Spiking Gold and Falling Crude Is Getting Scary - The energy sector appears in a typical cycle of probing for low-price cures, on the back of spikes to 2022 highs. It's a question of how low crude oil will need to go to shift supply vs. demand imbalances. This years' 55-a-barrel trough is roughly the break-even cost in the US, the world's largest energy producer and net exporter. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t1p827gq1yqm {BI COMD} #crudeoil #naturalgas #energy @BBGIntelligence(Mike McGlone)