Video News/Market Analysis

Jeremy Szafron, Anchor at Kitco News, interviews Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, to discuss the current market turbulence affecting global equities and commodities, with a particular focus on gold. McGlone draws comparisons between today’s market conditions and the global financial crisis, suggesting this period could potentially be worse. He advises caution against buying the dip in equities, highlighting the importance of understanding the ongoing 'normal back and fill' market corrections. McGlone also explains the relationship between gold and US Treasury yields, providing insights into why gold might emerge stronger in this environment.