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

The Forces Driving Gold Higher Are Not Going Away | Stefan Sklepowicz – Kirkland Lake Discoveries

Why This Mexico Silver Project Still Has Room to Grow | Daniel Rodriguez – Mercado Minerals

This Gold Project Took Years to Matter — Now the Timing Looks Right | Grande Portage PEA

Recommended

Antimony Resources Expands Footprint as Soil Sampling Lights Up Ground South of Bald Hill

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Related News

Newlox Gold Continues To Scale Operations

Newlox Gold Ventures Corp (CSE: LUX) this morning provided a brief update on its production...

Tuesday, March 23, 2021, 08:05:55 AM

Musk’s Bitcoin Electricity Comments Could Push Investment To Coins Like XRP, Dogecoin, Cardano

Elon Musk’s May 13 tweet that Tesla will no longer accept Bitcoin as payment for...

Wednesday, May 19, 2021, 02:22:00 PM

Does Bitcoin Lack Big Money Buyers? – The Daily Dive

Joining us again on the Daily Dive is Gareth Soloway of InTheMoneyStocks.com. Gareth joins us...

Tuesday, November 9, 2021, 01:30:00 PM

CubicFarms: Automated Commercial Scale Food Production – The Daily Dive feat Dave Dinesen

Starting off the trading week on The Daily Dive, we sit down with Dave Dinesen,...

Monday, March 29, 2021, 01:30:00 PM

Nighthawk Gold Drills 4.64 G/T Gold Over 6.15 Metres At Grizzly Bear

Nighthawk Gold Corp. (TSX: NHK) announced today the assay results of its 18-drill program at...

Monday, June 7, 2021, 09:28:00 AM