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Title: David Hunter: Volatile Selloffs Expected Before $10,000 Gold and $300 Silver
Source: [None]
URL Source: https://www.youtube.com/watch?v=fxq9v8XH2jg&feature=emb_rel_end
Published: Aug 3, 2020
Author: Palisade Radio
Post Date: 2020-08-05 18:36:05 by BTP Holdings
Keywords: None
Views: 19

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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.

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