💡Gold’s surge may be a warning. Make sure your portfolio is ready. Get a free review with Wealthion’s endorsed financial advisors at https://bit.ly/48WDouu Gold’s record-breaking surge to $4,000 isn’t a bullish breakout, it’s a historic warning that deflation and a sharp market correction could be next. In this new Wealthion interview, Trey Reik sits down with Bloomberg Intelligence Senior Commodity Strategist Mike McGlone to decode what gold’s parabolic rise is really signaling. McGlone explains why the U.S. stock market’s record valuation (over 2.3 times U.S. GDP, the highest in history) is unsustainable, and why gold’s outperformance across commodities could mark the start of a deflationary shift, not another inflation wave. He also discusses the unprecedented divergence between rising gold and falling crude oil, what the gold-to-copper ratio is telling us about global demand, and why Treasuries may become the next big trade as risk assets unwind. 💡The in-person Silver Conference in Toronto has wrapped, but you can still watch the full event virtually. Get on-demand access to the Wealthion–SCP Resource Finance Global Silver Conference 2025 here: https://www.eventbrite.com/e/wealthion-scp-global-silver-virtual-conference-2025-replay-tickets-1902081851019?aff=oddtdtcreator 💡Get SCP Resource Finance and Trey Reik’s deep-dive Silver investing report by joining our accredited investor list here: https://www.wealthion.com/accredited 💡Protect your wealth with real gold and silver through Hard Assets Alliance: https://www.hardassetsalliance.com/?aff=WTH Chapters: 1:08 - Inside Bloomberg’s Commodity Playbook: What They Really Track 4:20 - Iron Ore vs. Copper: Why One’s Falling While the Other Soars 6:19 - Gold and Silver’s Record Runs: Did Even You See This Coming? 9:26 - Deficits, De-Dollarization & Fed Credibility: A Perfect Storm for Gold? 13:24 - Is Gold Now Running on Emotion Instead of Economics? 15:43 - The 60-Month Mean: What Extreme Valuations Are Flashing Right Now 19:30 - Is the Technical Picture Taking Over the Gold Narrative? 24:57 - The Moment of Truth: What Happens If Gold and Silver Break Higher? 28:39 - ⭐️Wealthion Golden Nugget: “I’m Worried” - Why Stocks Could Be the Real Risk in 2025 30:48 - Could a 35% Market Crash Actually Be a ‘Healthy Reset’? 33:09 - Beyond Precious Metals: Where Does Uranium or Copper Fit In? 35:05 - Gold’s Warning Signal: What Is It Trying to Tell Us About 2025? 38:43 - Lightning Round: Mike’s Big Calls on Bonds, Stocks & Metals Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #Gold #Silver #PreciousMetals #MikeMcGlone #Bloomberg #Deflation #MarketCrash #MacroInvesting #Commodities #Bonds #Treasuries #StockMarket #Inflation #Economy #PortfolioStrategy #RiskManagement #HardAssets #SafeHaven ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.   While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.   We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.   The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.