Bank of America warns that the BTC frenzy may divert gold investors. The head of gold strategy at Bank of America, George Milling-Stanley, warned that the pump of BTC may mislead investors into ignoring the stability of gold. He believes that BTC is more like a return-driven investment, while gold provides long-term stability. He also criticized BTC promoters for misleading the market by using the term "Penambangan," and believes that gold is still a more reliable investment choice.
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Bank of America warns that the BTC craze could diversify gold investors
Bank of America warns that the BTC frenzy may divert gold investors. The head of gold strategy at Bank of America, George Milling-Stanley, warned that the pump of BTC may mislead investors into ignoring the stability of gold. He believes that BTC is more like a return-driven investment, while gold provides long-term stability. He also criticized BTC promoters for misleading the market by using the term "Penambangan," and believes that gold is still a more reliable investment choice.