The Gold Reversal Call

McGlone argues gold’s significant rally is finished after making multi-decade highs. 

Gold peaked at $5,600 before crashing 27% to $4,100, marking what he calls the end of an era that began in 1997.

“The rally to me is over,” McGlone said. “Gold’s going to languish between $3,000 and $5,000 potentially for a decade. That’s just the way it always does.”

When it does, gold shifts from a safe haven to a highly speculative risk asset and puts in a peak.

The Bitcoin Warning

McGlone extends the same analysis to Bitcoin, arguing that the significant rally that lasted over a decade is finished. 

“Bitcoin warned us,” he said, noting that Bitcoin’s…

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