Midyear Metals Outlook - Historic Sell Signal in Gold, Silver, Bitcoin? Copper May Guide Gold's roughly four-decade extreme vs. its 60-month moving average and a basket of US Treasuries in 1Q may have marked an enduring peak, akin to crude oil in 2008. Relatively resilient copper and industrial metals in 2Q could be riding the coattails of an inflated stock market, if plunging Bitcoin is a guide, as central banks shift to raising rates. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/th6jt9kgifph {BI COMD} #gold #copper #metals #stockmarket @Bloomberg(Mike McGlone)