David Hunter: "We're in the Melt-Up Before Global Bust"...What's in Store for Bitcoin, Gold, Stocks
ฝัง
- เผยแพร่เมื่อ 30 พ.ค. 2024
- In this episode of the Coin Stories podcast with guest David Hunter, powered by Bitdeer Technologies Group (NASDAQ: BTDR), we discuss:
- David's forecast of a parabolic melt-up this year followed by a global bust
- What's in store for equities, bonds, gold, and commodities?
- What will break and cause a deflationary crash?
- Has David's take on Bitcoin evolved? Will it survive a major bust?
Bio: David Hunter is the chief strategist at Contrarian Macro Advisors. The macro strategist with nearly 50 years on Wall Street is well known for predicting a final melt-up stage of the market cycle before a historic crash that rivals 1929.
Follow David on X / davehcontrarian
⚡ Coin Stories is powered by Bitdeer Technologies Group (NASDAQ: BTDR), a publicly-traded leader in Bitcoin mining that stands alone as the only vertically-integrated, technology-focused Bitcoin mining company. Learn more at bit.ly/bitdeercoinstories.
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-- This podcast should not be construed as investment advice --
🗒️ IN THIS EPISODE:
00:00 In a melt-up since October
2:06 How rare are melt-ups?
3:48 Where is the top? S&P 7000
5:52 Bitdeer Technologies Group promo
6:51 Move back into equities
8:44 Timing investments
11:40 How will the bust play out?
15:38 Soft landing or no landing?
18:00 Interest rates
22:46 What will trigger the bust?
24:37 Bitcoin 2024 promo
25:09 Coinkite Coldcard Wallet promo
25:29 CrowdHealth promo
25:50 The Bitcoin Way promo
26:24 Can the government let things fail?
31:31 Can the US cancel its debt?
33:47 David's thoughts on Bitcoin
39:13 Amazon early days
45:34 Election year economics
48:40 Gold and silver
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Producer: Aron Bender / aron-bender
DISCLAIMER Coin Stories is for entertainment purposes only and does not give financial advice. #crypto #money - บันเทิง
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Human sacrifice! Dogs and cats living together! Mass hysteria!!!
Natalie sorry I do understand you are try to get at the same level of Michelle Kaori but is not by talking over and above the person you're interviewing.
With Nvidia providing tech for crypto mining services/blockchain transactions alongside the much talked about crypto halving event in 2024, Could this current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well?, Lot of folks have continually mentioned it as a good opportunity. I’ve been sitting on over $545K equity from a home sale and I am skeptical about investing for fear of getting burned
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation
I've kept much of my savings in cash for safety, but I'm unsure if it's right for retirement. Contemplating investing $400K in stocks, as I've heard investors can profit in tough times. Unsure about my next move.
it's wise to redistribute your capital to mitigate risks during market fluctuations. Consulting a financial advisor can help simplify this process.
Yeah, I’m also closing in on retirement, and I have benefitted much from using a financial advisor. I didn’t really start early, so I knew the compound interest of index fund investing would not work for me. Funny how I pulled in more profit than some of my peers who have been investing for many years.
This caught my interest. I worry that I have a couple more months before retirement, and I want to switch to using a financial advisor, but I don’t really know how to find one.
*Vivian Louise Dehoff* is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
Thanks for the update.
Te/e gram..
@Rolandostrategy THAT IS HIS USER NAME
please make sure you write the USER NAME complete and He's verified
the first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
“There isn’t a central banker in the world with the stones” 😂
Another crown jewel .. Top level interview.
Bravo.
Onwards.
Bravo 🤣🤣 Not only she talk too much but you also asked the wrong questions, plus the interviewer had to open up to topics that you hadn't even asked for!!
Thank you for inviting David; this update is what we have been looking for
Exactly.
Great conversation! I love your interviewing style and how you let the guest speak without interruption ...........and what a great smile you have!
She’s obsessed with bitcoin and completely ignored gold on purpose. Always trying to force the conversation in that direction, even when AI was the more obvious topic.
Conversation ?? But if she talks like a monologue..
I totally disagree with him when he said a big financial bust is not on the central bankers radar. The totally know what’s going on and plan on it to happen when they are ready.
You are a Gentleman David. The nicest explanation of a ponzi re crypto/ bitcoin
How do you compare the ponzi that is the dollar
@@SkylerBairdequally trash
These 'melt-ups' strike me more as more of just trying to keep up with the money supply and inflation than any real growth in wealth or purchasing power.
Henrik Zeberg and David Hunter have been spot on with their melt-up predictions. Timing it has been a bit off, but still whoever was patient should be up quite a bit in their portfolio. Thank you for this gem!
Great questions for David! One of the most correct macro voices in the last few years.
I’ve found that extreme views get clicks but statistically are unlikely to occur. I’ve heard this kind of stuff for 15 years. It hasn’t happened.
Buckle up jimmy…look around
I have been in the market for 40 years and you will see a bust and 15 years is nothing.
I have been preparing for this bust since 2008! I may be years early, but better than 1 second late.
Since 2008, Gold has gained 328%! Not bad for a relic. I have slept like a baby every night since.
@@Sola_Scriptura_1.618 QQQ was up 10x during that time. Hopefully you bought a house. Dude, I've read Hussie, Taleb, Dr. Doom, Grantham, Mish, Schiff, all those folks since 2008. Their material always sounds so brilliant. The bear case always does. But they've cost me millions of dollars of net worth. You have to learn to admit you're wrong and pivot. That's investing 101.
Natalie, keep up the great work keeping us in the know. Good luck and thank you. 🎉
Great interview. David deserves way more respect from mainstream.
3:40 melt up over by summer, SP 7000 5:25 culmination of 40 yr bull mkt 9:50 copper steel, Russell 13:45 delinquencies moving up
the only guy who called stock market right in all of 2023 into 2024 - great call David !
He was calling for 6000 in 21,22, and most of 23, then before we even hit 5k he raised his target to 7k. How is this right?
Eventually he became right that we would see a sort of melt up but he was early as usual.
@@Vizslarunner99 watch and learn, bruh😂
Not only did you talk too much but you also asked the wrong questions, plus the interviewer had to open up to topics that you hadn't even asked for!!
Tom Lee was right.
Super great guest
Not only she talk too much but you also asked the wrong questions, plus the interviewer had to open up to topics that you hadn't even asked for!!
Fabulous interview!!!
Great interview, thanks Nathalie, it’s good to discover your channel!
This guy is def an OG. Good interview, lots of information to digest.
23:02
First man I hear say "that's a good question" or "great questions" WITHOUT sounding like a condescending prick.
Great man to hear in times like these.... speaking and working within his area of expertise and not about every single thing.
A great discussion and a fascinating insight into the current situation. Only just found this channel, I love it Natalie, have just sub'd
A couple years ago I thought David Hunter was nuts, I guess I am, who knew?! Humbled
He is being calling final meltup since 2022
Yea and it is happening now….
And it started then 🤡
Oct 22 when it started
Thank you for another great video. Very informative.
Great interview. Distractingly beautiful, but a great interview just the same :)
Great questions Natalie... keep them coming.
Another great interview, and I appreciate u Natalie for giving all of us ure view on the future and what u expect of the next 10-15 yrs.. makes my feel confident that I am right in my own speculation of things,
Thanks Natalie . Great interview !!
2-3 years ago I watched this guy say we were going to have a melt up, Bravo.
Epic interview
Interest rate increases take 18-24 months to show up in the economy so there is a lot of fallout ahead.
Great interview.
Natalie, thank you for the amazing interview with Mr. Hunter. To your point on debt jubilee the only way it happens is war.
…and thanx to you both for a brilliant podcast.
All the best from your hometown Łódź :) Good interview! Look at the 10-Year - 2 Year Treasury Curve to time it.
5% interest rates are not high it is normal but when you had interest at 0% for 15 years and debt at all time highs it just looks high
Yes people think 0% is normal for some bizarre reason
Not true. The globally economy has been built on 0% interest rates over the last 15 years and it cannot handle 5%. Sad but true
@@drunvert 0% interest rate are Not normal, that is true. 15 years is not historically long enough to say whether anything is normal or not
@@trudy6132 I'm not saying it's normal but I'm saying that governments and companies have adjusted to it and cannot adjust up.
Good one
Well done 👍
His decision not to do a deep dive study into BTC (like Saylor) over the last decade and is still waiting to see what happens with it, tells me he will miss this Digital sector completely.
You can play the digital sector vie energy. All this AI and CBDC will require more infrastructure and energy.
You can miss a lot of things and still do very well. You know the famous examples.
he can't help it. age handicapped, caution combined with lack of tech iq, hurts digital currency.
My mine problem with Bitcoin is what if it was created by the cia. The cia owns lots of companies with tech and tech research. Would the cia really want their creation to be money?
It’d make more sense for the cia to use Bitcoin to get people to promote programmable digital tokens and then use that awareness to transition into CBDC.
Well to be honest though if Wall Street buys enough Bitcoin and if the cia did create Bitcoin so they already have a million coins or 5% or whatever then maybe one they could have people suckered into buying Bitcoin pushing it way up just like how ETFs work. ETFs lets big banks charge super small fees to get old people and workers to buy stock. The banks don’t make much in ETFs but the banks make money and gain power by voting the shares the manage in the etf.
I heard if enough Bitcoin holders wanted to change the code then they could. If that’s possible then Bitcoin isn’t sound money actually as Wall Street could change it one day or the cia or whatever government.
Also Bitcoin has never gone through a real recession. 2020 was propped up and papered over and wasn’t really like the 2008 crash.
We need a real recession and or Great Depression to see how Bitcoin handles that.
My favorite contrarian!
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
Always enjoy David on the show!
Excellent interview! Great questions to David
Great questions Nat !
Not only she talk too much but you also asked the wrong questions, plus the interviewer had to open up to topics that you hadn't even asked for!!
Good show Natalie and David. I enjoy David's vision and market views. David should spend some time on X and see the Peter Shiff of Euro Pacific performance, believe it was put 10K into Euro Pacific Gold and same amount into BTC, CIRCA 2013. The performance of Peter Shiftie's Euro Pacific Fund from 2013 to 2024 is negative $1044. the performance of BTC is Positive $7,600,000.00 Any Questions?
Schiff is a salesman and is always talking his book.
Good interview. Surprised re CBDC timeline
David made a lot of sense, in my opinion.
Yeah, remember the Y2K blow off in 1999? The third phase of the bull market is the biggest, as a rule.
The host has a nice 'global bust' too.
Great Channel Great Guest. Thank You Natalie ! Do you have the podcast with Mr Hunter and the 30s bust ? I am looking for it too. Thanks Again.
Do y
You are so charming Natalie, anybody would be delighted to be interviewed by you.
Great concise questioning good on you 👍
Natalie, you're intelligent and beautiful and hold strong values as well. I appreciate everything about your content. Thank you.
Natalie doing her best to keep a straight face when he brings up gold 😂😂😂
@44:45 who is Ray? great video
This guy? He’s right less than a broken clock. Fits facts after the fact to what he said he said before. Ask him about $2500 gold two years ago.
he doesn't understand currency debasement, he is relic of the old boom and bust cycles of the past
What and u know it all what are u in nappies !
@@debbiepark5917 u can s his d but he will not sleep with u
He predicted utter doom and gloom last summer, and the previous summer before that.
...it's only Udder-doom, when the Federal Teats dry up...
This guy is very contradictory. Bonds are not in a bull market. He says we are in a melt up and will have a blow off top but then says the fed will probably overtighten. He says that the crash after the melt up will be swift and then later says markets will slowly exhaust themselves…. What?
Nice video Natalie, here gonna they you the truth, not gonna lie here, im buying BITCOIN im never gonna use US dollars again!
This young lady is a wonderful interviewer.
Thanks for your show!
❤ Natalie..My favourite scorpio 🦂
Natalie:Nice interview¡¡Best..
This outlook was so grim that it practically made the question of what does well irrelevant. Like, great we have gold at $3k but the world is in a worst state of affairs than the great depression? We are so incredibly unequipped to deal with that. It's weird but this particular episode just made me feel like catching a flight to some jungle island and saying to hell with it. Yikes.
Isn't one of the big questions how the fed, Treasury, fdic, Congress, etc, will pick and choose the winners and losers at each turn?
One bank gets bailed out while another gets brokered to an even bigger bank. Some consumer loans are forgiven (to prevent a populist uprising in cities), while others are not (which banks held which loans? Which hedge funds were using those loans as collateral? And what did the fed decide about acceptable collateral? Did they loosen or tighten? Etc). And so on and so forth.
Meaning, there could be winners which have a "liquidity differential" which they can use to stress the margin position of other participants (mostly, "the losers") which can create additional asset price volatility, including the magnitude of a possible melt-up.
Isn't this intervention and its consequences a large, additional variable?
I’m pretty sure that Amazon wasn’t even profitable until it struck deals with the federal government to store CIA data on their cloud services. So they definitely pick the winners and losers even without busts. There’s probably a plan for bitcoin or it wouldn’t have got this far.
what about the shift away from USD reserve, china, Russia, Japan have had a raw deal for ever. . .
Wow 🤩
When the markets roll over, everything rolls over - yes bitcoin and gold included.
Gold is the 79th element on the periodic table, with the symbol Au. Gold will always hold intrinsic value.
@@Sola_Scriptura_1.618 One of the most common ways of defining gold's intrinsic value is as a store of value. If there is no value to store, the price will go down, at least temporarily.
He's been calling for the melt up for years...years...that means he was wrong?
Richard Heart called the top on the day. #Hex #PulseChain. Thanks
Who is John Galt?
A character in the book “Atlas Shrugged”
My current answer is Satoshi Nakamoto.
Hunter has called for 6 month melt up tops for 84 months straight
Hello Natalie :) first time viewer
ever see one of those "hockey stick " graphs/projections? We are vertical.
David deserves full credit for his meltup call regardless if we get to his targets or not. I thought he was crazy last year, but here we are going parabolic since October
But if liquidity flows reflect this belief that "something bad is coming, but not yet", shouldn't that encourage volatility to service the order flow?
Large players would want to scare participants into thinking "this is it" sooner than when it may need to occur to rebalance their risk (eg, buy to cover, test credit lines, etc) and make sure it is cost-effective to feed into the potential melt-up (the shake-outs should help make the trip up more profitable and feasible for large participants).
Also, breakage in the market doesn't just have to be asset prices; market and banking access can add another dimension (eg, market closures in 2001, nickel stopped trading on the LME in 2022, bank failures in 2023, etc)
I may have missed it, but the ridiculous amount of spending of the fiscal side of the equation…. Paradigm Shift still needed here!
Natalie are you going to El Salvador for halving event ?
🌹
When his 6,000 prediction turns into a 7,000 predictions…
Natalie, great interview and your smile should spread like wildfire:)
❤
David gonna be a Bitcoiner one day Haha was laughing out loud :D Think he would have the honesty to switch when (not if) seeing Bitcoin as a valid tech or investment. Time will tell. Epic comment haha
BTC will not hold up in the bust, but the bust might not happen at all.
BTC doesn't need a bust to go up. Study more.
@@BitcoinGladiator you have no idea how much I appreciate your existence.
Worship at the alter of BTC much???
@@Dave-qi3ft😂
7000. Dude.
33:33 Bitcoin
It might be the peak of a 300 year bull market
Gold is not an investment...it's MONEY! and until everyone begins to wake up to this they run the risk of being trapped in the hyperinflating fiat system...
There were a couple of notable crashes in election years 2000 and 2008.
Classic fundamental analysis. BTC certainly looks like the Cadillac...
Pumping liquidity into the markets fir now. Then the rug pull
Perhaps he can look at the response of Bitcoin to Silvergate Bank.
Ok could the dollar be save with gold
Why 7000 on the S&P? Why not 8000? Maybe 10000? Based on what?
2.618 Fib level at 7k. Learn markets before spewing nonsense. Not agreeing or disagreeing with him fyi.
Or... they simply won't cut rates this year. They're simply stringing everyone along, saying "hang in there, relief is always just a few months away.
so he thinks gold will get to $3,000 and than have a pullback when markets crash, but when the FED start up QE again, than it will go to $20,000/oz with all the new QE money the fed will create out of thin air.
The future is uncertain, but you can prepare
Gold Platinum ratio 2,43🤑
🤔 Platinum in the earth's crust is 6-7 times less than Gold
40% SPY upside vs 400% bitcoin.
Highly leveraged illiquid financial system vs zero counterparty risk.
Infinite dilution vs limited supply.
You know what to do.
Yep- SPY options