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|Legacy
BTCBTC
💲68511.71
+
0.9%
ETHETH
💲2141.84
+
1.68%
SOLSOL
💲84.67
+
2.09%
USDCUSDC
💲1.00
-
0%
XAUXAU
💲4781.48
+
2.85%
XRPXRP
💲1.36
+
1.49%

Mike McGlone
Mike McGlone|Aug 03, 2025 18:40
The Rock Beating Stocks Isn't a Good Sign - With US interest rates elevated and the stock market on a tear, the argument for buying gold might be shifting for good reason. US market capitalization is near 100-year highs vs. GDP and the rest of the world. President Trump is pushing back on a top factor that got it there: Fed independence and government data providers. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t05o27gpl40i {BI COMD} #Gold #stockmarket @BBGIntelligence(Mike McGlone)
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Timeline

Sep 02, 17:49The crypto market is rising.
Sep 02, 17:45Gold appreciates, stablecoin market takes over the financial sector
Sep 02, 17:36Gold reached a new high today, hitting $3,500 per ounce.
Sep 02, 17:20The Federal Reserve's reverse repo tool usage hits its lowest level since 2021
Sep 02, 17:01Gold reached a new high today, hitting $3,500 per ounce
Sep 02, 16:13Bitcoin Exhibits 'Gold Beta' Characteristics
Sep 02, 16:04Spot gold rises above $3,520, setting a new all-time high.
Sep 02, 15:48Atlanta Fed lowers U.S. Q3 GDP growth forecast
Sep 02, 15:03SPX fell, gold and BTC rose
Sep 02, 15:01The Indian stock market has turned into the world's craziest casino.

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