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Bloomberg’s Mike McGlone: Recession Fears Could Drive Gold to $3,000

August 9, 2024
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In a current interview with Kitco Information, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, warned that the present financial state of affairs may surpass the 2008 monetary disaster in severity. Drawing comparisons to pre-2008 indicators, McGlone highlighted vital dangers of elevated inventory market volatility and international recession, significantly emphasizing financial challenges in China. He instructed that […]



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Tags: BloombergsDriveFearsgoldMcGloneMikeRecession
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