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@mikemcglone11
"Gold Up Crude Oil Down -- A Global Recession Path - Military escalation between Israel and Iran have lifted crude oil back to end-of-2024 levels which may incentivize more supply and add fuel to recessionary leanings. Full report on the Bloomberg here: BI COMD #crudeoil #gold #energy @BBGIntelligence" @mikemcglone11 on X 2025-06-18 11:03:24 UTC 69.6K followers, 2626 engagements
"Gold vs. Bitcoin 2025 - The rock is up about XX% this year to June XX vs. XX% for Bitcoin and +2% for the S&P XXX. A strong year-end could be a headwind for gold -- but what if stocks drop My bias is that the Bitcoin/gold cross currently at about 31x is more likely to drop with stocks. Full report on the Bloomberg terminal here: BI COMD #gold #bitcoin #stockmarket @BBGIntelligence" @mikemcglone11 on X 2025-06-19 16:38:41 UTC 69.6K followers, 2707 engagements
"What Stops $XX Crude $4000 Gold Global Recession Paths - Gold's enduring uptrend and crude oil's persistent downtrend might be gaining momentum with global recessionary implications. Crude's June bounce to about $XX a barrel could reinforce its post-2008 tendency to decline toward $XX while $4000 an ounce round number resistance in gold may teeter on a bit of reversion in the US stock market. Full report on the Bloomberg here: BI COMD #gold #crudeoil #stockmarket @BBGIntelligence" @mikemcglone11 on X 2025-07-01 11:25:08 UTC 69.6K followers, 3236 engagements
"Increasing UST Yields Copper vs. China Deflation Path - The trend is up if 200-day moving averages of copper and the US Treasury 10-year note yield are guides but trajectories in China show otherwise. Iron ore and government bond yields in the largest commodity importer are declining. Full report on the Bloomberg here: BI COMD #copper #china #bonds @BBGIntelligence" @mikemcglone11 on X 2025-07-17 11:23:32 UTC 69.6K followers, 2424 engagements
"Happy US Independence Day. Lots to be grateful for like very high stock market cap to government debt. Gold's about XX% gain vs. the S&P 500's XXX% total return in 2025 to July X may suggest the metal is searching for limits of the US wealth-creation machine. Runaway deficit spending buoys gold and the stock market but equities could have reached diminishing returns. My graphic shows the market cap-to-debt ratio stretched to 1.80x and potentially topping out below the 2021 1.88x peak. That high was significant due to the biggest money pump in history and last matched in 2007. Full report on" @mikemcglone11 on X 2025-07-04 17:14:37 UTC 69.6K followers, 4605 engagements
"Will the Rock Beat Stocks and Bitcoin in 2025 Gold outperforming the S&P XXX is disconcerting but what if the old guard store of value keeps beating Bitcoin in 2025 About 18-million cryptos listed on CoinMarketCap vs. one in 2009 may suggest a bit of irrational exuberance. My 2025 performance chart shows a ho-hum 2025 to July XX. Is outperforming gold anticipating a down year for beta Full report on the Bloomberg here: BI COMD #gold #bitcoin #stockmarket @BBGIntelligence" @mikemcglone11 on X 2025-07-15 17:29:42 UTC 69.6K followers, 2519 engagements
"As long as the stock market keeps going up Bitcoin should be fine. Does gold get it At about the same level as first traded in 2021 Bitcoin/gold used to share same-chart syndrome with the S&P XXX but has been showing divergent weakness since 2Q24. Will the ratio of the highly speculative digital risk asset vs. ancient store of value catch up to beta or is it an early warning Full report on the Bloomberg here: #gold #bitcoin #stockmarket" @mikemcglone11 on X 2025-07-21 10:52:43 UTC 69.6K followers, 2861 engagements
"A Lot May Be Riding on Rising Bitcoin vs. Gold - The Bitcoin/gold cross a top risk-asset leading indicator might be rolling over if its 200-day moving average is a guide. Full report on the Bloomberg here: BI COMD #gold #bitcoin #stockmarket" @mikemcglone11 on X 2025-07-17 11:28:23 UTC 69.6K followers, 3450 engagements
"If VIX Bounce Is Done at XXXX Gold May Trail vs. Beta Copper - The rising price of gold vs. US equities could face resistance if the Cboe Volatility Index (VIX) for the S&P XXX stays below XXXX. Our analysis of 200-day moving averages shows a stalled VIX recovery Bitcoin at a rollover inflection point vs. gold and copper at risk of following deflationary trends in China. Full report on the Bloomberg here: BI COMD #gold #bitcoin #copper #stockmarket @BBGIntelligence" @mikemcglone11 on X 2025-07-17 11:33:37 UTC 69.6K followers, 2501 engagements