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

8 Mining Stocks Our Viewers Asked Us to Review | Sept 14th-18th

Canada Is Finally Fast-Tracking New Mines | John Passalacqua – First Phosphate

Gold & Silver Just Added $2 Billion to This Project | Aya Gold – Bourmadine PEA

Recommended

Cambria Gold Drills 166 g/t Gold and 3,383 g/t Silver Over 3.1 Metres at Premier

Selkirk Copper’s Minto PEA Outlines $494 Million After-Tax NPV and 47.8% IRR

Related News

New York Gold Vaults Are Getting Stockpiled Due to Market Dislocations

The coronavirus pandemic triggered extensive economic volatility across the US, resulting in the mis-pricing of...

Wednesday, June 3, 2020, 01:04:00 PM

Equinox Gold Reports After-Tax NPV of $640 Million For Proposed Castle Mountain Phase 2 Expansion

Equinox Gold (TSX: EQX) this morning announced the results of a feasibility study for its...

Monday, March 22, 2021, 08:39:03 AM

Amex Exploration To Raise $33.7 Million Via Flow Through Bought Deal

Amex Exploration (TSXV: AMX) last night announced that it is looking to raise further funds...

Tuesday, January 18, 2022, 07:47:30 AM

GoGold Closes $28.8 Million Bought Deal Financing

GoGold Resources (TSX: GGD) this morning announced the closing of its previously announced bought deal...

Friday, May 7, 2021, 08:28:17 AM

Max Resources Sees Placement Jump To $6.0 Million, Demonstrating Significant Demand

Max Resource Corp (TSXV: MXR) has increased its previously announced private placement to $6.0 million...

Friday, October 9, 2020, 08:06:40 PM