Peter Schiffs Lauds ChatGPT For Recommending Gold Over Bitcoin

Peter Schiffs Applauds ChatGPT For Gold Recommendation

ChatGPT created a model of "recession proof" portfolio and it was shared online.

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It recommends investing in a mix of defensive stocks, bonds, and cash to create a truly recession-resistant portfolio.

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According to ChatGPT, a well-diversified investment portfolio should include an allocation of at least 20% to gold and other precious as a recession hedge.

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Interestingly, it has not mentioned Bitcoin and who can be more thrilled than Peter Schiff?

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Yes, Peter took to Twitter and praised the bot as- "ChatGPT AI is pretty intelligent after all. It didn't recommend any allocation to Bitcoin."

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A Twitter user replied- "Show the prompt Peter. You get what you put in... ..In fact, that's a 95% allocation "against" gold."

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Another took a dig at the CIA- "AI is limited to the intelligence of its programmers. And the CIA ops controlling them."

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