Mike McGlone Predictions

Senior Commodity Strategist at Bloomberg Intelligence

Track Mike McGlone's public market predictions and forecast accuracy. Each prediction is recorded from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.

29 forecasts 20% accuracy 1 correct 4 wrong 24 pending
  • Rankings only reflect predictions tracked on this site and do not represent a predictor's full record.
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29 forecasts
Person Subject Forecast* Source Date Deadline** Outcome
Mike McGlone Gold Gold has peaked and will experience years of bad performance (sideways to down), similar to crude oil's range-bound pattern since 2008
See quote
[25:24] do you think gold, it sounds like you think gold has peaked? Yeah. And if it does, are we in in more of a fluid situation where we'll see it move up and down or is this sort of peaked and we're going to face another one of these decades long period where we're sideways? Exactly. You you nailed it. The ladder is exactly way to do it. So, typically the way it works in gold and silver, we should expect years of bad performance after a period like this of way of outperformance.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Wealthion 2026-05-19 2035-05-19 pending
Mike McGlone S&P 500 Stock market volatility will pick up significantly in 2025
See quote
[17:00] one of my my key theme at the beginning of the year is stock market volatility is just too low compared to the volatility spiking we're seeing in crude oil and gold. We've never had gold like I mentioned earlier volatility run at two times that of the S&P 500 for long. Usually stock market volatility picks up.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Wealthion 2026-05-19 2026-12-31 pending
Mike McGlone Inflation Rate Inflation will peak and then turn sharply deflationary, potentially going negative (post-inflation deflation), paralleling the 2008-2009 pattern
See quote
[17:18] CPI peaked in July of 2008 at about 5.6%. Right now we're 3.8%. And by 2009 CPI had bottomed at minus 2%. I see parallels. The number one theme for that was the last time we had a decline in global GDP

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Wealthion 2026-05-19 2027-05-19 pending
Mike McGlone Bitcoin Bitcoin has already dropped nearly 50% from its peak, and metals will follow a similar pattern of decline
See quote
[27:57] metals look very much like cryptos last year. Now if you mentioned something the crypto bearish the crypto people last year they looked at me like three heads and since you know Bitcoin's dropped what almost 50% from the peak um not just one now that's just how things work

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Wealthion 2026-05-19 2027-05-19 pending
Mike McGlone Tether Tether (stablecoin) will continue to grow in assets under management and climb the crypto market cap rankings
See quote
[28:43] Tether. It's the number one crypto dow stable coin. It's number three um right now behind Bitcoin, Ethereum. If you look at Enduring Trends, it's been flipping everything, meaning jumping up the curve cryptos. I fully expect that to to continue

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Wealthion 2026-05-19 2027-05-19 pending
Mike McGlone Oil Oil will drop to closer to $50 by the midterm elections
See quote
[0:07] In that December crude oil future right now, it's $77. I fully expect it to be closer to 50 by the time we get to midterms.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-04-24 2026-11-03 pending
Mike McGlone Copper Copper above $6 is a prudent short opportunity
See quote
[11:16] So copper is on my above six you showed right there is on my potentially prudent short list because it is stuck.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-04-24 2027-04-24 pending
Mike McGlone Bitcoin Bitcoin will eventually drop to around $10,000 to complete its low price curve
See quote
[21:18] I still think at least this year the next key supports around 50,000. I put 75 as the first prudent resistance and I think the whole low price curve is not going to be complete until it gets to around 10,000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-04-24 2029-04-24 pending
Mike McGlone Gold Gold will trade between $3,000 and $6,000 for a decade
See quote
[25:54] I think gold is likely to trade between 3,000 and 6,000 for a decade.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-04-24 2036-04-24 pending
Mike McGlone 10-Year Treasury Yield The 10-year Treasury yield will go to 3.9%
See quote
[30:29] The 10-year Treasury yield 4.3%. Uh, what's more likely? 4% or 5%. 3.9.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-04-24 2026-12-31 pending
Mike McGlone Inflation Rate Inflation will be at 2% by the end of the year
See quote
[30:46] Inflation at 3.5 by the end of the year or three? Uh, two.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-04-24 2026-12-31 pending
Mike McGlone Oil WTI crude oil will reach $40 per barrel by end of 2026
See quote
[0:11] I think this is the year I finally get to my $40 barrel call in crude oil.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2026-12-31 pending
Mike McGlone Gold Gold will initially drop to $4,000
See quote
[0:15] I'm not a fan of gold. I think initially goes to 4,000. That I haven't said that in decades. I fully expect silver to go back to near 50 and gold initially to buy to drop down to 4,000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2026-12-31 pending
Mike McGlone Silver Silver will go back to near $50
See quote
[0:18] I fully expect silver to go back to near 50 and gold initially to buy to drop down to 4,000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2026-12-31 pending
Mike McGlone S&P 500 The S&P 500 will experience a third 50% drawdown since 2000
See quote
[0:06] Like this is the beginning of the third 50% draw down in the S&P 500 since 2000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2026-12-31 pending
Mike McGlone Inflation Rate Inflation will be close to zero by end of 2026 or 2027
See quote
[17:19] I fully expect this number to be close to to zero by this year, if not next year.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2027-12-31 pending
Mike McGlone Bitcoin Bitcoin will drop to 50,000 first, then to 10,000
See quote
[0:01] I think Bitcoin the first stop is around 50,000. It would drop a zero. The first stop was around 50,000. I think it's going to 10,000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-12-16 2026-12-31 pending
Mike McGlone Treasury Yields Bond yields will go lower next year
See quote
[1:26] I think it's about time we're going to get a pretty significant reversion next year in stock market bond yields to go lower

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-12-16 2026-12-31 pending
Mike McGlone S&P 500 The S&P 500 will have a down year in 2026, potentially reverting towards 5,000
See quote
[15:28] I think next year is going to be a down year for the total return. I don't know how much maybe reverting towards 5,000 S&P 500.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-12-16 2026-12-31 pending
Mike McGlone 10-Year Treasury Yield US 10-year Treasury yield will head towards 1.85% (similar to China's level)
See quote
[16:05] I think we're going to head towards that 10 note yield in China which is 1.85%. Currently in US is about 4.15%.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-12-16 2026-12-31 pending
Mike McGlone Gold Gold can easily drop back a third to around $3,500
See quote
[4:41] it can either drop easily back a third which would be around 3500 and to go from here to 5,000 anytime soon is um would be you know I'm already pointing out how historically stretched it is now would just be um unprecedented.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-10-28 2026-10-28 pending
Mike McGlone Bitcoin Bitcoin is at risk of dropping 90%
See quote
[0:19] I think Bitcoin's at risk of losing a zero, dropping 90%, the whole rest of the space dropping 95, mostly maybe 99%.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-10-28 2026-10-28 pending
Mike McGlone Gold Gold will reach $4,000 per ounce
See quote
[10:16] So I think that ratio is going back to 100 because I see gold heading to 4,000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-09-02 2025-12-31

The prediction claimed gold would reach $4,000 per ounce, and the period high during the target window reached $4,556.3 on 2025-12-26, which exceeds the $4,000 target, making this prediction correct.
Mike McGlone Oil Crude oil will drop to $40 per barrel
See quote
[10:32] And I think crude oil is going back to 40.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-09-02 2025-12-31

The prediction claimed crude oil would drop to $40/barrel, but the period low was $54.98 on 2025-12-16, which is $10.61 above the $40 target, representing only a 16.2% decline from the prediction date price of $65.59 rather than the 39% decline needed to reach $40.
Mike McGlone S&P 500 The S&P 500 will have a 50% drawdown, marking the third such decline since 2000
See quote
[21:09] well here's my base case I started out the year I think this is going to be a down year for the stock market in the beginning of the third 50% draw down in the S&P 500 since the start of um since 2000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-09-02 2025-12-31 wrong
Mike McGlone S&P 500 S&P 500 will be down 20% or more by end of 2025
See quote
[13:50] I think we're in a bare market in US stock market. It's early days. I think it'd be we'd be delightful if we end this this year not down 20% or more.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-04-29 2025-12-31

The prediction claimed S&P 500 would be down 20% or more by end of 2025; the period low of $5433.24 represents only a 2.3% decline from the prediction date price of $5560.83, falling far short of the required 20% threshold.
Mike McGlone Unemployment Rate Unemployment will reach 6% after bottoming at low levels
See quote
[8:56] we do expect to be 4.2%. Anowong expect to be 5% next year. The bottom line is you look at that chart looks like a bull flag. It looks like it's heading to 6%. Historically it's always gone to 6% after bonding is low as it was last year around 3.2 or so.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-04-29 2026-12-31 pending
Mike McGlone Oil Crude oil will reach $40 a barrel
See quote
[11:27] looked like crude oil to me was going to head to $40 a barrel. Now we have a good reason to do that.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-04-29 2026-12-31 pending
Mike McGlone Bitcoin Bitcoin faces major risk of going back down to $10,000
See quote
[31:21] So g back down to 10,000 is still I think the major risk potential for Bitcoin if it can stay above these levels for just a couple more weeks. I might have to kill that view.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-04-29 2025-12-31 wrong