Peter Schiff, chief Economist and global strategist at Euro Pacific Capital, has asked Bitcoin "fanatics" to stop making fun of gold based on its market movement. “#Bitcoin fanatics need to stop making fun of #gold's $52 rise, claiming a 3% move is nothing compared to what Bitcoin does. Bitcoin was only up 4% today. Not nearly enough of an extra gain to offset substantially higher risk. The $GDX was up over 10%. The miners are a better bet,” Schiff said in his tweet. Schiff explained how positive divergences in gold prices indicate the commodity is likely to have witnessed its lows and is headed higher going forward. “#Gold is up over $50 today. Daily gains that large rarely happen. The positive divergences I have been pointing out between #silver and the miners likely mean gold has seen its lows. If so, $50 daily spikes will soon be common. In fact, gold may soon have its first $100 up day,” he said in his tweet on Sunday. Follow @benzinga Find the rest of the story on benzinga.co...