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

This Could Be the Next Multi-Million Ounce Gold Camp | Mike Bennett

Newmont Stock Drops Despite Massive Cash Flow — Here’s Why | Q4 Earnings

Strongest Gold Bull Market in 30 Years — And It’s Global | Michael Dehn

Recommended

Advanced Gold Acquires Nevada Property With Historic Production At 1,611 g/t Silver

Steadright: Atrium Research Initiates Coverage With $0.50 Price Target

Related News

Osisko Gold Royalties Reports Prelim Q4 Revenues Of $50.7 Million

Osisko Gold Royalties (TSX: OR) last night after the bell revealed preliminary fourth quarter 2021...

Tuesday, January 11, 2022, 07:44:18 AM

Rockland Resources Recommences Maiden Drill Program On Cole Gold Mine Property

Drilling has resumed at Rockland Resources’ (CSE: RKL) flagship gold property in the Red Lake...

Wednesday, September 1, 2021, 09:00:49 AM

Psychedelics: Sector Tailwinds To Come – The Daily Dive feat Psyched Wellness CEO Jeff Stevens

Starting off the short Canadian trading week this week on the Daily Dive is that...

Tuesday, May 25, 2021, 01:30:00 PM

New Found Gold Intersects 13.1 Metres Of 45.3 G/T Gold

New Found Gold (TSXV: NFG) this morning released its latest drill data from the Keats...

Tuesday, December 15, 2020, 10:13:13 AM

Spencer Schiff, Former Bitcoin Bull, Now Believes AI Is the Answer

Spencer Schiff, known for advocating Bitcoin as the top cryptocurrency, has taken an unexpected turn,...

Tuesday, August 1, 2023, 02:56:00 PM