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.
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. 😒
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.
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
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.
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.
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
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.
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.
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.
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.
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.
@@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.
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.
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. 😒
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
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.
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.
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.
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?
@@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
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.
@@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.
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 wrong because the volatility in sovereign debt collapse crushes all leverage. Think of an airplane cockpit with all the dials spinning in opposite directions.
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
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
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.
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. 😒
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.
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
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.
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.
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.
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!
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
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.
@@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.
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.
"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.
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. 😒
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.
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.
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
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.
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?
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.
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.
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.
Based on his track record, it's safer to assume the S&P will roll over this week.
Does he know Steve van Meter ?
@@buggsmcgee9270 He's not saying BUY SELL BUY SELL BUY SELL BUY SELL..... lol
@@buggsmcgee9270yes they are twins with an IQ combined of 100.
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. 😒
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.
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
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.
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.
@@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
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
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.
She not interested Brock… just let it go. 😂
@@personalfreedom2700uhhhhaaaa. Of course, when she is hot, nothing can go wrong, life is forever beautiful even if mkt drops 80%.
She's the editor of the whole kit and caboodle. She is well informed. A very good example of why Kitco has success.
Beats Patricia Karvelis in Perth Australia that constantly interrupts the ones she interviews.
She’s very good at her job. Keeps attention with beauty, and speaks clearly and asks the right stuff.
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.
Cryptocurrency crashed the last couple years, so it should be starting a new run to a new high.
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.
@@RandyPelletier Did a quick web search, she has a pretty decent bio, I wrote her and I'm waiting on her reply.
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.
I am tired of these types of forecasts. They are never correct.
the problem is they never show proof of their previous forecasts... all this economic BS is a hype train
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.
It's about the viewing clicks, the rest is blA bla
There are many variables.. CORRUPTION most likely playing the largest role.
Until they are. 32 trillion in debt (minus future s.s, medicare/aid and defense) must always be kept in mind.
I remember Hunter's predictions rather well. A correct one I don't remember though...
The last correct one was the 2020 meltup but he was wrong for years before and has been consistently wrong since
@@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
@@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.
He had a few correct ones but I agree, he is often wrong
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
If this guy is right, my head may explode
Time will tell soon
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.
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. 😒
He said the same thing at the 2022 peak
Ahhh thank you Michelle for your patience in letting your guest speak 10:10 guest and interviewing… thank you again 🎉
Excellent interview with an obviously and oh so rare highly intelligent person asking questions. Bravo Michelle Makori.
Thank you Michelle for great interview
Wow ... he forecast a rally in March 2020 .... amazing !!!
"Watch and learn"
I started following Hunter at that time. His call was spot on while the rest of the street was all forecasting much lower levels.
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
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.
Catching falling knives... solid gold knives though
@@ComeOnPelican91 I am fearless.
That is the attitude needed to go that route.
I think a hedge might be more practical, but I had the same thought initially.
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.
This was an excellent interview
Great timing for David Hunter. Thank you!
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.
He has been predicting this for a long time and so far has been way off.
Always love watching Michelle, such a great interviewer..and soooooo pretty ❤
Just look around! you don't need a guru to tell you this ship is going down.
Great Interview. Thank you so much!!
Outstanding Interview!
I admire Michelle’s professionalism. Great work!
Great interview! Thank you Michelle. Thank you David. 👍👍👍
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.
David Hunter has been making outrageous predictions for a while now and he keeps moving the goalposts.
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?
When I want to see comedy and fiction, I always turn to Hunter.
😂😂😂😂
At least you are getting some value out of it, although it won't be the kind you remember afterwards.
@@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
Great interview and talk! Thanks for posting. 😮
Videos like this are a great sign that the top is in.
He's generally not in synch with the consensus.
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.
He predicted the same melt-up for last year as well
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.
We had an invasion in the Ukraine to contend with.
@@DaveHcontrarian fair point
@@DaveHcontrarian At the time you said it wouldn't affect the stock market. Now you use it as an excuse that you were wrong.
@@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.
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...
Are you kidding, if gold does that I will make a fortune with leverage
@@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.
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
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 - $60.00 by the end of the year but time will tell, maybe you will have David back maybe mid Sept ?? again thank you
When do you see those indexes hitting those ATHs? 🎉
@@doramar8776 I agree with David Hunter but I don't think S&P 7000 by Labor Day but maybe Nov or Dec
Kitco needs to have a live debate between David Hunter and Harry Dent 😂
Both always wrong 😂
Haha
I think the best indicator of the meltup is out of control inflation which is inevitable with fiat currency because one thing that has always held true is fiat currencies always go to 0 value.
Well formed video and ideas . Great insight 🎉
Awesome conversation....Thank you....
Great host
Gold & gold stocks did the best during the Great Depression!
Je said all this like 3 years ago along with his 500$ silver projection.
David Hunter is the finance editor of the Weekly World News.
😂😂😂
At least Weekly World News report real news of Aliens and monsters.
Excellent commentary and analysis. Thank You!!!
Excellent interview.
Excellent interview and conversation
Insane interview, big picture phenomenal 👍🙏🙏
🙏🏼 excellent interview!
Best video this year
Fascinating forecast; I am not counting on it.
Enjoyed this interview. David forecast is still on track .. just see big picture
Only thing he has called is oil to zero. He has been grossly wrong every Year consistently
I enjoy David Hunter interviews. Thanks Michelle
Love a guy willing to make unequivocal calls. Def food for thought. Great show. Thanks.
Great guest great show thanku
Love David Hunter. Thanks Michelle.
Hi David!
20% Bears 57% Bulls I don’t see extreme bearishness
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. 😒
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.
As the Pharos said I am inD’Nile 🐫🌴
That was the largest rally in history. It's likely doing a melt up (not a big rally). I.e definitely won't peak.
Agreed
David is finally getting it right
Let it play out.
Focus on the present and get your house in order. Good advice! 👍👍
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
這個人很適合當政客。圓滑且善於將事情複雜化。
Really exceptional interview. I am really amazed. Thank you!
He is spot on with his macro picture. Precise dates are just not predictable. His models I agree with.
Why would gold and silver Drop when stocks go bust? Arent they supposed to be safe havens?
Quality guest, Michelle and great questioning. Best Philly 🐝🎩🐇🇬🇧
Excellent discussion!
Great interview Michelle!!
All these old guys gambling on the markets like it’s a slot machine in Vegas 😂
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.
My favorite conrarian to listen to thanks for having him on.
Good chat. Interesting.
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.
Plus they're working on getting rid of the dollar going away switching over digital Dollar Fed Now and CBDC.
Another award winning interview! Thank you!
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.
Agree. Unless the Fed goes into vigorous QE, there isn't more liquidity available to pump further. I could be wrong...
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!
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
Can def see and feel this market go up another 6 months
Kitco scrapped the bottom of the barrel on this one. Dave has been calling for a melt up for 2 years!
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.
@@davidhunter1134Yah.. moon for everything except Bitcoin 🤦♀️ this is a crooked prediction 😒
@@davidhunter1134you deny you were calling a melt up at the Jan 2022 top? GDX to 114. I can dig up those videos
@@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.
Wish i had saw this when it came out.
He predicted gold at 2500 and silver 40 at 2020🤣🤣🤣🤣🤣
Inverse this guy
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.
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.
He invented the term melt-up? LMAO This guy is a legend in his own mind and his predictions are awful.
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.
This gentleman is smarter than most
Even if he's half right it's still quite staggering!
Hes been spot on so far... even at october lows he called for a continued melt up. Spot on
"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.
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. 😒
He's been wrong for a decade.
Hes said this many, many times and was wrong. Of course, there is always, EVERY YEAR, people predicting the great collapse
Giovanni are you a paid shill?
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.
He’s called the bottom all the way down, time and time again….he finally got it right in Nov 22 (slow hand clap)
Spot on
I love Michelle makori
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
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.
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
@@MakeamericaGreatagain-h7j How do I Find this lady?
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.
Always thought provoking...................keep up the great work
So glad to see the collaboration with the both of you!
Genuinely curious when and why people say "the both" instead of simply "both". Your thoughts on it?
FED was MORE political animal
than
an economic entity.
THAT'S THE REASON it kept making mistakes.
David is most likely very right about things to come.
Yes it probably will but only because the USD will melt down by 50% relative to gold.
I watched everyone of David Hunters interviews for the past two years this was one of the best chronically displays on TH-cam.
AWESOME Guest 👏
A very logical mindset.
The commodities will have greater industrial values soon that's for sure.
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?
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.
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.