Markets Overvalued by 150% as Dishonest Metrics Hide the Coming 'Catastrophic' Collapse: Dave Collum

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Dave Collum, Professor of Organic Chemistry at Cornell University and Zero Hedge Contributor, who says that markets are currently overvalued by 150%. Collum warns that dishonest macroeconomic metrics hide the coming “catastrophic” correction. He weighs in on the upcoming BRICS summit and the accelerating de-dollarization trend. Collum cautions that a “gruesome” decade could be ahead with the U.S. dollar at risk of collapse. He also shares his investment strategy for the short-term and for the next 40 years, including his gold price forecast.