Economist who forecast 2020 rally says S&P will ‘melt up’ at least 36% by Oct before global ‘bust’

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  • เผยแพร่เมื่อ 30 ต.ค. 2024

ความคิดเห็น • 691

  • @johnk1984
    @johnk1984 ปีที่แล้ว +202

    He did the rounds in 2014 predicting an enormous crash bigger than 2008, and the markets soared. He also predicted a melt up before the Nasdaq crashed 38% last year. If he'd followed his own advice he'd be bankrupt.

    • @upside721
      @upside721 ปีที่แล้ว +28

      Based on his track record, it's safer to assume the S&P will roll over this week.

    • @buggsmcgee9270
      @buggsmcgee9270 ปีที่แล้ว +27

      Does he know Steve van Meter ?

    • @mikekorn6968
      @mikekorn6968 ปีที่แล้ว +6

      @@buggsmcgee9270 He's not saying BUY SELL BUY SELL BUY SELL BUY SELL..... lol

    • @whiteswordwarrior9995
      @whiteswordwarrior9995 ปีที่แล้ว +8

      ​@@buggsmcgee9270yes they are twins with an IQ combined of 100.

    • @duran9664
      @duran9664 ปีที่แล้ว +9

      I don’t know why he said most people are bearish now⁉️🤔 Last two weeks the market sentiment has been 40% bullish & only 20% bearish + calls at ATH + greed index at extreme for weeks. 😒

  • @scottarmstrong11
    @scottarmstrong11 ปีที่แล้ว +359

    Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

    • @emiliabucks33
      @emiliabucks33 ปีที่แล้ว

      Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

    • @carolpaige2
      @carolpaige2 ปีที่แล้ว

      Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.

    • @MarkGrimm8
      @MarkGrimm8 ปีที่แล้ว

      Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

    • @Johnlarry12
      @Johnlarry12 ปีที่แล้ว

      @@MarkGrimm8 Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement

    • @MarkGrimm8
      @MarkGrimm8 ปีที่แล้ว

      My advisor is Christine Jane Mclean ’’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

  • @BeardedDad91
    @BeardedDad91 ปีที่แล้ว +106

    She is an excellent reporter. Asks all the right questions. She controls the conversation and redirects questions when she needs to. Great job Kitco News.

    • @personalfreedom2700
      @personalfreedom2700 ปีที่แล้ว +12

      She not interested Brock… just let it go. 😂

    • @fliu5282
      @fliu5282 ปีที่แล้ว +2

      ​@@personalfreedom2700uhhhhaaaa. Of course, when she is hot, nothing can go wrong, life is forever beautiful even if mkt drops 80%.

    • @SirJamesDTech
      @SirJamesDTech ปีที่แล้ว +3

      She's the editor of the whole kit and caboodle. She is well informed. A very good example of why Kitco has success.

    • @waitawhileexplorer3904
      @waitawhileexplorer3904 ปีที่แล้ว +2

      Beats Patricia Karvelis in Perth Australia that constantly interrupts the ones she interviews.

    • @shanejones-lv4yl
      @shanejones-lv4yl ปีที่แล้ว +1

      She’s very good at her job. Keeps attention with beauty, and speaks clearly and asks the right stuff.

  • @rogerstone1842
    @rogerstone1842 ปีที่แล้ว +51

    These are fantastic takes, I was really hopeful of my investments this year, but I followed some stock suggestions that didn't go so well, I've been studying the market crashes and I realized some investors made millions from the recent recession and I was wondering if such success rate could be achieved in this present market. and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering.

    • @lucyAngletont
      @lucyAngletont ปีที่แล้ว

      Cryptocurrency crashed the last couple years, so it should be starting a new run to a new high.

    • @RandyPelletier
      @RandyPelletier ปีที่แล้ว

      I feel exceptionally lucky I started investing in my early 40s and compounded my income to create more cash flow. I grew to a 7 figure well-diversified portfolio having exposure to different prolific investments mainly blue chip stocks, an allocation fund, S&P500 and coins. I'm forever grateful to Trisha Jean Webb my F.A... Now house and cars all paid off and no other debt.

    • @rogerstone1842
      @rogerstone1842 ปีที่แล้ว

      @@RandyPelletier Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.

    • @The_Christ_Angel
      @The_Christ_Angel ปีที่แล้ว

      But the Bible says that in the end of days, The Second Coming of Joe Biden and Kamala Harris in 2024 is more honorable and Holy than The Second Coming of Jesus.

  • @louis20122
    @louis20122 ปีที่แล้ว +90

    I am tired of these types of forecasts. They are never correct.

    • @khemheru1439
      @khemheru1439 ปีที่แล้ว

      the problem is they never show proof of their previous forecasts... all this economic BS is a hype train

    • @David_F579
      @David_F579 ปีที่แล้ว +6

      Yep - Several months back I took a decision to tune out the extreme bulls and extreme bears for this reason. Hunter has been making extreme wrong calls for several years now - I no longer watch any video he appears in. I just read the comments and move on.

    • @gilgolani8775
      @gilgolani8775 ปีที่แล้ว +3

      It's about the viewing clicks, the rest is blA bla

    • @renegademind1833
      @renegademind1833 ปีที่แล้ว +2

      There are many variables.. CORRUPTION most likely playing the largest role.

    • @emailsender7139
      @emailsender7139 ปีที่แล้ว +2

      Until they are. 32 trillion in debt (minus future s.s, medicare/aid and defense) must always be kept in mind.

  • @reinhardrinaldo350
    @reinhardrinaldo350 ปีที่แล้ว +79

    I remember Hunter's predictions rather well. A correct one I don't remember though...

    • @vpage48
      @vpage48 ปีที่แล้ว +5

      The last correct one was the 2020 meltup but he was wrong for years before and has been consistently wrong since

    • @revo1974
      @revo1974 ปีที่แล้ว +2

      @@vpage48 He did call for a meltup back in feb and march. And since then we been rallying. He is also calling for a crash in October

    • @themountain3461
      @themountain3461 ปีที่แล้ว

      ​@@revo1974isn't it pretty simple? We will never see a catastrophic crash in the stock market (nominally) since the central and commercial banks can print enough money to conceal it.

    • @555frontier
      @555frontier ปีที่แล้ว +1

      He had a few correct ones but I agree, he is often wrong

    • @mdo5121
      @mdo5121 ปีที่แล้ว +4

      The best Predictors never have perfect scores whether bullish or bearish...so you are on your own. caveat... take with a grain of salt always

  • @Andre-lr7ri
    @Andre-lr7ri ปีที่แล้ว +26

    If this guy is right, my head may explode

    • @mxoldtimer4braaappp858
      @mxoldtimer4braaappp858 ปีที่แล้ว +1

      Time will tell soon

    • @riccardoalla6439
      @riccardoalla6439 ปีที่แล้ว +3

      He's been proposing this exact scenario for years now. Just keeping postponing it. Eventually he will be right.....like the all of us. The problem is that timing is key in investing and in that sense he has already been proven wrong several times.

    • @duran9664
      @duran9664 ปีที่แล้ว

      I don’t know why he said most people are bearish now⁉️🤔 Last two weeks the market sentiment has been 40% bullish & only 20% bearish + calls at ATH + greed index at extreme for weeks. 😒

    • @josephspurgeon3668
      @josephspurgeon3668 ปีที่แล้ว

      He said the same thing at the 2022 peak

  • @mwalsh7500
    @mwalsh7500 ปีที่แล้ว +11

    Ahhh thank you Michelle for your patience in letting your guest speak 10:10 guest and interviewing… thank you again 🎉

  • @charlesyoung1464
    @charlesyoung1464 ปีที่แล้ว +13

    Excellent interview with an obviously and oh so rare highly intelligent person asking questions. Bravo Michelle Makori.

  • @mohammedhadjsaid7884
    @mohammedhadjsaid7884 ปีที่แล้ว +6

    Thank you Michelle for great interview

  • @MrSimonw58
    @MrSimonw58 ปีที่แล้ว +21

    Wow ... he forecast a rally in March 2020 .... amazing !!!

    • @r.s.334
      @r.s.334 ปีที่แล้ว +5

      "Watch and learn"

    • @johanfilip6805
      @johanfilip6805 ปีที่แล้ว +3

      I started following Hunter at that time. His call was spot on while the rest of the street was all forecasting much lower levels.

    • @MrSimonw58
      @MrSimonw58 ปีที่แล้ว

      Stocks lost 50% in March 2020 .... predicting a rally wasn't difficult .... did all company lose more than 50% of their value ... obviously not ... only an idiot couldn't understand that

  • @Always_Prospering
    @Always_Prospering ปีที่แล้ว +6

    Buying more shares of semiconductor stocks before the melt up. Selling them all after they peak before the collapse. Buying them all back at cheaper prices. I am thankful for this huge opportunity. Great content and great questions as always Michelle.

    • @ComeOnPelican91
      @ComeOnPelican91 ปีที่แล้ว +1

      Catching falling knives... solid gold knives though

    • @Always_Prospering
      @Always_Prospering ปีที่แล้ว +1

      @@ComeOnPelican91 I am fearless.

    • @buzzcrushtrendkill
      @buzzcrushtrendkill ปีที่แล้ว

      That is the attitude needed to go that route.

    • @billmakatowicz8603
      @billmakatowicz8603 ปีที่แล้ว

      I think a hedge might be more practical, but I had the same thought initially.

  • @renegademind1833
    @renegademind1833 ปีที่แล้ว +6

    Seems the level of 'corruption' governs most everything. Right now, so much we all worked to the bone to get, is 'vaporizing' into someone else's pockets.

  • @luisgutierrez18
    @luisgutierrez18 ปีที่แล้ว +5

    This was an excellent interview

  • @kjay1856
    @kjay1856 ปีที่แล้ว +7

    Great timing for David Hunter. Thank you!

  • @timothybender7383
    @timothybender7383 ปีที่แล้ว +5

    This is the most influential video I have watched. And I respect all the personalities and groups I listen to. Kitco and David Hunter are two of them.

  • @thomashusted
    @thomashusted ปีที่แล้ว +15

    He has been predicting this for a long time and so far has been way off.

  • @JamesBond-vg6wz
    @JamesBond-vg6wz ปีที่แล้ว +6

    Always love watching Michelle, such a great interviewer..and soooooo pretty ❤

  • @hollisr4552
    @hollisr4552 ปีที่แล้ว +9

    Just look around! you don't need a guru to tell you this ship is going down.

  • @HelloThere-zw1lk
    @HelloThere-zw1lk ปีที่แล้ว +2

    Great Interview. Thank you so much!!

  • @millionairementality_
    @millionairementality_ ปีที่แล้ว +4

    Outstanding Interview!

  • @PeonyandRoses
    @PeonyandRoses ปีที่แล้ว +2

    I admire Michelle’s professionalism. Great work!

  • @longmeihao7046
    @longmeihao7046 ปีที่แล้ว +1

    Great interview! Thank you Michelle. Thank you David. 👍👍👍

  • @TonyLonghurst-qe6ei
    @TonyLonghurst-qe6ei ปีที่แล้ว +2

    I followed Hunter in 2022 and he was at least 90% wrong on his short term calls. He continuously called for a melt up. He called the bottom of the market in April 2022. He said the fed would not raise rates. His call in 2020 was half right at best, he called it in 2018 and kept pushing it sideways, but he got commodities wrong. I am surprised he is not in hiding given how many people lost money following his calls. The guy just bats away all valid criticism with stock responses.

  • @adc437
    @adc437 ปีที่แล้ว +7

    David Hunter has been making outrageous predictions for a while now and he keeps moving the goalposts.

    • @brianoleson9224
      @brianoleson9224 ปีที่แล้ว

      how do u have a global bust in late 2023 and dont see a depression for 6 more long years? it doesnt add up we have a bust with a mild recession and kick the can 6 yrs?

  • @ivanmejia6843
    @ivanmejia6843 ปีที่แล้ว +21

    When I want to see comedy and fiction, I always turn to Hunter.

    • @anshuman5331
      @anshuman5331 ปีที่แล้ว +1

      😂😂😂😂

    • @DaveHcontrarian
      @DaveHcontrarian ปีที่แล้ว +2

      At least you are getting some value out of it, although it won't be the kind you remember afterwards.

    • @benoitguillou3146
      @benoitguillou3146 ปีที่แล้ว +1

      @@DaveHcontrarian By the way , talking about comedy ...You really need to change your terminology when you say "flight to safety" concerning the flight of capital towards the dollar ....It's not a "flight" , it's an organized THEFT , made by USA , who purposefully dynamited the European economy for it to fail before that of the USA .....When in a town you 're a store owner , and you burn the sole competitor's store , customers don't "fly" to your store , they're FORCED to go buy groceries there by default ....
      We talk English too in Europe you know that right ? Higher education is free here .... And we listen to all the anglo saxon Kuntery on TH-cam ....We take very tedious notes

  • @NormanMcCall
    @NormanMcCall ปีที่แล้ว

    Great interview and talk! Thanks for posting. 😮

  • @Quado0s
    @Quado0s ปีที่แล้ว +8

    Videos like this are a great sign that the top is in.

    • @baarbacoa
      @baarbacoa ปีที่แล้ว +1

      He's generally not in synch with the consensus.

  • @Omar-bustos1997
    @Omar-bustos1997 ปีที่แล้ว

    Huge respect, the interviewer as many are commenting here, asked very relevant questions, respectfully but boldly, at the right time. She listened and understood the arguments, and then made the right question.
    Thank you both for this interview, very strong arguments based on very objective data, and extremely logical conclusions. Deep look at the fundamentals of the economy and long term well thought forecasts.

  • @Eli_sab_eth
    @Eli_sab_eth ปีที่แล้ว +12

    He predicted the same melt-up for last year as well

    • @tomford4562
      @tomford4562 ปีที่แล้ว

      He predicted a mega crash since 2014, until the 2021 melt up, after which he predicted a melt up. Look at his history on seeking alpha.

    • @DaveHcontrarian
      @DaveHcontrarian ปีที่แล้ว +1

      We had an invasion in the Ukraine to contend with.

    • @Eli_sab_eth
      @Eli_sab_eth ปีที่แล้ว +1

      @@DaveHcontrarian fair point

    • @tomford4562
      @tomford4562 ปีที่แล้ว

      @@DaveHcontrarian At the time you said it wouldn't affect the stock market. Now you use it as an excuse that you were wrong.

    • @DaveHcontrarian
      @DaveHcontrarian ปีที่แล้ว

      @@tomford4562 The invasion of the Ukraine clearly did have an impact on things like wheat prices which were already expensive because of inflation, it didn't help. I do not require excuses as my forecast is clear.

  • @BoeserWolf1977
    @BoeserWolf1977 ปีที่แล้ว +11

    I think on the short run, he could be right.
    On the long run maybe too, but then there will be a major difference between nominal Gold at 20000 and inflation adjusted. So you could own gold going up 20x but not having more purchasing power.
    The other topic he is missing is the demographics...

    • @Canadian_Eh_I
      @Canadian_Eh_I ปีที่แล้ว +1

      Are you kidding, if gold does that I will make a fortune with leverage

    • @philfortner1805
      @philfortner1805 ปีที่แล้ว +1

      @@Canadian_Eh_I wrong because the volatility in sovereign debt collapse crushes all leverage. Think of an airplane cockpit with all the dials spinning in opposite directions.

    • @agtsmith87
      @agtsmith87 ปีที่แล้ว

      Exactly, one of the biggest issues that was almost totally overlooked during pandemic and the recent unemployment issues, demographics. Much larger issue than being talked about

  • @roydesell223
    @roydesell223 ปีที่แล้ว +1

    Again Michelle great interview, I can see the see S& P going to 6000+, the Dow 46,000 NDX 20,000 BUT i do have a hard time comprehending Silver at $55.00 - $60.00 by the end of the year but time will tell, maybe you will have David back maybe mid Sept ?? again thank you

    • @doramar8776
      @doramar8776 ปีที่แล้ว

      When do you see those indexes hitting those ATHs? 🎉

    • @roydesell223
      @roydesell223 ปีที่แล้ว +1

      @@doramar8776 I agree with David Hunter but I don't think S&P 7000 by Labor Day but maybe Nov or Dec

  • @tockpro105
    @tockpro105 ปีที่แล้ว +26

    Kitco needs to have a live debate between David Hunter and Harry Dent 😂

  • @Dexion845
    @Dexion845 ปีที่แล้ว +6

    I think the best indicator of the meltup is out of control inflation which is inevitable with fiat currency because one thing that has always held true is fiat currencies always go to 0 value.

  • @7kingdave
    @7kingdave ปีที่แล้ว

    Well formed video and ideas . Great insight 🎉

  • @alfredburtoncraig
    @alfredburtoncraig ปีที่แล้ว

    Awesome conversation....Thank you....

  • @kompan111
    @kompan111 ปีที่แล้ว +1

    Great host

  • @issenvan1050
    @issenvan1050 ปีที่แล้ว +5

    Gold & gold stocks did the best during the Great Depression!

  • @secretsquirrel6718
    @secretsquirrel6718 ปีที่แล้ว +15

    Je said all this like 3 years ago along with his 500$ silver projection.
    David Hunter is the finance editor of the Weekly World News.

    • @agrandesubstituicao
      @agrandesubstituicao ปีที่แล้ว

      😂😂😂

    • @ahndeux
      @ahndeux ปีที่แล้ว +2

      At least Weekly World News report real news of Aliens and monsters.

  • @eugeneheeger3284
    @eugeneheeger3284 ปีที่แล้ว +1

    Excellent commentary and analysis. Thank You!!!

  • @mjbucar
    @mjbucar ปีที่แล้ว

    Excellent interview.

  • @knowledgeincrease3326
    @knowledgeincrease3326 ปีที่แล้ว +2

    Excellent interview and conversation

  • @docdoc4526
    @docdoc4526 ปีที่แล้ว +2

    Insane interview, big picture phenomenal 👍🙏🙏

  • @graceamsterdam5404
    @graceamsterdam5404 ปีที่แล้ว

    🙏🏼 excellent interview!

  • @borsennews9261
    @borsennews9261 ปีที่แล้ว +1

    Best video this year

  • @jazzbeau507
    @jazzbeau507 ปีที่แล้ว +2

    Fascinating forecast; I am not counting on it.

  • @jpomari
    @jpomari ปีที่แล้ว +2

    Enjoyed this interview. David forecast is still on track .. just see big picture

    • @josephspurgeon3668
      @josephspurgeon3668 ปีที่แล้ว

      Only thing he has called is oil to zero. He has been grossly wrong every Year consistently

  • @VeganTrove
    @VeganTrove ปีที่แล้ว +1

    I enjoy David Hunter interviews. Thanks Michelle

  • @ToneGuruLA
    @ToneGuruLA ปีที่แล้ว +11

    Love a guy willing to make unequivocal calls. Def food for thought. Great show. Thanks.

  • @dalemacrae7902
    @dalemacrae7902 ปีที่แล้ว +1

    Great guest great show thanku

  • @ridzuanali1919
    @ridzuanali1919 ปีที่แล้ว

    Love David Hunter. Thanks Michelle.

  • @vm6971
    @vm6971 ปีที่แล้ว +4

    20% Bears 57% Bulls I don’t see extreme bearishness

    • @duran9664
      @duran9664 ปีที่แล้ว +1

      Exactly 😒 I don’t know why he said most people are bearish now⁉️🤔 Last two weeks the market sentiment has been 40% bullish & only 20% bearish + calls at ATH + greed index at extreme for weeks. 😒

  • @makeRabbitsAProtectedSpecies
    @makeRabbitsAProtectedSpecies ปีที่แล้ว +7

    I think we already had the 'melt-up' in 2020 and with the crypto madness. Now we are in the denial or complacency phase of the cycle. Next move is more likely down rather than any further melt-up.

    • @mark-goldenrod
      @mark-goldenrod ปีที่แล้ว

      As the Pharos said I am inD’Nile 🐫🌴

    • @nzzenith
      @nzzenith ปีที่แล้ว

      That was the largest rally in history. It's likely doing a melt up (not a big rally). I.e definitely won't peak.

    • @ebythebeach
      @ebythebeach ปีที่แล้ว

      Agreed

  • @0mar9
    @0mar9 ปีที่แล้ว +20

    David is finally getting it right

  • @freeroamer9146
    @freeroamer9146 ปีที่แล้ว +2

    Focus on the present and get your house in order. Good advice! 👍👍

  • @DandbDandb
    @DandbDandb ปีที่แล้ว +1

    The best conservative strategy is start selling 50% of all one has wen the bull run kicks parabolic, as soon some valid indicators are screaming ''oversold''. If one gets it wrong at least has the other 50% to keep on profiting. But If one sells 50% of all and the ''burst'' goes dramatically down, one will have loads of cash to reinvest in the down side crash.
    That is my simple strategy. Do not let fomo or fud to dictate your next financial move. TA is the best guide

  • @Mochi_Forever123
    @Mochi_Forever123 ปีที่แล้ว +3

    這個人很適合當政客。圓滑且善於將事情複雜化。

  • @sebastianburnaz6760
    @sebastianburnaz6760 ปีที่แล้ว +5

    Really exceptional interview. I am really amazed. Thank you!

  • @Blabberone
    @Blabberone ปีที่แล้ว +4

    He is spot on with his macro picture. Precise dates are just not predictable. His models I agree with.

  • @derandreas
    @derandreas ปีที่แล้ว +2

    Why would gold and silver Drop when stocks go bust? Arent they supposed to be safe havens?

  • @phillipalexandercarr1462
    @phillipalexandercarr1462 ปีที่แล้ว

    Quality guest, Michelle and great questioning. Best Philly 🐝🎩🐇🇬🇧

  • @clffeingold
    @clffeingold ปีที่แล้ว +2

    Excellent discussion!

  • @astrapacific7208
    @astrapacific7208 ปีที่แล้ว

    Great interview Michelle!!

  • @mikehawk4856
    @mikehawk4856 ปีที่แล้ว +1

    All these old guys gambling on the markets like it’s a slot machine in Vegas 😂

  • @pascalxus
    @pascalxus ปีที่แล้ว +1

    Excellent interview on the part of the interviewer. I wish the interviewee would have elaborated on some evidence as to why he thinks this will happen. without any evidence, it's really hard to believe that this will play out.

  • @bluecollarbullionballer4269
    @bluecollarbullionballer4269 ปีที่แล้ว

    My favorite conrarian to listen to thanks for having him on.

  • @MartinJG100
    @MartinJG100 ปีที่แล้ว

    Good chat. Interesting.

  • @ANTHONY47814
    @ANTHONY47814 ปีที่แล้ว +3

    I follow and love this channel. Unfortunately, it's been a while since i visited i am experiencing one of the most challenging phases of my life... Lost a fortune investing in emerging companies... Hopeful, for a turnaround.

  • @josephmiller640
    @josephmiller640 ปีที่แล้ว +2

    Plus they're working on getting rid of the dollar going away switching over digital Dollar Fed Now and CBDC.

  • @vbonzo
    @vbonzo ปีที่แล้ว +6

    Another award winning interview! Thank you!

  • @LG-tw5vm
    @LG-tw5vm ปีที่แล้ว +2

    Well, the "melt-up" would have to be based on 100% pure FOMO, so I'm not sure if the market goes up much more from here, especially in a crashing economy.

    • @buzzcrushtrendkill
      @buzzcrushtrendkill ปีที่แล้ว

      Agree. Unless the Fed goes into vigorous QE, there isn't more liquidity available to pump further. I could be wrong...

  • @nathane2890
    @nathane2890 ปีที่แล้ว

    David hunter was right about the 2023 rally.
    He just called for it in early 2022!
    A lot of these guys end up being right eventually, but the opportunity cost is high!

  • @scottnovitsky9253
    @scottnovitsky9253 ปีที่แล้ว +2

    I'm seeing a melt up as well but timing of the top is hard. It will be driven by countries besides the US doing financial repression causing massive capital inflows. Then the US implements financial repression and we get as much as an 86% crash

  • @JonathanSebastian407
    @JonathanSebastian407 ปีที่แล้ว +3

    Can def see and feel this market go up another 6 months

  • @josephspurgeon3668
    @josephspurgeon3668 ปีที่แล้ว +5

    Kitco scrapped the bottom of the barrel on this one. Dave has been calling for a melt up for 2 years!

    • @davidhunter1134
      @davidhunter1134 ปีที่แล้ว +1

      We had a melt-up in 2020/21 which I called. This is a new melt-up. Melt-ups are rare but we are going to have two melt-ups within two years of each other. Sign of the times.

    • @duran9664
      @duran9664 ปีที่แล้ว

      @@davidhunter1134Yah.. moon for everything except Bitcoin 🤦‍♀️ this is a crooked prediction 😒

    • @josephspurgeon3668
      @josephspurgeon3668 ปีที่แล้ว

      @@davidhunter1134you deny you were calling a melt up at the Jan 2022 top? GDX to 114. I can dig up those videos

    • @davidhunter1134
      @davidhunter1134 ปีที่แล้ว

      @@josephspurgeon3668 You are way off. My GDX target is & has been $65. I was chastised by many in Dec 2021 for saying the melt-up was topping out & that we would have a 10-15% correction in the 1st Qtr 2022 before going sharply higher. Russia invaded Ukraine so the correction got stretched out. My melt-up call is an end of cycle call, not a trading call. You sound like a retail trader who doesn't understand cycle calls.

  • @bluestrings8829
    @bluestrings8829 ปีที่แล้ว

    Wish i had saw this when it came out.

  • @ramonpineda55
    @ramonpineda55 ปีที่แล้ว +4

    He predicted gold at 2500 and silver 40 at 2020🤣🤣🤣🤣🤣

  • @johnpaulspeedsktr
    @johnpaulspeedsktr ปีที่แล้ว +1

    Inverse this guy

  • @drew9312
    @drew9312 ปีที่แล้ว +1

    Seriously? At least 36% by October. He’s had huge wrong calls over the years. Hosting people with these views does not help Kitco’s credibility.

  • @haigbalian7158
    @haigbalian7158 ปีที่แล้ว

    David and Michelle, this is an awesome interview. Laying it all out...who looks at $300000000000 debt and thinks it can be repaid without severe consequences? Peter Schiff's outlook is similar. It's so sad having followed our fiscal policy as a young business student in the late 70's and always wondering how so much leverage can be sustained. Thank you for a focused hour of bloody analysis.

  • @davidblocher2397
    @davidblocher2397 ปีที่แล้ว +2

    He invented the term melt-up? LMAO This guy is a legend in his own mind and his predictions are awful.

  • @SB-xm5uw
    @SB-xm5uw ปีที่แล้ว +1

    I have no issue with people who make bold claims. But the bolder, the more substantiated they need to be to be taken seriously. Little substance here.

  • @NKM10212
    @NKM10212 ปีที่แล้ว

    This gentleman is smarter than most

  • @jimmylabb5868
    @jimmylabb5868 ปีที่แล้ว +5

    Even if he's half right it's still quite staggering!

  • @giovannipantorno884
    @giovannipantorno884 ปีที่แล้ว +9

    Hes been spot on so far... even at october lows he called for a continued melt up. Spot on

    • @jasonport2907
      @jasonport2907 ปีที่แล้ว

      "He did the rounds in 2014 predicting an enormous crash bigger than 2008, and the markets soared. He also predicted a melt up before the Nasdaq crashed 38% last year." See above comment. He's a quack, just like Harry Dent.

    • @duran9664
      @duran9664 ปีที่แล้ว +2

      I don’t know why he said most people are bearish now⁉️🤔 Last two weeks the market sentiment has been 40% bullish & only 20% bearish + calls at ATH + greed index at extreme for weeks. 😒

    • @tomford4562
      @tomford4562 ปีที่แล้ว +8

      He's been wrong for a decade.

    • @disco4535
      @disco4535 ปีที่แล้ว

      Hes said this many, many times and was wrong. Of course, there is always, EVERY YEAR, people predicting the great collapse

    • @tombarrett4371
      @tombarrett4371 ปีที่แล้ว

      Giovanni are you a paid shill?

  • @c.p.1090
    @c.p.1090 ปีที่แล้ว +1

    China sued Australia for selling impure gold. Any analysts can speak on that scandal. How a country like China 🇨🇳 can be taken for a ride. Gold is not possible to assay.

  • @chrisfox9346
    @chrisfox9346 ปีที่แล้ว +5

    He’s called the bottom all the way down, time and time again….he finally got it right in Nov 22 (slow hand clap)

  • @mvman4122
    @mvman4122 ปีที่แล้ว

    Spot on

  • @LuisRamirez-ws8qf
    @LuisRamirez-ws8qf ปีที่แล้ว

    I love Michelle makori

  • @etsa2008
    @etsa2008 ปีที่แล้ว +1

    he just changed his mind about the timeline for the melt up, but I think it is normal for gurus who are on Kitco to be wrong most of the time

  • @DreamweaverShade-h9p
    @DreamweaverShade-h9p ปีที่แล้ว +5

    Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

    • @devereauxjnr
      @devereauxjnr ปีที่แล้ว +1

      Market declines, soaring inflation, a significant increase in interest rates by the Fed, and rising Treasury yields all point to additional losses for portfolios this quarter. you just need a good FA to help you through this market turbulence

    • @Harperrr.99
      @Harperrr.99 ปีที่แล้ว +2

      @@MakeamericaGreatagain-h7j How do I Find this lady?

    • @brianrundle2875
      @brianrundle2875 ปีที่แล้ว

      Good Idea to get the hell out of California... so you need to live some where, would be dependent on your oppourtunities for employment and if you are retired get the hell out of the US or at least any democrate run states.

  • @michaelpetrus19
    @michaelpetrus19 ปีที่แล้ว

    Always thought provoking...................keep up the great work

  • @metaltracker1723
    @metaltracker1723 ปีที่แล้ว +2

    So glad to see the collaboration with the both of you!

    • @_FightForYourFreedom_
      @_FightForYourFreedom_ ปีที่แล้ว

      Genuinely curious when and why people say "the both" instead of simply "both". Your thoughts on it?

  • @maximme
    @maximme ปีที่แล้ว +1

    FED was MORE political animal
    than
    an economic entity.
    THAT'S THE REASON it kept making mistakes.

  • @Iwo26
    @Iwo26 ปีที่แล้ว

    David is most likely very right about things to come.

  • @rjdebruyn
    @rjdebruyn ปีที่แล้ว +1

    Yes it probably will but only because the USD will melt down by 50% relative to gold.

  • @Jayshadys
    @Jayshadys ปีที่แล้ว +4

    I watched everyone of David Hunters interviews for the past two years this was one of the best chronically displays on TH-cam.

  • @vm-bz1cd
    @vm-bz1cd ปีที่แล้ว

    AWESOME Guest 👏

  • @robertkaplan1146
    @robertkaplan1146 ปีที่แล้ว +1

    A very logical mindset.
    The commodities will have greater industrial values soon that's for sure.

  • @waltzwalter
    @waltzwalter ปีที่แล้ว +8

    The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market?

    • @geraldantonio3160
      @geraldantonio3160 ปีที่แล้ว +3

      Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan.

    • @buzzcrushtrendkill
      @buzzcrushtrendkill ปีที่แล้ว

      How much risk do you like? To be safe, one could move to treasuries. Or just ride this out with DCA if you don't need the money for a decade. Getting into timing the market and shorting, super, super risky.