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
Brutus Mining Inc. (CSE: BRU) (FSE: ZI3) is pleased to announce that it has closed its non-brokered ... READ MORE
Jaguar Uranium Corp. (NYSE American: JAGU) is pleased to announce an independent Mineral Resource E... READ MORE
Auro Metals Inc. (TSX-V: AURO) (OTCQB: AURFF), is pleased to announce the assay results of the fina... READ MORE
Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) is pleased to announce that repairs to the primary bal... READ MORE
Scorpio Gold Corp. (NASDAQ: SGLD) (TSX-V: SGLD) (OTCQB: SRCRF) (FSE: RY9) is pleased to announce re... READ MORE