Crude, Gold, Silver and Venezuela; Too Hot Rocks vs. Oil? A transfer of power in Venezuela can add to a top headwind in crude oil prices: the Americas' shift to price maker from taker. I see a potential $42-$65-a-barrel range for WTI crude in 2026, notably due to rapidly rising North and South American supply. Juxtaposed with crude's low-price-cure track, up-too-much risks in gold and silver could be akin to cryptos in 2025. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t8fw6dkgifq7 {BI COMD} #gold #silver #crudeoil @BBGIntelligence(Mike McGlone)