Deflationary Shock: Gold to $4,000 & Oil to $40, just like 2008

April 04, 2025

In this high-stakes episode of Soar Financially, host Kai Hoffmann is joined by the sharp and fearless Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence. From warnings of a 1929-style crash to bold calls for gold at $4000, Mike delivers an unfiltered, data-packed breakdown of what’s next for commodities, deflation, tariffs, and the broader markets. Is China heading into a Japan-style collapse? Will Trump’s economic agenda flip the script? And is copper flashing red for recession? Strap in for an urgent, no-holds-barred market forecast that covers it all.

#gold #commodities #macroeconomics

-----------
Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver
------------

👨‍💼 Guest: Mike McGlone, Senior Commodity Strategist
🏢 Company: Bloomberg
𝕏 @mikemcglone11
📅 Recording date: April 3rd, 2025

---------------------
📆 Save the Date 📆
DEUTSCHE GOLDMESSE
May 16 & 17, 2025 in Frankfurt, Germany
www.deutschegoldmesse.com
FREE Registration for Investors!
---------------------

📰 Up-to-Date Commodity Prices & Commentary 📰
👉 Clear Commodity Network 👈
🌎 https://clearcommodity.net/ 🌎

►► Follow Us! ◄◄
Twitter: http://twitter.com/soarfinancial
Website: http://www.soarfinancial.com/

0:00 – Intro: Welcome to Soar Financially
00:39 – Kai’s Intro & Mike McGlone Returns
01:15 – “Economic War” and What It Means
03:20 – Are We Headed for a 1929-style Crash?
06:05 – Market Mean Reversion Explained
07:42 – Oil Outlook: Why $40 Is on the Table
10:30 – Trump, Inflation & Tariff Impacts
13:00 – Why This is a “Deflationary Shock”
15:14 – Doctor Copper Flashing Recession
17:35 – China’s Deflation Spiral = Japan 2.0?
20:45 – Global Export Crisis & the End of Free Trade
23:18 – Gold vs S&P 500: Heading to 1:1?
24:40 – Gold vs Bonds: New All-Time Ratio
26:12 – $4000 Gold & the Next Big Trade
28:06 – Margin Calls, Liquidations & ETF Flows
30:10 – Bitcoin, Crypto & the Dotcom Parallel
32:00 – Final Thoughts: Japanification of the U.S.?
33:10 – Where to Follow Mike McGlone

**Disclaimer:**

Some of the links presented might be affiliate links. We might receive a commission if a purchase is made using those links!

Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary.

Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi (short for conflict of interest).

Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial’s content, each consumer of Soar Financial content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences.

#Gold #Commodities #Macroeconomics #Deflation #MarketCrash #Recession2025 #MikeMcGlone #SoarFinancially #StockMarket #Investing #Tariffs #OilPrices #CopperPrices #ChinaEconomy #GoldVsBitcoin #FederalReserve #Geopolitics #Inflation #Bloomberg #GoldForecast

Soar Financially

At Soar Financially we discuss the macro to understand the micro - an informative, non-pretentious interview format, focused on economic macro trends that are shaping the markets. We speak with global market experts about the US Dollar, FED action, gold & silver & stocks.

View all podcast by Soar Financially