Mike McGlone: ‘Bitcoin, Gold and US Treasury bonds to become top performers’

Bloomberg’s chief expert on commodities, Mike McGlone, has shared his take that in the second half of 2012, Bitcoin and two other major assets are likely to become top performers on the financial markets.

Mike McGlone has taken to Twitter to say that, according to Bloomberg data, three assets—Bitcoin, gold and U.S. Treasury bonds— are expected to become top-performing assets in the second half of this year.

At the moment, these three are undergoing substantial corrections, according to Bloomberg’s chief commodity strategist, as they are entering bull markets.

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