Commodity Price DEFLATION Coming Says Bloomberg Commodity Strategist Mike McGlone
Listen to hear why Bloomberg Senior Commodity Strategist Mike McGlone foresees commodity price deflation soon. In this interview Mike also shares his outlook for oil, natural gas, iron ore, copper, PGEs, precious metals, bitcoin and more.
0:00 Introduction
0:35 Federal Reserve tapering
3:49 Chairman Powell a profile in courage
6:54 Supply chain bottleneck
9:18 NatGas
12:06 Supply chain issues as a result of vaccine mandate
13:59 Copper
15:35 Agriculture sector & U.S. farmland
17:27 Iron ore
18:48 PGEs
20:20 Gold
21:42 Bitcoin
24:28 Full-scale bitcoin adoption in U.S.?
