
Mike McGlone|Feb 08, 2025 17:54
Gold 3,000, Bitcoin 70,000? Is there good reason for reversion lower? My bias is leaning that way, especially if the US #stockmarket reverses some of last year's almost 12 trillion advance, about 40% of GDP.
The full report is on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/sr9diadwx2ps {BI COMD}
#commodities #gold #Bitcoin @BBGIntelligence
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