Inflation is Not Going ANYWHERE! Gold About to Make New All Time Highs?

March 5, 2024

We welcome back Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, for a deep dive into the current market dynamics, focusing on the contrast between gold and silver, and the emerging dominance of Bitcoin as the new digital gold. Mike shares insights on the industrialization of silver, the significant shifts in ETF holdings, and the implications of central bank activities on gold's strength. He also explores the broader economic landscape, including the impact of China's economic policies, the potential risks and opportunities for gold, and the role of intangible assets like Bitcoin in modern investment strategies.

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China is the world’s biggest gold producer with more than 355 tons annually. Australia is second.
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