Overview

• Peter Schiff said Bitcoin priced in gold has fallen about 18% since Aug. 12 to roughly 2% above what he calls bear‑market territory, adding it remains nearly 16% below its November 2021 level in gold terms.
• Gold set fresh records above $3,600 per ounce, with data cited showing gains of more than 36% this year and over 40% in the past twelve months.
• Bitcoin trades near $110,000 after a mid‑August all‑time high around $124,457, marking a pullback of more than 11% and a decline of about 5% over the past month.
• Crypto supporters rebutted Schiff’s framing by pointing to longer‑term returns, noting roughly 96% gains over the past year and nearly 1,000% over five years for Bitcoin.
• One outlet reported CoinMarketCap data showing a sharp 24‑hour jump in the BTC‑to‑gold ratio to about 0.836, underscoring how short‑term readings can swing quickly.