Mike McGlone|Dec 14, 2025 16:37
Sometimes Being Wrong Is Part of the Pain for the Gain:
- I was wrong about gold breaching $2,000 resistance in 2021-23
- The seed for $40 crude oil was planted by the surge above $100 in 2022
- Bitcoin’s rally above $100,000 may have sparked a cycle back toward $10,000, potentially in 2026
- Wealth-creation reversion will likely drive the next recession, led by a collapse in highly speculative, unlimited-supply digital assets -- most of which track nothing. First-born Bitcoin is down only about 5% in 2025 through December 14
- I have been wrong about a sustainable decline in US Treasury yields and the stock market -- it may be time in 2026
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t6byuekgzaio {BI COMD}
#gold #crudeoil #bitcoin #stockmarket @BBGIntelligence(Mike McGlone)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink