In a dramatic turn of events, Gold bug Peter Schiff has converted 40% of his Gold holdings to Bitcoin.
Sources close to the news say Peter, a long time Gold advocate, has turned his outlook towards Bitcoin as Bullish.
I never thought this day would come but Saifedean has been right all along about Bitcoin.-Peter Schiff
Peter, who has the distinction of having called 9 of the last 2 recessions, is said to have been quietly working on this conversion for the last 3 months.
More to come as this breaking story unfolds.