The David Lin Report · Monday, June 29, 2026
Michael Howell suggests that the significant drops in gold and Bitcoin prices are early indicators of upcoming broader market weakness. He highlights that gold is down nearly 30% from its highs, and Bitcoin has fallen over 50% from its all-time high, correlating with slowing global liquidity.
“Gold is down nearly 30% from its highs earlier this year, while Bitcoin is down more than 50% from its all-time high last year.”
“These two assets serve as a warning for what's to come for the rest of the markets.”
“Ultimately, then, do you think that gold and Bitcoin have those markets have seen this coming, so to speak?”
“Yes. I think the Bitcoin is the the the baro- Bitcoin is a is a very good barometer of US liquidity conditions.”