Peter Schiff, a renowned economist, recommends buying gold over tech stocks and Bitcoin amid inflation concerns. He highlights that investors are mistakenly selling gold to invest in riskier assets despite the inflation threat. Schiff's stance is supported by the rising gold prices, which recently hit over $2,400 per ounce, affirming its status as a safe-haven asset. His views align with those of billionaire investor Ray Dalio, who also advocates for gold as a hedge against inflation and global debt crisis risks.