Contrasting Economic Indicators: Wealthy Spending vs. Looming Recession

Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, examines the indicators suggesting an impending global recession, arguing that gold outperformance versus silver signals economic contraction while predicting continued stock market weakness and potential deflation despite short-term inflationary pressures from tariffs.Mike’s last interview on "The David Lin Report":   • ‘Severe Deflation’, Correction In 202...  *This video was recorded on April 28, 2025.Use my promo codes to get a 10% discount on BTC Vegas (May 27-29), the world's biggest Bitcoin conference:BTC Vegas 2025: https://tickets.b.tc/event/bitcoin-20...BitcoinAsia: https://tickets.b.tc/event/bitcoin-as...Subscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMF...Listen on Apple Podcasts: https://podcasters.spotify.com/pod/sh...FOLLOW MIKE MCGLONE: Twitter (@mikemcglone11): https://x.com/mikemcglone11LinkedIn (@mike-mcglone-a8442513):   / mike-mcglone-a8442513  FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV):   / davidlin_tv  Instagram (@davidlin_TV):   / davidlin_tv  For business inquiries, reach me at david@thedavidlinreport.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 – Intro.1:02 – Inflation expectations3:05 – Tariff impact8:21 – Market indicators12:34 – Phillips Curve breakdown14:11 – Gold/silver cross18:26 – Metals forecast20:51 – Front-running recession24:34 – Gold/Bitcoin28:20 – Bullish assets30:22 - Bitcoin34:10 – DXY and Oil#investing #economy #bitcoin