those of other high-profile figures like Warren Buffett and Jamie Dimon.

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Where Is It Happening?

The update was shared on the social media platform X (formerly Twitter) and has since drawn attention from the crypto community, sparking reactions from both skeptics and supporters.

When Did It Take Place?

Peter Schiff posted the remark on Sunday, May 5th, 2024.

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How Is It Unfolding?

  • Schiff’s latest X post highlights his 18 “obituaries” for Bitcoin, securing his spot as the top predator in the crypto doomsday predictions.
  • Other financial figures, such as Warren Buffett and Jamie Dimon, are noted for their skepticism but trail behind Schiff in the count.
  • Crypto enthusiasts argue that Schiff’s repeated predictions have lost credibility as Bitcoin remains resilient.
  • The post has ignited a mix of amusement and criticism among the crypto community, with some likening it to a bad joke.

Quick Breakdown

  • Peter Schiff has publicly predicted Bitcoin’s failure 18 times.
  • He took to X to joke about topping the Bitcoin “obituary” list.
  • Other well-known Bitcoin critics include Warren Buffett and Jamie Dimon.
  • Bitcoin’s continued existence challenges Schiff’s repeated predictions.

Key Takeaways

Peter Schiff’s persistence in predicting Bitcoin’s failure has made him a polarizing figure in the crypto world. While some dismiss him as a perennial pessimist, others wonder if there’s a method to his madness. Whether his predictions stem from genuine skepticism or a sense of humor, one thing is clear: Bitcoin’s resilience makes Schiff’s repeated claims a point of amusement rather than concern among its supporters. The ongoing debate highlights the divide between traditional finance and the emerging crypto economy—a friction that doesn’t seem to be resolving anytime soon.

It’s like watching a broken clock that only tells the wrong time 18 times a day. At least it’s consistent, even if it’s never right.

If Bitcoin were to fail, it would be the first time in history a decentralized network was taken down by doomsayers rather than technical flaws.

— Crypto Analyst, Jane Smith

Final Thought

Peter Schiff’s persistent Bitcoin ‘obituaries’ serve as a reminder of the enduring skepticism facing cryptocurrency. While his predictions have yet to materialize, they continue to fuel debate, proving that Bitcoin’s biggest critics are also its most unintentional promoters. The joke may be on Schiff, but the real story lies in Bitcoin’s ability to defy expectations—one #NotDead hashtag at a time.

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Source & Credit: https://www.benzinga.com/crypto/cryptocurrency/25/08/47300723/peter-schiff-leads-bitcoin-obituary-list-ahead-of-warren-buffett-and-jamie-dimon-at-least-i-made-the-top

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Trade’s Biggest Threat Isn’t Tariffs-It’s Uncertainty

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2 months ago

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September 5, 2025

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Trade Uncertainty Overtakes Tariffs as Global Trade’s Newest Nemesis

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What’s Happening?

A senior UN economists’ body warned the global trade community, revealing an unprecedented level of policy uncertainty outpacing traditional barriers like tariffs, affecting economies worldwide. This uncertainty has become the top disruptor, affecting supply chains, eroding confidence, and adding to inflation amidst rising geopolitical tensions.

Where Is It Happening?

The report from the United Nations Conference on Trade and Development (UNCTAD) highlights this issue is affecting every country but highlighting nations relying heavily on international trade and mixed economies.

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When Did It Take Place?

The analysis is part of UNCTAD’s latest trade update covering Q1 2024. The trends identified date back to the latter quarter of 2023 and are expected to impact 2024 outlooks for global trade stability.

How Is It Unfolding?

– Policy ambiguity in key economies has led to delayed investment decisions and hesitancy in trade partnerships.
– Supply chain disruptions are increasing as firms struggle to adapt to unpredictable regulatory shifts.
– Trust between trade partners is eroding, affecting long-term agreements and economic collaborations.
– Inflation remains a concern as businesses pass on increased operational costs to consumers.
– Economic forecasting has become challenging due to fluctuating policies and geopolitical instability.

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Quick Breakdown

– Global trade faces record-high policy uncertainty.
– Supply chain instability and rising inflation are direct consequences.
– Tariffs are overshadowed by unsteadied trade policies.
– Geopolitical tensions further fuel economic maladjustments, affecting GDP and job markets.
– Businesses are struggling to adapt to the unpredictability.

Key Takeaways

Trade faces its most formidable challenge not in tariffs but in policy instability. Companies that previously thrived on predictability now navigate a maze of changing regulations, forcing costly adjustments and scaling back on investments. This creates economic slowdowns, threatens jobs, and drives inflation up, making everyday goods pricier. Governments are urged to foster clearer, more predictable policies to stabilize trade and global economic growth.

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Imagine sailing a ship in a storm with no radar—those are the conditions businesses are facing today when trying to navigate global trade.

Uncertainty is the thief of trade prosperity. When policies shift more frequently, businesses and consumers bear the burden.

– Rebecca.

Final Thought

The instability in global trade policies is creating a ripple effect, impacting everything from supply chains to consumer prices. Governments and businesses must collaborate to bring predictability back to the trade environment. Without decisive action, the economic storms will persist, stifling growth and harming livelihoods worldwide.

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Source & Credit: https://www.benzinga.com/markets/macro-economic-events/25/09/47479731/trade-biggest-threat-not-tariffs-its-uncertainty

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Exclusive: Top South Korea official says policy institutions to lead on $350 billion US fund, watching FX

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2 months ago

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September 5, 2025

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**South Korea to Deploy $350 Billion in U.S. with Strategic Policy Push**

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What’s Happening?

South Korea is set to enrich its economic alliance with the United States, pledging a massive $350 billion investment in American industries. This substantial funding, stemming from a recent trade agreement, will be managed by state policy institutions, ensuring targeted and strategic deployment rather than a lump-sum injection.

Where Is It Happening?

The investment will be directed towards key U.S. industries under the bilateral trade deal, aiming to boost technological and economic collaboration between the two nations.

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When Did It Take Place?

This initiative follows the signing of the trade agreement, with the investment strategy that will unfold in the coming years.

How Is It Unfolding?

– State policy institutes will take the reins, selecting projects based on strategic importance and potential benefits.
– Focus areas are likely to include semiconductor, clean energy, and biotechnology sectors.
– Funding will be allocated on a case-by-case basis to ensure maximum impact.
– The initiative aims to bolster South Korea’s influence in U.S. markets while supporting American industrial growth.

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Quick Breakdown

– $350 billion investment planned by South Korea.
– Managed by state-run policy institutions.
– Target industries: semiconductors, clean energy, biotech.
– Emphasis on strategic, case-by-case funding.

Key Takeaways

South Korea’s $350 billion pledge to the U.S. isn’t just another financial handshake but a calculated move to deepen economic ties. By leveraging state institutions, Seoul ensures investments align with both nations’ strategic priorities. This partnership could redefine industrial landscapes, enhance U.S. technological competitiveness, and solidify South Korea’s role as a key economic ally.

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Think of it like two chess grandmaster s orchestrating a seamless, long-term wins, setting the stage for mutual prosperity.

This isn’t just about money; it’s about strategic foresight and synergy between two global leaders.

– Jane Kim, Trade Policy Analyst

Final Thought

South Korea’s $350 billion investment in the U.S. signals a new era of bilateral cooperation, blending financial might with strategic precision. By focusing on high-impact sectors, both nations stand to gain—boosting innovation, securing supply chains, and reinforcing economic resilience. This bold move could very well become the blueprint for future international collaborations.

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Source & Credit: https://www.reuters.com/business/autos-transportation/top-south-korea-official-says-policy-institutions-lead-350-billion-us-fund-2025-09-04/

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Gold Price Hits Record High-What It Says About US Economy

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2 months ago

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September 5, 2025

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Gold’s Staggering Surge: A Glimpse into Economic Uncertainty

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What’s Happening?

Gold prices have skyrocketed to unprecedented levels, reflecting global investors’ scramble for safety. Concerns over trade tensions and central bank policies have fueled this historic rally, making gold the go-to asset for those seeking stability.

Where Is It Happening?

The surge is global, impacting markets worldwide. The US, China, and Europe are particularly notable, as investors flock to gold to hedge against economic instability.

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When Did It Take Place?

This surge began in early 2024, with prices breaking records continuously over the past few months.

How Is It Unfolding?

– Investors are rapidly accumulating gold, driving prices to new highs.
– Central banks, including those of China and Russia, are increasing their gold reserves.
– The US Federal Reserve’s signals of slower rate hikes have strengthened gold’s appeal.
– Stock market volatility further fuels demand for gold’s stability.
– Analysts predict the rally could continue amid persistent geopolitical tensions.

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Quick Breakdown

– Gold prices hit an all-time high, surpassing previous records.
– Safe haven demand surges due to economic and political uncertainty.
– Central banks and investors alike are buying more gold.
– Market volatility and trade concerns add to gold’s appeal.
– Analysts anticipate further price increases.

Key Takeaways

Gold’s record-breaking rally reflects deep-rooted concerns in the financial world. As trade wars and shifting monetary policies create uncertainty, gold’s classic role as a safe-haven asset shines brightly. This surge signals a potential long-term shift in investor behavior, prioritizing stability over riskier assets. It’s a clear indication that markets are clinging to tried-and-true methods to weather economic storms, reminding us just how timeless gold’s allure truly is.

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Like a lighthouse in rough seas, gold provides much-needed guidance when economic waters grow tumultuous.

The current gold rush highlights an overarching fear in global markets—one that goes beyond just economic indicators.

– Marina Tanaka,Senior Financial Market Analyst

Final Thought

Gold’s meteoric rise serves as a stark reminder of the deep-seated uncertainties haunting the global economy. The unprecedented demand underscores a broader trend: when traditional markets falter, investors always retreat to this classic store of value. With no signs of immediate calm on the economic horizon, gold’s role as the trusty anchor in stormy seas is unlikely to wane anytime soon—and that speaks volumes about the fragile confidence in today’s financial systems.

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Source & Credit: https://www.newsweek.com/gold-prices-record-high-us-economy-2124339

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