Mike McGlone: The Next Big Catalyst for Gold will be a Stock Market Crash

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  • Опубликовано: 13 янв 2025

Комментарии • 97

  • @JoeStacks419
    @JoeStacks419 17 дней назад +6

    15:35 Connecting silver with copper works on the industrial side, but we mustn't forget the monetary aspects of silver demand during crisis. A sustained GSR 100 + is hard to imagine.

  • @johnp.johnson1541
    @johnp.johnson1541 18 дней назад +19

    "I have been calling for $40 crude oil for two years." ~ Mike McGlone
    *So he has been wrong for two years.*

    • @sesh8863
      @sesh8863 18 дней назад

      Gromen says US shale needs 65$ oil to brake even, so even if it went to 40$, it wont stay there verry long.

    • @caugas
      @caugas 18 дней назад +4

      Dude is a total waste of time read my comment above

  • @Shoveltime198
    @Shoveltime198 17 дней назад +11

    Bitcoin is not digital gold. It is an electronic cash system. Read the white paper

    • @jacobs4545
      @jacobs4545 14 дней назад

      satoshi nakamoto = Central Intelligence

    • @athirstyguy
      @athirstyguy 12 дней назад

      The aim of a social project seldoms pans out to be the end product.
      Unfortunately, btc can't really be effective as money precisely because it is deflationary. Money that is limited in supply also means it can expand freely as debt as the economy grows thus making it bad as money.
      Leaving the gold standard (and silver standard as well in 19th century) was a good thing in this regard.
      You don't use a deflationary store of value as money.

  • @jordan101w31
    @jordan101w31 16 дней назад +234

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      @Joshi-d5m 16 дней назад

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      @ThaiHoa-k8y 16 дней назад

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  • @Drcynthiabmcneill0
    @Drcynthiabmcneill0 17 дней назад +96

    I reached $138k today. Thank you for all the knowledge and insights you've shared with me over the past few months. I began this journey in October 2024. Financial education is essential for over 70% of the population, as only a few are truly literate in this area.
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  • @caugas
    @caugas 18 дней назад +8

    This guys is talking about a 10% correction that crazy; reversion to the mean is 50% what a blow hard. Heads I win, tails you lose type of guest come on Tom. Talking through both sides of his face. We are in the biggest bubble of all time

  • @markmathews6876
    @markmathews6876 18 дней назад +5

    young Mike is full of shit as per the Russia situation I would question most of what he thinks

  • @thorstentrapp274
    @thorstentrapp274 18 дней назад +8

    Mike has no clue about geopolitics. Interesting...bashing China...the country with the most gold in the world by a wide margin, production facilities way above any other country in the world, highly educated and qualified workforce, plenty of savings among ordinary people (US citizens living on their credit card and paying 20-25% on their debt...yeah the US is strong...haha). What's the percentage of China exports to the US again...20% ?! Can America produce what it consumes? Do they have the infrastructure, factories and qualified people to do that? If yes, what are those people doing now? The US creates government and admin jobs...very helpful. Uh-oh gonna be a painful awakening and coming back into the real world.

  • @issenvan1050
    @issenvan1050 18 дней назад +5

    Isn’t there an under-investment in crude?

  • @sesh8863
    @sesh8863 18 дней назад +16

    This dude is waaaay too biased on the US

    • @MuckyMucky-z3c
      @MuckyMucky-z3c 18 дней назад +1

      Exactly 💯
      He said his kids are in the Navy, so not surprised.

    • @marooned-ou4fj
      @marooned-ou4fj 15 дней назад

      Total MSM bullshitter. When oil goes to $40 it signals serious recession, same with copper. Got as far as minute 15 and had enough. Sorry.

  • @KhiidZerri
    @KhiidZerri 17 дней назад +15

    Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️

    • @nancyflores1787
      @nancyflores1787 17 дней назад

      I'm 37 and have been looking for ways to be successful, please how??

    • @KhiidZerri
      @KhiidZerri 17 дней назад

      Sure, the investment-advisor that guides me is..

    • @KhiidZerri
      @KhiidZerri 17 дней назад

      Elizabeth stark

    • @henrymartin9168
      @henrymartin9168 17 дней назад

      Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark

    • @chesterstanley8487
      @chesterstanley8487 17 дней назад

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  • @issenvan1050
    @issenvan1050 18 дней назад +10

    Why doesn’t Trump own any BTC?

    • @teamplayer1634
      @teamplayer1634 18 дней назад +4

      Because its a ponzi scheme 🤷‍♂️

  • @HJuice23
    @HJuice23 17 дней назад +4

    Gold is Gold. Bitcoin is NOT Gold

  • @RestitutoZalika
    @RestitutoZalika 18 дней назад +1

    Appreciate the detailed breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?

  • @tredwygcdt
    @tredwygcdt 18 дней назад +4

    war with Iran? no mention. what happens to oil then?

  • @dw566
    @dw566 18 дней назад

    Rapid fire opinions, analysis and projections which made for an excellent interview.

  • @maxs351
    @maxs351 17 дней назад

    Date of recording?

  • @issenvan1050
    @issenvan1050 18 дней назад +1

    How about gold stocks w/ low crude prices?

  • @BatmanBoss
    @BatmanBoss 18 дней назад +1

    Palisades 🥇🥇🥇

  • @annedamskey1137
    @annedamskey1137 17 дней назад

    Great information. Thank you.

  • @sesh8863
    @sesh8863 18 дней назад +7

    ''Palisades Bitcon Radio''

  • @silvertad3833
    @silvertad3833 18 дней назад +4

    He just told you to buy Silver

    • @Cali736
      @Cali736 17 дней назад +2

      Love silver to the moon🎉

  • @issenvan1050
    @issenvan1050 18 дней назад +5

    Doesn’t China have the metals we need?

    • @teamplayer1634
      @teamplayer1634 18 дней назад

      They do but they shut off supply recently.

  • @Hunni-k3y
    @Hunni-k3y 17 дней назад +1

    7:53 is he celebrating that the new "government" of Syria is headed by former head choppers of Al qaida (they renamed multiple times but it's the same war criminals of Al qaida, now executing unarmed people in the streets) ??

  • @peterwolf2082
    @peterwolf2082 18 дней назад +3

    But when will this crash, that so many PM pumpers are wishing for, will happen ? ( Is the $64K question).

  • @MI-df8fr
    @MI-df8fr 17 дней назад

    Agree that’s only way gold will go up, but he didn’t mention maybe a dip first

  • @Mauitaoist
    @Mauitaoist 18 дней назад +10

    " silver is no where near being a monetary metal basically its just an industrial metal".....l think thee gold silver ratio will go above 100."
    Therefore buy Bitcoin ....bla bla bla he works for Bloomberg.

    • @Cali736
      @Cali736 17 дней назад +1

      Silver is a monetary metal, has been for 1000 of years. Nothing changed.
      Bloomberg! Fake news

  • @issenvan1050
    @issenvan1050 18 дней назад +1

    Deflation or disinflation, Mike?

  • @luciusvika3813
    @luciusvika3813 17 дней назад +3

    Digital gold. HA HA HA..Bitcoin is just digits. Fairy dust.

  • @christinanapolitano6837
    @christinanapolitano6837 17 дней назад

    Bloomberg?

  • @issenvan1050
    @issenvan1050 18 дней назад +1

    Will there be another fracking boom?

    • @teamplayer1634
      @teamplayer1634 18 дней назад

      Definitely….unless oil prices drop below $60

  • @stefanplachetta348
    @stefanplachetta348 12 дней назад

    Great, but if shares are falling, everytime the yellow nonsens is falling much worser.

  • @ActiveTravelWestUSA
    @ActiveTravelWestUSA 18 дней назад +1

    The way things are going expect a 30 percent drop in all indexes! If we are lucky! SHTF now! We need years to fix the real issues, top issue needs to be antitrust in all major industries! Oligopolies must end to bring back the American business spirt!

  • @stevePsutton
    @stevePsutton 18 дней назад +2

    BitCoin via Tether via $ Treasuries. To cap it all putting Bitcoin into ETFs is just asking for it to be manipulated as the unaudited Tether is at the moment. Good Luck .

  • @stevelambert2723
    @stevelambert2723 18 дней назад +3

    The demand for crude oil will come from the non western world, meaning 90% of the world population. I would be surprised that the price will go down on top of the hyperinflation (printing of money out of thin air) around the world.

    • @FreeSpeech4All
      @FreeSpeech4All 17 дней назад

      We could potentially see oil prices abroad spike and US drop based on government subsidies... especially in certain war scenarios.
      Sell at $150/barrel abroad to subsidize $30-40/barrel oil back home. But Iran, S.A. and Russia all need their facilities hit to make that happen... while the US stats intact and unmolested. 🤔

  • @ddprepper5227
    @ddprepper5227 18 дней назад +1

    Excellent report 👍👍👍👍👍👍💯

  • @PadKaPau
    @PadKaPau 15 дней назад

    This guy is like canarian bird.Talking too much

  • @prao4603
    @prao4603 18 дней назад +2

    US stock market isn't going to "correct" as much as he expects since a lot of capital is fleeing energy-poor and over-regulated EU for USA. We could see both USstocks and gold go up...