Mike McGlone
Mike McGlone|Jun 18, 2026 10:38
Gold, Crude, Bitcoin May Reflect a 1929, 2008 Combo in 2026 Gold's historic surge in 2025-26 peaked ahead of the Iran war. Is it a warning of broader issues? Bitcoin's plunge is taking on pump-then-dump contagion, and crude oil is a top candidate to follow a similar path to 2008. Stock-market volatility is at multidecade lows relative to most commodities in a midterm-election year, with US market capitalization-to-GDP surging to an apex akin to 1929. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tgtl59kgifso {BI COMD} #gold #crudeoil #stockmarket #Bitcoin @Bloomberg(Mike McGlone)
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