Global Economic Reset Looms: Bitcoin Price May Fall Below $10k, Gold Poised to Rally - Mike McGlone

In a riveting interview, Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, dives deep with Mike McGlone, Senior Macro Strategist at Bloomberg Intelligence. McGlone discusses the ominous signs in the global economy, painting a picture that resembles the haunting days of the Great Depression. He points a finger at China as the potential catalyst for what he calls "a global economic reset," sparking a crucial conversation about the fate of assets like Bitcoin, gold, U.S. equities, crude oil, and copper in this tumultuous scenario. McGlone also waves a series of red flags within the U.S. economic data, making this a must-watch interview for investors seeking insight into the future.

Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
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Follow Mike McGlone on Twitter: @mikemcglone11 (https://twitter.com/mikemcglone11)

00:00 - Intro
01:18 - Signs of a Great Depression
07:23 - China as the trigger
14:41 - What’s happening with the U.S. dollar
16:04 - BRICS and de-dollarization
19:13 - How does the worst recession of our lifetime look like?
25:00 - Jackson Hole
27:47 - Oil, gold, copper
35:20 - Bitcoin
52:13 - This could derail McGlone’s thesis

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