Mike McGlone
Mike McGlone|Jul 11, 2025 11:00
Bitcoin, Beta May Guide Gold's Exit from Its 3,000-3,500 Range - It's almost a given: the S&P 500 hasn't dropped in July since 2014 and Bitcoin's going up because there are more buyers. So why buy gold? A top-performing major asset in 2025, the store of value may face reversion toward 3,000 an ounce if risk assets keep rising. It's the potential for gold to stay above 3,500 that I find disconcerting. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sz8c2bdwrgg0 {BI COMD} #gold #bitcoin #stockmarket @BBGIntelligence
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