Economist Peter Schiff Advises Selling Bitcoin At $113,000 For Silver

Peter Schiff, a prominent economist and long-time critic of Bitcoin, has advised investors to sell their Bitcoin holdings at current high prices and invest in silver instead. This recommendation was made public on July 10, 2025, as Bitcoin surged past $113,000, reaching new all-time highs. Schiff's advice reflects his belief in the limited downside of silver compared to the volatility of Bitcoin, suggesting a move towards tangible assets.

Schiff argues that even if Bitcoin continues to rise, silver has the potential to increase more significantly. He points out that while Bitcoin can easily crash, silver's downside seems limited. Schiff believes that the current momentum in crypto is speculative and unsustainable, and that silver's relative underperformance presents an opportunity for value rotation. He suggests that a breakout above $36 for silver could open the door to the $40–$45 zone, while Bitcoin shows signs of being nearly overbought, with a relative strength index (RSI) suggesting a cooling phase may be near.

For investors who have benefited from the Bitcoin rally, Schiff's logic is straightforward: take profits at the top and redeploy into an undervalued, real-asset hedge with industrial tailwinds and limited downside. He sees this as trading digital sizzle for tangible shine. Schiff's advice is not new; he has long advocated for precious metals over digital assets, believing that they offer a more stable and reliable investment.

Schiff's views contrast with the widespread optimism from crypto bulls who expect continued momentum in Bitcoin. However, his advice is based on his belief that the current climb in crypto could be just another peak before a plunge. Either way, Schiff believes that silver's case is quietly strengthening and that investors should consider shifting their funds into the precious metal. Market analysts note that Schiff's calls have historically sparked debate rather than immediate selloffs. Investors are historically more influenced by broader economic trends and institutional actions than individual criticisms.

While Schiff's arguments stress silver's relative stability, market movements largely rely on macroeconomic changes and regulatory updates. Bitcoin's rise past $113,000 may not be heavily swayed by an individual opinion. As Schiff's call circulates, potential reactions from markets and key industry figures remain to be fully evaluated. No current large-scale capital reallocation has been noted, and the full impact of Schiff's guidance on investment patterns remains uncertain.