Bitcoin or gold? Unexpected Warning from Bloomberg Specialist McGLone
Mike McGlone argued that gold could come to the fore with the increase in bond returns. However, Bitcoin ETFs are rapidly strengthening, Kiyosaki targets $ 250k.
🥇 Bitcoin or gold? “Surprise” Analysis from Bloomberg Specialist
Bloomberg Intelligence Senior Commodity Strategist Mike McGlone has presented a new assessment of the performance of Bitcoin. According to McGlone, increasing US treasury bond returns can work in favor of gold, not Bitcoin.
“Bitcoin is rising, but increasing returns can make the gold more secure.”
According to the analysis on May 22, the 30 -year US bond return was 5.15 %, while Bitcoin was around $ 112,000. In this environment, McGlone stressed that Bitcoin acts with the perception of “risky being, and that gold was more advantageous in the face of geopolitical and economic uncertainties.
🧠 Can Bitcoin be “independent of risk”?
McGlone questions whether Bitcoin can evolve into a structure independent of other risk assets, such as S&P 500. According to him:
If Bitcoin continues to rise, this can also drag other risk assets
However, if the BTC remains fixed, the gold can become a central safe port.
In this scenario, gold can re -superiority in the “classical crisis periods”.
🪙 Bitcoin ETFs approach gold ETFs
Despite all these comments, corporate interest in Bitcoin is increasing.
🔸 Introduction to Bitcoin ETFs as of now 44.53 billion dollars
🔸 In contrast, gold ETFs have a total asset of 100 billion dollars
🔸 Although Bitcoin ETFs have been traded for just less than two years, this difference quickly closes this difference.
🗣️ Kiyosaki: “Gold is dead, Bitcoin will be 250 thousand dollars”
Robert Kiyosaki, the author of the legendary investor and the author of “Rich Dad Poor Dad , has a clear stance on this issue:
“Gold mining can be done. Silver can be found. But Bitcoin’s supply is limited: only 21 million. This gives him privilege in the financial system.”
Kiyosaki also predicts that Bitcoin can rise up to $ 250,000 before the end of 2025.
🔍 EVALUATION
Gold and Bitcoin face more frequently in the safe port race. Although Mike McGlone’s warning shows that gold is advantageous in the short term, factors such as ETF data, corporate trends and supply limitation strengthen Bitcoin’s hand in the long run.
If Bitcoin continues to rise, not only the price, but the financial perception can be equalized with gold - perhaps.
