Bitcoin Hater Mark Mobius Bats for Gold upon Its 21% YTD Rise

After suggesting that decentralized asset bitcoin should be backed by Gold, prominent billionaire investor Mark Mobius is asking global investors to raise their stakes in the precious metal.
The Mobius Capital Partners’ founding partner said in an interview with CNBC’s “Street Signs” that investors should allocate 10 percent of their portfolio to physical gold. He based his bullish sentiment on the central banks’ buying spree of the yellow metal in the first half of