Mike McGlone Predictions

Senior Commodity Strategist at Bloomberg Intelligence

Track Mike McGlone's public market predictions and forecast accuracy. Each prediction is recorded from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.

19 forecasts 20% accuracy 1 correct 4 wrong 14 pending
  • Rankings only reflect predictions tracked on this site and do not represent a predictor's full record.
  • Grading involves judgment and may not always be clear-cut.
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19 forecasts
Person Subject Forecast* Source Date Deadline** Outcome
Mike McGlone Oil WTI crude oil will reach $40 per barrel by end of 2026
See quote
[0:11] I think this is the year I finally get to my $40 barrel call in crude oil.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2026-12-31 pending
Mike McGlone Gold Gold will initially drop to $4,000
See quote
[0:15] I'm not a fan of gold. I think initially goes to 4,000. That I haven't said that in decades. I fully expect silver to go back to near 50 and gold initially to buy to drop down to 4,000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2026-12-31 pending
Mike McGlone Silver Silver will go back to near $50
See quote
[0:18] I fully expect silver to go back to near 50 and gold initially to buy to drop down to 4,000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2026-12-31 pending
Mike McGlone Bitcoin Bitcoin will head towards $10,000
See quote
[0:24] I still think Bitcoin is going to head towards 10,000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2026-12-31 pending
Mike McGlone S&P 500 The S&P 500 will experience a third 50% drawdown since 2000
See quote
[0:06] Like this is the beginning of the third 50% draw down in the S&P 500 since 2000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2026-12-31 pending
Mike McGlone Inflation Rate Inflation will be close to zero by end of 2026 or 2027
See quote
[17:19] I fully expect this number to be close to to zero by this year, if not next year.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2026-03-20 2027-12-31 pending
Mike McGlone Bitcoin Bitcoin will drop to 50,000 first, then to 10,000
See quote
[0:01] I think Bitcoin the first stop is around 50,000. It would drop a zero. The first stop was around 50,000. I think it's going to 10,000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-12-16 2026-12-31 pending
Mike McGlone Treasury Yields Bond yields will go lower next year
See quote
[1:26] I think it's about time we're going to get a pretty significant reversion next year in stock market bond yields to go lower

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-12-16 2026-12-31 pending
Mike McGlone S&P 500 The S&P 500 will have a down year in 2026, potentially reverting towards 5,000
See quote
[15:28] I think next year is going to be a down year for the total return. I don't know how much maybe reverting towards 5,000 S&P 500.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-12-16 2026-12-31 pending
Mike McGlone 10-Year Treasury Yield US 10-year Treasury yield will head towards 1.85% (similar to China's level)
See quote
[16:05] I think we're going to head towards that 10 note yield in China which is 1.85%. Currently in US is about 4.15%.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-12-16 2026-12-31 pending
Mike McGlone Gold Gold can easily drop back a third to around $3,500
See quote
[4:41] it can either drop easily back a third which would be around 3500 and to go from here to 5,000 anytime soon is um would be you know I'm already pointing out how historically stretched it is now would just be um unprecedented.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-10-28 2026-10-28 pending
Mike McGlone Bitcoin Bitcoin is at risk of dropping 90%
See quote
[0:19] I think Bitcoin's at risk of losing a zero, dropping 90%, the whole rest of the space dropping 95, mostly maybe 99%.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-10-28 2026-10-28 pending
Mike McGlone Gold Gold will reach $4,000 per ounce
See quote
[10:16] So I think that ratio is going back to 100 because I see gold heading to 4,000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-09-02 2025-12-31

The prediction claimed gold would reach $4,000 per ounce, and the period high during the target window reached $4,556.3 on 2025-12-26, which exceeds the $4,000 target, making this prediction correct.
Mike McGlone Oil Crude oil will drop to $40 per barrel
See quote
[10:32] And I think crude oil is going back to 40.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-09-02 2025-12-31

The prediction claimed crude oil would drop to $40/barrel, but the period low was $54.98 on 2025-12-16, which is $10.61 above the $40 target, representing only a 16.2% decline from the prediction date price of $65.59 rather than the 39% decline needed to reach $40.
Mike McGlone S&P 500 The S&P 500 will have a 50% drawdown, marking the third such decline since 2000
See quote
[21:09] well here's my base case I started out the year I think this is going to be a down year for the stock market in the beginning of the third 50% draw down in the S&P 500 since the start of um since 2000.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-09-02 2025-12-31 wrong
Mike McGlone S&P 500 S&P 500 will be down 20% or more by end of 2025
See quote
[13:50] I think we're in a bare market in US stock market. It's early days. I think it'd be we'd be delightful if we end this this year not down 20% or more.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-04-29 2025-12-31

The prediction claimed S&P 500 would be down 20% or more by end of 2025; the period low of $5433.24 represents only a 2.3% decline from the prediction date price of $5560.83, falling far short of the required 20% threshold.
Mike McGlone Unemployment Rate Unemployment will reach 6% after bottoming at low levels
See quote
[8:56] we do expect to be 4.2%. Anowong expect to be 5% next year. The bottom line is you look at that chart looks like a bull flag. It looks like it's heading to 6%. Historically it's always gone to 6% after bonding is low as it was last year around 3.2 or so.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-04-29 2026-12-31 pending
Mike McGlone Oil Crude oil will reach $40 a barrel
See quote
[11:27] looked like crude oil to me was going to head to $40 a barrel. Now we have a good reason to do that.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-04-29 2026-12-31 pending
Mike McGlone Bitcoin Bitcoin faces major risk of going back down to $10,000
See quote
[31:21] So g back down to 10,000 is still I think the major risk potential for Bitcoin if it can stay above these levels for just a couple more weeks. I might have to kill that view.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

The David Lin Report 2025-04-29 2025-12-31 wrong