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Source: https://www.mining.com/web/cryptos-rapid-rise-means-investors-need-gold-top-miner-says/
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The astonishing rise of cryptocurrencies, including red-hot Bitcoin, just handed one of the world’s leading gold miners one more reason to urge investors to buy the age-old haven that is bullion.
“If you’re into cryptos, you want to consider having some gold,” Newcrest Mining CEO Sandeep Biswas told Bloomberg TV after the Melbourne-based company reported earnings on Thursday. Bullion “may act as a bit of a hedge against the volatility of cryptos,” he said.
Original Text (This is the original text for your reference.)
The astonishing rise of cryptocurrencies, including red-hot Bitcoin, just handed one of the world’s leading gold miners one more reason to urge investors to buy the age-old haven that is bullion.
“If you’re into cryptos, you want to consider having some gold,” Newcrest Mining CEO Sandeep Biswas told Bloomberg TV after the Melbourne-based company reported earnings on Thursday. Bullion “may act as a bit of a hedge against the volatility of cryptos,” he said.
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