Bearish mainstream finance figures have begun forecasting a consumer return to gold once Bitcoin “uncertainty” dents their confidence.
Bitcoin ‘Uncertainty’ Will Prompt Gold Return
In two separate interviews on pro-Bitcoin Cash news media network CNBC, Gartman Letter founder Dennis Gartman and gold mining CEO Sean Boyd both tipped the precious metal to ultimately benefit from Bitcoin fluctuations. Boyd noted:
I think, over time, the question will be: are these cryptocurrencies and the developers of these cryptocurrencies just mining the public? […] Gold investors will come back when uncertainty creeps back into the market.