Evolution Mining Chairman Claims Bitcoin’s Volatility Will Drive People Back to

[RSRS]

During the recent week, Gold prices dipped significantly, with analysts estimating further dips in the prices in the future. The drop serves as an immaculate opportunity for the gold investors.

Jake Klein, executive chairman of Evolution Mining, claims that unsettling crests and troughs in cryptocurrencies will gradually pull investors back to Gold.

In an interview on Thursday, Jake Klein said that Bitcoin and other cryptocurrencies have a “long way to go” before they resonate with the stability and durability that Gold or other precious metals possess. In a conversation with “Squawk Box Asia, Klein said that the cryptocurrencies are running on huge amounts of conjectural money.

During the recent week, Gold prices dipped significantly, with analysts estimating further dips in the prices in the future. David Neuhauser, hedge fund manager at CNBC, says that the current drop in prices of gold is an illustrative investing opportunity for people.

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