The David Lin Report ‘Hurricane Coming’: Brutal Warning For Stocks, Bitcoin, Gold In 2026 | Mike McGlone
11 snips
Dec 17, 2025 
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, shares his insights on the looming market shifts. He predicts a crash for Bitcoin, forecasting a drop to $10,000 and warns of upcoming deflationary pressures. McGlone discusses how gold's recent spikes suggest profit-taking rather than growth, while Treasury yields are expected to fall alongside plummeting stock prices. He also highlights the risks for altcoins and forecasts rising Bitcoin dominance amidst market corrections. Prepare for a turbulent financial landscape!
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Shift Into Treasuries
- Tilt toward Treasuries as a defensive allocation ahead of potential market declines.
- Locking in high-quality yields can act like a put on overpriced equities, Mike advises.
Easing Without Inflation Follow-through
- McGlone expects deflationary forces to assert despite Fed reserve purchases.
- He cites collapsing crude and rising gold as early signs of that divergence.
Gold's Stretch Requires Caution
- Gold's rapid rise has McGlone switching from fundamental bullishness to risk management caution.
- He warns stretched momentum historically precedes significant corrections even if higher targets remain possible.
