Mike McGlone|May 12, 2026 10:44
Gold, Silver May Face a Typical Cycle: Years of Bad Performance
Crude oil has been stuck in a range for about two decades and is approaching the upper end, which could be a guide for what to expect in gold and silver. The precious metals may face a period of poor performance following their high-velocity rallies to 1Q peaks. Parabolic price moves can be a primary factor shifting supply-demand imbalances.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tex2makgifrh {BI COMD}
#gold #silver #crudeoil @BBGIntelligence(Mike McGlone)
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