Gold will rise 50% to $3,000, says Bloomberg expert

Although our focus is of course entirely on bitcoin (BTC), the price of gold should not escape our attention. Gold and bitcoin have often shown a high correlation with each other in the past.

In addition to bitcoin, gold also seems to have good times ahead. With all the geopolitical and macroeconomic turmoil, the precious metal seems to be an attractive investment option for investors and institutions again. According to Bloomberg expert Mike McGlone, the price of gold could rise to $3,000 next year.