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

Gold Heading Above $2000? – The Daily Dive feat John Mark Staude

Today on The Daily Dive, we have John-Mark Staude, CEO of Riverside Resources (TSXV: RRI)....

Tuesday, November 10, 2020, 01:00:00 PM

The Fed Blew It, Now What? – With Peter Grandich

Today SmallCapSteve sits with Peter Grandich, CEO of Peter Grandich & Company. Peter shares his...

Tuesday, July 19, 2022, 01:30:00 PM

GoldMining, Inc: Breaking the Gold Equity Value Trap

At the Rule Symposium of Natural Resource Investing in Boca Raton, Florida, Alastair Still, CEO...

Friday, July 12, 2024, 07:08:00 AM

Saylor Says ‘Bad Idea’ to Publish Bitcoin Proof-of-Reserves

Michael Saylor doubled down on his opposition to publishing on-chain proof of reserves at the...

Sunday, June 1, 2025, 09:03:00 AM

IMF Pushes El Salvador to Remove Bitcoin’s Legal Tender Status

The International Monetary Fund is advising El Salvador to tame its obsession with bitcoin and...

Thursday, January 27, 2022, 03:28:00 PM