Are oil prices going back to $50/bbl? Mike McGlone thinks it's a near term possibility... you'll have to watch the newest episode of Talk.Energy Podcast - Episode 18: Commodities Update with guest Mike McGlone to hear his reasoning.
Mike is a Senior Commodities Strategist for Bloomberg Intelligence and his background is trading commodities.
This episode we talk about everything from crude oil to bitcoin prices and where Mike sees the current state of the markets.
We also discuss how long term natural gas and oil are deflationary and aren't likely to trend higher in price over time.
Lastly we talk about the Fed and how its easy money policies seem like they are causing the the value of commodities to go up but in reality it is causing the value of our currency to go down.
Hope you enjoy the show!
Website: https://talk.energy/
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Twitter https://lnkd.in/gFgf8ZR
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