Mike McGlone
Mike McGlone|Jul 09, 2025 11:55
Reset or Reversion? Record-Setting Copper, Beta, Bitcoin, Gold - If copper ends 2025 at its July 8 price at about 5.50 a pound, it would be the highest year-end ever for the economically-sensitive metal. My analysis of current commodity levels vs. historical year-ends suggests ample room for reversion in 2H -- or potentially the start of a significant reset. Falling Bitcoin vs. gold contradicts rising beta. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sz4mqldwrgg0 {BI COMD} #gold #copper #silver #crudeoil #bitcoin #stockmarket @BBGIntelligence
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