Mike McGlone
Mike McGlone|Aug 22, 2025 11:27
Does Gold Face a Win-Win vs. the Fed? Bitcoin May Be Driving - Intense pressure on the Federal Reserve to cut rates -- despite stable employment, above-target inflation, rising US Treasury 30-year yields and speculative excesses in risk assets -- may leave gold as a top beneficiary in most scenarios. Cryptocurrencies exude Internet bubble-like frothiness and Bitcoin is the leader. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t1e427gq7l2g {BI COMD} #gold #bitcoin #stocks #bonds @BBGIntelligence(Mike McGlone)
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