Mike McGlone
Mike McGlone|Sep 06, 2025 14:04
What Stops Gold/Crude 100x? Gold ETF inflows are on a tear after four years of outflows, central banks are still buying and the metal's five-month bull-flag pattern signaled a market ripe to rise. Conversely, crude remains in an oversupplied bear market that might not bottom until 40 a barrel. The gold/silver cross spurt above 100x in 1H may guide gold/crude. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t18k28gpqq9z {BI COMD} #gold #crudeoil #macroeconomics @BBGIntelligence(Mike McGlone)
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