In this interview, Bloomberg Intelligence’s Mike McGlone discusses Bitcoin’s outlook, warning of potential drops from $100,000 to $70,000 or $50,000.
McGlone favors gold over cryptocurrencies, especially if stock market volatility rises. He sees Trump’s proposed 25% tariffs on Canada and Mexico as a serious concern.
The analyst predicts declining energy and agriculture commodity prices while remaining bullish on gold versus both Bitcoin and equities.
Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.
Copper Stock Heating Up? – The Daily Dive feat John-Mark Staude of Riverside Resources
Today on the Daily Dive, live direct from the Mexico Mining Conference in Guadalajara, Mexico...