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

Why the Market May Be Misreading Iran | David Woo

Why US Fertilizer Supply Could Matter a Lot More Now | Pat Varas – Sage Potash

Roscan Gold: Mali Discount Hits Kandiole PEA

Recommended

Questcorp Launches Phase 2 Exploration Program At La Union To Follow Up On 20.2 g/t Gold Over 30 Metre Chip-Channel Sample

First Majestic Boosts Silver Reserves 16% As Exploration Outpaces Production

Related News

K92 Mining: Scotiabank, PI Financial Raise Price Target Following Kora PEA

Yesterday evening K92 Mining (TSXV: KNT) released a positive preliminary economic assessment on their phase...

Tuesday, July 28, 2020, 04:26:09 PM

Goldman Sachs Forecasts 12-Month Gold Price to Reach $2,000

Goldman Sachs has revised its gold forecast as of Friday, predicting prices to increase to...

Saturday, June 20, 2020, 12:48:00 PM

Victory Metals Closes $18.0 Million Financing, Proceeds With Nevada King Merger

Victory Metals (TSXV: VMX) this morning announced the closing of its final tranche of its...

Monday, January 18, 2021, 09:18:44 AM

Amex Intersects 79.22 G/T Gold Over 6.15 Metres At Perron Gold Property

Amex Exploration Inc. (TSXV: AMX) reported today the assays from its definition and expansion drilling...

Monday, June 28, 2021, 10:22:00 AM

The Great Rotation Is Coming To Natural Resources – The Daily Dive

For our final episode of the trading week, we are joined on the Daily Dive...

Friday, July 16, 2021, 01:30:00 PM