McGlone identifies a resistance level at 2.4x the S&P 500-to-gold ratio, underscoring potential market shifts. With a 29% increase in gold prices in 2024, predictions tilt towards gold’s dominance over stocks in 2025. In a detailed financial analysis, Mike McGlone, Bloomberg’s senior commodity strategist, highlighted emerging trends indicating that Bitcoin might reflect broader economic shifts, particularly influencing the S&P 500 index against gold. McGlone noted…
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