Scott Bauer covers the commodities market. Bitcoin is near all-time highs, and he calls President Trump’s executive order to expand 401(K) plan access “huge.” A weaker dollar, expectations for a Fed rate cut, and easing global liquidity have all been major tailwinds for Bitcoin, he argues. Gold, which hit a record high on Friday, fell today, which Scott partially pins on “risk-off” Russia/Ukraine developments. Oil is still “sell the rip” in Scott’s estimation, and anticipates price hitting the “low 60s” if there is a Russia/Ukraine peace deal.