David Hunter: Volatile Selloffs Expected Before $10,000 Gold and $300 Silver

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Tom welcomes back experienced investment professional David Hunter of Contrarian Macro Advisors to the show. David believes this cycle will end in a bust, something more significant than a deep recession but not a drawn-out depression. He anticipated a big run from the March lows and says we are poised for another big run soon into a top. He cautions that historic debt & derivative exposure will magnify market moves in both directions.

Momentum, further stimulus and a V-shaped second half recovery will combine to drive the market to its final top. However, much damage has been done and money alone cannot sustain a recovery. David expects a second phase of the bust in 2021 including a global financial crisis and a huge involuntary debt liquidation cycle.

He gives his expectations for oil, the U.S. dollar, gold, silver and the miners.

Time Stamp References:
0:40 - Defining a global bust.
2:00 - Where are we in the cycle.
3:45 - Derivatives and leverage.
6:01 - Price chasing and past trends.
11:40 - Triggers for the bust.
16:00 - Debt liquidation cycles.
18:50 - Outlook for the dollar.
22:00 - What this means for gold and silver.
27:00 - Miners and metal price moves.

Guest Links
Email: [email protected]
Twitter: https://twitter.com/DaveHcontrarian

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