Mike McGlone|2月 19, 2025 12:49
Gold Crosses Signal Potential Peak Bitcoin, Global Deflation - #Gold may be breaking out as #Bitcoin, #crudeoil, #copper and most #commodities appear to be peaking, and that may have global recessionary implications. Or is the metal getting too hot nearing 3,000 an ounce? What are the implications of gold continuing its run and a top potential extreme reversion candidate -- US Treasury #bonds.
Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/srxg6cdwlu6b {BI COMD}
#commodities #metals #energy #stockmarket #macroeconomics @BBGIntelligence
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