According to Odaily Planet Daily, gold advocate and economist Peter Schiff expects gold and silver prices to rise explosively, encouraging investors to "take advantage of what may be the largest bull market in precious metals in history." Peter Schiff also reiterated his pessimistic view on Bitcoin. He said: "Bitcoin is dead money. Sell it before it is buried. When the Bitcoin (spot) ETF was launched four months ago, there were no sellers, only buyers. But now many investors hold these ETFs, and there is a large supply of potential sellers. But as demand from new buyers decreases, the outflow of funds from ETFs will soon put huge downward pressure on Bitcoin."