Join Michael Fox as he interviews Mike McGlone, Bloomberg Intelligence’s Chief Commodities Analyst, on the oil market crisis sparked by the Strait of Hormuz closure—potentially a black swan event? Mike admits underestimating U.S. military prowess in securing the strait, where 20% of global energy flows, yet oil prices only spiked 50% instead of doubling. They break down market volatility, crude oil surpluses, gold & silver corrections, recession risks from high oil at $55 breakeven post-$130 peak, stock market drawdowns to $40K, Bitcoin warnings, and investment strategies like holding treasuries amid 2008-like conditions, Trump’s role, Iran threats, and global recession implications. Don’t miss expert insights on navigating this chaos!
#OilCrisis #StraitOfHormuz #OilPrices #MarketVolatility #RecessionRisks #GoldSilver #StockMarketCrash #BloombergIntelligence #Commodities #InvestingStrategy #MikeMcGlone #TrumpEconomy
VIOR GOLD CORPORATION INC. (TSX-V: VIO) (OTCQB: VIORF) (FRA: VL5)... READ MORE
Gravity-Finish Re-Assay Confirms High-Grade Gold Mineralization a... READ MORE
American Pacific Mining Corp. (CSE: USGD) (OTCQX: USGDF) (... READ MORE
Saw-cut sampling returned 20.2 g/t gold over 5.0 meters at surfac... READ MORE
McEwen Inc. (NYSE:MUX) (TSX: MUX) announced its first quarter fin... READ MORE