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

Gold and Silver May Be Ready for Another Run | Shawn Khunkhun – Contango Silver & Gold

Silver Is Strong Again, and This Producer Is Ramping Up | Arturo Prestamo – Santacruz Silver

Gold Giant Agnico Eagle Makes a Critical Minerals Bet | Avenir Minerals x Fox River

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

CME Group To Change Gold Futures Contracts, Increases Margin Requirements

Yesterday, we covered why there was up to a 4% price disparity between the spot...

Wednesday, March 25, 2020, 12:44:00 PM

Harborside: A Top Tier California Operator – The Daily Dive feat Matt Hawkins

Starting off this week on the Daily Dive is that of Matt Hawkins, Managing Partner...

Monday, February 15, 2021, 01:30:00 PM

Grayscale Bitcoin Trust ETF Bleeds $515 Million On Tuesday

Bitcoin’s value dropped below $39,000 for the first time in almost two months as Grayscale’s...

Wednesday, January 24, 2024, 07:40:56 AM

Judy Shelton, Backer of Gold Standard, Approved By Senate Banking Committee For Federal Reserve Nomination

Judy Shelton has been approved by the Senate Banking Committee as a nominee for the...

Tuesday, July 21, 2020, 03:31:06 PM

Alamos Gold Renews Share Buyback Program

Alamos Gold (TSX: AGI) appears to be in the mood to spend money. Following its...

Friday, December 18, 2020, 08:43:55 AM