“We Are In The Endgame!” Gold Is Leading It All | Mike McGlone
Mike McGlone, Senior Commodity Strategist at Bloomberg, returns to Soar Financially with a sobering macro outlook: Gold is up, crude oil is collapsing, and the US stock market is dangerously overvalued.
In this episode, McGlone explains why the recent bounce in equities is not a recovery, but a “faint.” He warns that soaring bond yields, consumer credit cracks, and global deflationary pressures signal deeper trouble ahead. He also addresses crude oil manipulation, the Fed’s inflation trap, and why gold might still be your safest play.
#Gold #Oil #stockmarket
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👨💼 Guest: Mike McGlone, Senior Commodity Strategist
🏢 Company: Bloomberg
𝕏 @mikemcglone11
📅 Recording date: May 22nd, 2025
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