Mike McGlone: Bitcoin Is Replacing Gold – The Daily Dive

On this episode of the Daily Dive, Cassandra sits down with returning guest Mike McGlone, Senior Commodity Strategist from Bloomberg Intelligence. They discuss how bitcoin affects the US dollar, the crypto brokers disclosure provision in the US senate infrastructure bill, and why bitcoin could potentially replace gold.

Bloomberg Intelligence provides data-driven research from an independent perspective. The platform features interactive data and research across industries and global markets while also providing insights into company fundamentals. The firm also provides coverage across credit, equity strategy, ESG, government, fixed income and more.


The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Agnico Q1 Earnings Results Overshadowed By A Sinking Gold Price

Why More People Are Starting to Feel Broke | Darrell Thomas – VRIC Media

Newmont Q1 Earnings: A Billion In Free Cash Flow… A Month!

Recommended

Altamira Gold Extends Maria Bonita Porphyry System Westward With 70.6 Metres At 0.51 g/t Hit

Antimony Resources Reports 13.9% Antimony in Latest Drill Core at Bald Hill

Related News

McLaren Resources Announces Drill Program For McCool Property

McLaren Resources (CSE: MCL) is going exploring. The firm last night after the bell announced...

Wednesday, August 11, 2021, 08:03:02 AM

GCM Mining Reports US$794 Million After-Tax NPV, Measured & Indicated Resource Of 8.4 Million Gold Ounces For Toroparu Project

GCM Mining Corp. (TSX: GCM) shared today the preliminary economic assessment and updated mineral resource...

Wednesday, December 1, 2021, 11:47:00 AM

AUX Resources: Great Early Assay Results – The Daily Dive feat Ian Slater

Starting off the trading week for the Daily Dive is Ian Slater, CEO of AUX...

Monday, March 8, 2021, 01:30:00 PM

SKRR Exploration Closes $1.0 Million First Tranche of Financing

SKRR Exploration (TSXV: SKRR) has closed the first tranche of its ongoing private placement, raising...

Monday, July 13, 2020, 09:21:19 AM

Who’s On Peter Thiel’s Bitcoin Blacklist?

Palantir Technologies (NYSE: PLTR) chair Peter Thiel called out the so-called “financial gerontocracy” that is...

Friday, April 8, 2022, 11:23:06 AM