Commodity Peak Risks May Start With Gold Peak gold could be signaling a broad commodity top. Or is the retreating store of value simply dipping within a broader bull market? My bias leans to the former. The graphic highlights top reasons why: gold is retreating from its greatest-ever premium in 1Q to the Bloomberg Commodity Spot Index (BCOM), while the S&P 500 has surged to its highest year-end reading vs. GDP since 1928. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tj18sokip3i8 {BI COMD} #gold #commodities #stockmarket @Bloomberg(Mike McGlone)