Gold Bug Frank Holmes Optimistic About BTC Prospects in 2021, Says Halving Cushioned Demand

The well known gold bug, CEO and chief investment officer at U.S. Global Investors, Frank Holmes recently sat down for an interview and discussed his price predictions in regard to the 2021 value of gold. Holmes also said that cryptocurrencies will continue to do well next year, as he believes increasing bitcoin adoption and decentralized finance (defi) will benefit the industry.

A number of gold bugs like Peter Schiff are not too keen about bitcoin and cryptocurrencies. Then there are other well known precious metals proponents who have warmed up to digital assets like bitcoin.