The Wolf Of All Streets Bitcoin FALLS As Gold & Silver RALLY! Are We On The Brink Of War?
Sep 1, 2025
Mike McGlone, a macro strategist at Bloomberg, joins investment manager James Lavish in an engaging discussion about the current financial landscape. They dive into the recent plummet of Bitcoin while gold and silver soar to record highs. Lavish warns of a looming U.S. consumer debt crisis and geopolitical tensions with Venezuela. The conversation also examines U.S. military movements and their implications for oil production, alongside the complexities of global economic pressures and the potential for Bitcoin as a refuge against inflation.
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Gold Is Front-Running A Global Shift
- Global central-bank gold buying and ETF inflows signal a structural shift toward safe-haven assets.
- Mike McGlone sees gold front-running risk-off forces that could push it much higher, possibly to ~$4,000/oz.
Silver Catching Up With Gold
- Silver and other precious metals appear to be following gold as fiat debasement and ETF flows lift the sector.
- Dave Weisberger expects silver to continue upward and views gold as a baseline for Bitcoin market-cap comparisons.
Three Drivers Behind Gold's Rally
- Gold's rise reflects multiple drivers: currency devaluation, geopolitical uncertainty, and expected Fed cuts.
- James Lavish argues investors are positioning for Fed easing and a tough September for risk assets.
