i've seen this dude's name mentioned recently a lot and i don't get why people have been talking about him when his actions are the common mistakes that a lot of newbies have been making and nobody talked about any of them.
People simply have a need to maintain a cult of personality, and Schiff is their God of Gold, just as Buffettis is their God of Stock. And whenever something happens to such people, their followers fall into some sort of trance for just one tweet or FB post. There are at least a dozen threads on one completely unimportant story as if it were a loss of a few million dollars, and it is a total of less than $2000 which is not even an investment, but gifts.
Peter Schiff Net Worth is $70 million, and for those who want to see the bigger picture, I suggest reading the following
article.