by Jeff Nielson
Bullion Bulls Canada
As noted in Part I, the motivation for writing this article is what appears on its surface to be a large contradiction: Peter Schiff, until recently one of BitGold’s most strident critics, is now BitGold’s newest business partner. The justification for writing this (two-part) article is that it was not possible to fully encapsulate the entire contradiction in a single installment.
Schiff’s more recent attacks on BitGold began (back in March) with the assertion that he was “warning potential gold-buyers about another gold ripoff.” While rhetoric such as that can be attributed as simply the crass intent to bash a competitor of his own business, it is far less easy to write-off Schiff’s more specific criticisms in that manner.