Mike McGlone|Nov 04, 2026 11:18
Double Down or Get the Heck Out? Commodities Pump-then-Dump
Silver's reversal of its roughly 60% surge in 1Q to about a 30% decline in 2026 through Nov. 3, returning to a price first traded in 1980, may underscore a typical commodity cycle that's spreading. Despite WTI crude oil ending October above $100 a barrel -- a level first traded in 2008 -- many commodities have lost ground, notably US natural gas, copper, grains and Bitcoin, potentially signaling that the pump-then-dump pattern is broadening.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tnz2l8r24u80 {BI COMD}
#copper #silver #Bitcoin #gold #commodities @BBGIntelligence
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