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

A $2.2B Gold Project Is Outgrowing Its Plan | Michael Henrichsen – Gold X2 Mining

Pay for the Copper, Get the Gold Free | Rob McEwen – McEwen Inc

This Gold Discovery Was Already Huge. Now It’s Becoming a Monster. | Goliath Resources

Recommended

Rackla Metals Adds Two Northern Development Veterans to Board as Lentung Advances

Northmin Hits 12.85% Copper and 933 g/t Silver in Highest Grade Tynagh Assays Yet

Related News

New Found Gold Reports Results From Single Hole At Keats Footwall Zone

New Found Gold (TSXV: NFG) this morning announced the drill result from a single drill...

Thursday, January 13, 2022, 08:19:34 AM

It’s Early Yet; Grading Discovery Hunters – Pt. 1: Nexus Gold

For our purposes, we’re defining discovery-stage exploration equities as those with no established mineral resources,...

Tuesday, August 11, 2020, 03:59:32 PM

TMAC Resources: Stock’s Positive Performance Post-Dissolution of Takeover Agreement May Be Telling

On December 21, Canada’s government rejected the sale of TMAC Resources (TSX: TMR), a gold...

Wednesday, December 30, 2020, 11:54:00 AM

What Can We Expect From Commodities In The Current Climate? – The Daily Dive

Joining us for the final episode of The Daily Dive this week is returning guest...

Friday, February 25, 2022, 01:34:49 PM

Cathie Wood Is Targeting Over US$1 Million Per Bitcoin In 2030 But Her Own Math Might Prove Otherwise

ARK Invest CEO Cathie Wood has a bullish target for the price of bitcoin: over...

Friday, April 8, 2022, 03:07:00 PM