Michael Howell

CrossBorder Capital

Founder and managing director of CrossBorder Capital, the London liquidity research firm he started in 1996, and of GL Indexes, its liquidity data business. He is the author of Capital Wars and tracks global liquidity across some 80 economies, translating it into calls on stocks, bonds, gold, and bitcoin.

Unrated

• 26 Predictions
• 0 Right
• 0 Wrong

Current predictions

• Commodities: Michael is bearish on commodities in the short term (Nov 2026–May 2027) and bullish over the long term. (updated 2026-11-08) Source: Michael Howell: Pain Now, Money Printing Later. Price at prediction: $32.49. +5.1% since this short-term prediction.
• Gold: Michael is bullish on gold over the medium term and long term. (updated 2026-11-08) Source: Michael Howell: Liquidity Has Turned, Low Quality Returns Ahead for Stocks, and Real Driver of Gold. Price at prediction: $4,164. -4.1% since initial medium-term prediction.
• Gold: Michael is bullish on gold, with no stated time horizon. (updated 2026-11-04) Source: Liquidity Fueled This Bull Market. The Cycle Is Turning | Why Michael Howell is Watching Bonds. Price at prediction: $4,365. -8.5% since initial prediction.
• Bitcoin: Michael is bullish on Bitcoin, with no stated time horizon. (updated 2026-11-04) Source: Liquidity Fueled This Bull Market. The Cycle Is Turning | Why Michael Howell is Watching Bonds. Price at prediction: $77,046. -3.2% since initial prediction.
• Bitcoin: Michael is bullish on Bitcoin over the medium term and long term. (updated 2026-08-21) Source: Global Liquidity Has Peaked: What Happens to Bitcoin? | Michael Howell. Price at prediction: $66,020. +13.0% since this medium-term prediction.
• Long-Term Treasuries: Michael is mildly bullish on Long-Term Treasuries, with no stated time horizon. (updated 2026-11-02) Source: Michael Howell: Pain Now, Money Printing Later. Price at prediction: $82.00. -1.3% since this prediction.
• Long-Term Treasuries: Michael is mildly bullish on Long-Term Treasuries over the medium term (Oct 2026–Oct 2027). (updated 2026-10-28) Source: The Liquidity Trap: Why The Global Debt Bubble Is About To Burst | Michael Howell. Price at prediction: $81.46. -0.7% since this prediction.
• Intermediate Treasuries: Michael is bearish on Intermediate Treasuries over the long term. (updated 2026-09-22) Source: Michael Howell: FED Rate Hikes Will Trigger The Biggest Bull Run Ever. Price at prediction: $91.18. +0.3% since this prediction.
• Intermediate Treasuries: Michael is bearish on Intermediate Treasuries, with no stated time horizon. (updated 2026-08-21) Source: What Bessent Is REALLY Doing With Treasury Buybacks | Michael Howell. Price at prediction: $92.93. +2.1% since initial prediction.
• Oil: Michael is bullish on oil, with no stated time horizon. (updated 2026-08-13) Source: MacroVoices #545 Michael Howell: Warsh vs. The Markets. Price at prediction: $81.81. +5.5% since this prediction.
• S&P 500: Michael is neutral on the S&P 500 in the short term (through 2026). (updated 2026-08-11) Source: Michael Howell: Liquidity Has Turned, Low Quality Returns Ahead for Stocks, and Real Driver of Gold. Price at prediction: 7,762 points. -1.8% since this prediction.

Prediction history

• Gold: 2026-11-08 — Michael is bullish on gold over the long term. (source: Even a Strong Economy Won’t Save Stocks | Michael Howell, Jack Gamble & George Noble) Price at prediction: $4,075.
• Commodities: 2026-11-08 — Michael is bullish on commodities over the long term. (source: Even a Strong Economy Won’t Save Stocks | Michael Howell, Jack Gamble & George Noble) Price at prediction: $31.51.
• Gold: 2026-11-04 — Michael is bullish on gold. (source: Liquidity Fueled This Bull Market. The Cycle Is Turning | Why Michael Howell is Watching Bonds) Price at prediction: $4,047.
• Bitcoin: 2026-11-04 — Michael is bullish on Bitcoin. (source: Liquidity Fueled This Bull Market. The Cycle Is Turning | Why Michael Howell is Watching Bonds) Price at prediction: $79,246.
• Gold: 2026-11-02 — Michael is bullish on gold. (source: Michael Howell: Pain Now, Money Printing Later) Price at prediction: $3,968.
• Bitcoin: 2026-11-02 — Michael is bullish on Bitcoin. (source: Michael Howell: Pain Now, Money Printing Later) Price at prediction: $77,046.
• Long-Term Treasuries: 2026-11-02 — Michael is mildly bullish on Long-Term Treasuries. (source: Michael Howell: Pain Now, Money Printing Later) Price at prediction: $82.00.
• Commodities: 2026-11-02 — Michael is bearish on commodities in the short term (Nov 2026–May 2027) and bullish over the long term. (source: Michael Howell: Pain Now, Money Printing Later) Price at prediction: $32.49.
• Long-Term Treasuries: 2026-10-28 — Michael is mildly bullish on Long-Term Treasuries over the medium term (Oct 2026–Oct 2027). (source: The Liquidity Trap: Why The Global Debt Bubble Is About To Burst | Michael Howell) Price at prediction: $81.46.
• Gold: 2026-10-28 — Michael is bullish on gold. (source: The Liquidity Trap: Why The Global Debt Bubble Is About To Burst | Michael Howell) Price at prediction: $4,054.
• Intermediate Treasuries: 2026-09-22 — Michael is bearish on Intermediate Treasuries over the long term. (source: Michael Howell: FED Rate Hikes Will Trigger The Biggest Bull Run Ever) Price at prediction: $91.18.
• Gold: 2026-09-22 — Michael is bullish on gold. (source: Michael Howell: FED Rate Hikes Will Trigger The Biggest Bull Run Ever) Price at prediction: $4,365.
• Intermediate Treasuries: 2026-08-21 — Michael is bearish on Intermediate Treasuries. (source: What Bessent Is REALLY Doing With Treasury Buybacks | Michael Howell) Price at prediction: $93.01.
• Gold: 2026-08-21 — Michael is bullish on gold over the long term. (source: What Bessent Is REALLY Doing With Treasury Buybacks | Michael Howell) Price at prediction: $4,635.
• Bitcoin: 2026-08-21 — Michael is bullish on Bitcoin over the long term. (source: What Bessent Is REALLY Doing With Treasury Buybacks | Michael Howell) Price at prediction: $77,195.
• Oil: 2026-08-13 — Michael is bullish on oil. (source: MacroVoices #545 Michael Howell: Warsh vs. The Markets) Price at prediction: $81.81.
• Intermediate Treasuries: 2026-08-13 — Michael is bearish on Intermediate Treasuries. (source: MacroVoices #545 Michael Howell: Warsh vs. The Markets) Price at prediction: $93.28.
• S&P 500: 2026-08-11 — Michael is neutral on the S&P 500 in the short term (through 2026). (source: Michael Howell: Liquidity Has Turned, Low Quality Returns Ahead for Stocks, and Real Driver of Gold) Price at prediction: 7,762 points.
• Intermediate Treasuries: 2026-08-11 — Michael is bearish on Intermediate Treasuries. (source: Michael Howell: Liquidity Has Turned, Low Quality Returns Ahead for Stocks, and Real Driver of Gold) Price at prediction: $92.93.
• Gold: 2026-08-11 — Michael is bullish on gold over the medium term. (source: Michael Howell: Liquidity Has Turned, Low Quality Returns Ahead for Stocks, and Real Driver of Gold) Price at prediction: $4,454.
• S&P 500: 2026-07-30 — Michael is bearish on the S&P 500. (source: He Called The Last Meltdown. Now He's Even More Scared | Michael Howell) Price at prediction: 7,320 points.
• Bitcoin: 2026-07-22 — Michael is bullish on Bitcoin over the medium term and long term. (source: Global Liquidity Has Peaked: What Happens to Bitcoin? | Michael Howell) Price at prediction: $66,020.
• Gold: 2026-07-22 — Michael is bullish on gold over the medium term and long term. (source: Global Liquidity Has Peaked: What Happens to Bitcoin? | Michael Howell) Price at prediction: $4,164.