Gold drops to 7oz per BTC as Peter Schiff calls Bitcoin ‘biggest bubble’

Gold sinks to yearly lows against Bitcoin but Peter Schiff remains convinced that the former’s price gains are ill-gotten.
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Bitcoin (BTC) hit seven ounces of gold for the first time in over a year this week as the precious metal comes off all-time highs.
Data from CoinGecko showed BTC/XAU returning to the pivotal 7 ounce mark on Oct. 25, continuing to edge up to press-time levels of 7.02 ounces. Gold hits one-year lows in BTC
Despite Bitcoin losing ground after cha…

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