Honestly, I think those all in on gold, who think Bitcoin is a scam, are wrong, but I also think belittling gold and going 100% in on Bitcoin isn't the wisest either. Both have their strengths and weaknesses, but there are situations that either can win. The wisest course of action is to have a bit of both. Gold is safe, but has less upside. Bitcoin has a bit more risk (though nothing like Schiff thinks), but has a much larger upside. Real diversification is the key.