"The Cross of Death" What Iraqi soldiers nicknamed the A-10 Warthog during the 1991 Gulf War may also pertain to US Marines: You don't mess with US Marines! America gets lots wrong. Allowing the Strait of Hormuz to close was a mistake (one I did not expect) but now that it is -- soon to be was -- what's the motivation of the world's most powerful military, coupled with Israel (under attack for decades) and their intelligence services? Pound harder into submission seems obvious. Forty-Seven years of "Death to America" may be all President Trump needs to justify his bold decision -- and most would get it: Yeah, we're done with that. Step up - the next country to attempt a similar double dog dare to the US. That's the implications of not suppressing Iran's offensive capabilities tout suite. Gold gets it - back to $4,000, bull market over (views are my own). The store of value bought the Iran attack rumor and is selling the fact. After Iran's offensive capabilities are mopped up, it's a safer world. China-Russia will have lost Syria, Venezuela, Iran and probably Cuba. The crypto bubble peaked in 2025 and it's the metals turn in 2026 (alongside the stock market). Gold and silver 2026 highs may endure for years. Copper staying above $6, $90 silver, $5,000 gold seem akin to Bitcoin above $75,000 - Prove responsive shorts wrong. Crude $50 year-end US natural gas pumped-then-dumped 100% in 1Q,- how about crude? Crude will do what it has it the past: be it's own worse enemy. Akin to 2008's pump-then-dump, I expect WTI to end 2026 closer to $50 than $100. The latter would tilt toward a global recession. The former - normal reversion, notable if the stock market drops It's enjoyable to point out these facts and historic oxymoron: The leader of the world's largest energy producer and net exporter of crude oil, liquid fuels and natural gas wants lower prices and there's a significant election in November. Bitcoin Toward $10,000 Normal reversion of a the leader of a bubble of unlimited supply. It led the way up... Prove me wrong, stay above $75,000. Next big target support likely around $50,000. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tc7027kgifwr {BI COMD} #gold #crudeoil #bitcoin #stocks #commodities(Mike McGlone)