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Prospectort Podcast – Mike McGlone: Strait of Hormuz Crisis Sparks Oil Chaos – Recession & Stock Crash Ahead?
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
Posted March 12, 2026
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Santacruz Reports Q1 2026 Production of 1,341,499 Ounces of Silver and 21,640 Tonnes of Zinc, with Continued Recovery of Production at Bolivar Mine
Santacruz Silver Mining Ltd. (NASDAQ:SCZM) (TSX-V:SCZ) announces that total production in the first ... READ MORE
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Greenland Government Approves Transfer of Final 50.5% of Tanbreez, Taking Critical Metals Corp. to 92.5% Ownership
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NMG Announces Closing of US$96.5 Million Equity Public Offering
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Group Eleven Drills 23.5m of 12.3% Zn+Pb and 46 g/t Ag, Further Confirms Deeper Cu-Ag Mineralization and Extends Mineralized Strike by 600m to 3.2km
Group Eleven Resources Corp. (TSX-V: ZNG) (OTCQB: GRLVF) (FSE: 3GE) is pleased to announce new assay... READ MORE
April 16, 2026
Argenta Silver Step-Out Drilling Intersects 679 g/t Ag over 13.5m, including 1,163 g/t Ag over 4.0m, Resource Continuity and Expansion Continues
Argenta Silver Corp. (TSX-V: AGAG) (OTCQX: AGAGF) (FSE: T1K) is pleased to report the third set of ... READ MORE
April 16, 2026
