
Mike McGlone|Jun 15, 2025 16:44
Gold Underpinnings: Bitcoin 100,000, Stocks 2x GDP - Since its launch in 2009, Bitcoin's rise has coincided with the US stock market's surge to its highest vs. GDP and the rest of the world in about a century, with reversion implications favoring gold. The US in the 1930s and Japan in the 1990s are relevant examples of deflation that results when similarly stretched risk assets revert. Is it different this time?
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sxshebdwlu68 {BI COMD}
#gold #bitcoin #stockmarket #macroeconomics @BBGIntelligence
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