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VRIC Media: Everything is Pointing to a Worse Crash than 2008

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In a recent interview on VRIC Media, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, shared his expert analysis on the current state and future outlook of … commodities, including gold, crude oil, and cryptocurrencies. McGlone’s insights offer a nuanced perspective on the macroeconomic landscape, highlighting the potential for a deflationary environment, rather than inflation, and the implications for investors. McGlone warns that global economic shifts, including China’s slowing economy and structural changes in commodity demand and supply, are likely to drive a deflationary environment. This is in contrast to the prevailing narrative of inflation, and investors would be wise…

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