U S Global Investors Ceo Gold Will Rise In 2022 But Millennials Will Drive Bitcoin To Thrive
Speaking to Kitco News, Holmes indicated that the rise of Bitcoin is challenging gold’s store of value status but stressed that volatility and regulatory crackdown are the main hindrances facing the cryptocurrency. Holmes added that mining companies are likely to produce more gold in 2022, which will drive the price above $2,000. At the same time, the executive stated based on Bitcoin’s ability to outperform other asset classes in 2021; the price movement places the digital currency in a good position to hit the $100,000 mark....