Global Markets Preparing for ‘1929-Like Scenario’ | Bloomberg Intelligence

Scientists Capture FIRST Direct Image of Exoplanet

1929-like Scenario for International Markets

“It’s hard for the Fed to be much more aggressive than they are with the world tilting toward recession,” says Mike McGlone, commodities strategist at Bloomberg Intelligence. He says this a 1929-like scenario for international markets, and tells our Daniela Cambone that a bear market is now mainstream. Monetary supply is plunging for the U.S., which he says is a key indicator to pay attention to. Gold under the lens of other currencies besides the U.S. dollar is, “doing what it should be doing and protecting wealth.” McGlone concludes that other assets like bitcoin are at their most significant discount in a while, which he believes will cause the digital token to climb to $100,000 per coin.

Please see missing charts at links at the top of the video, we apologize for the inconvenience.
 
Credit to : Stansberry Research

Please support our Sponsors here : Hot Electronics Selection Top-rated Electronics, MAX 60% OFF, Embrace the future of technology!