mo4ch:>Golden asteroid story ‘complete BS’ spread by bitcoin bulls to pump up crypto, Peter Schiff tells RT | Mo4ch News
The trending story about the golden asteroid Psyche 16 that allegedly contains massive amounts of precious heavy metals is a “whole bunch of nonsense,” says Peter Schiff of Euro Pacific Capital.He explained that the story is being circulated by crypto enthusiasts to spread panic among gold investors to get them to buy bitcoin instead.In an exclusive interview with RT, Schiff said that while there is a metallic asteroid in the asteroid belt between Mars and Jupiter, no one could know for sure what metals it contains.Also on rt.comThe golden asteroid that could make everyone on Earth a billionaire“It is a rare metallic asteroid with a composition similar to the Earth’s core. It’s made almost entirely of an iron-nickel alloy, with small amounts of other metals, likely to include gold.”He continued: “But I mean maybe there’s no gold there, we don’t know. They don’t have any idea, they don’t know that there’s gold on that asteroid. There could be some gold there but it would cost a fortune…