David Hunter: Gold and Silver Miners to be the Next Dot Com Bubble
Tom welcomes back experienced investment professional David Hunter of Contrarian Macro Advisors to the show. David shares some of his controversial contrarian views on where the markets are heading. He often receives criticism from investors for his differing views.
David is calling for a melt-up into a secular top this summer, followed by an 80% bear market next fall and winter.
His long term views hold for vastly higher gold, silver and oil prices as inflation takes hold in a few years. This inflation will result in a global economic and financial collapse late in this decade.
Time Stamp References:
1:10 – Recent events review.
4:15 – Melt-up explanation.
6:20 – Outlook for Markets.
10:30 – Economic Lag Time.
13:50 – Second collapse predictions.
17:00 – Eventual global deflationary bust.
21:30 – What will drive the current recovery.
23:47 – Expectations for the US dollar.
26:30 – Service debts at zero percent interest.
28:15 – Money printing and the Fed.
34:40 – Bullish case for gold, silver, mining stocks.
39:45 – Timeline for his predictions.
44:25 – Bond market thoughts.
Talking Points From This Episode
• Expects a melt-up rebound in stocks and then a pullback.
• This downturn and recession are likely to last 18 months.
• Expecting a manufacturing-driven recovery, not a consumer-led recovery.
• A global economic & financial collapse is likely by the end of the decade.
David is Chief Macro Strategist with Contrarian Macro Advisors. He is an investment professional with 25 years of investment management experience and 18 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management. His strong macro capabilities, combined with a contrarian philosophy, have allowed him to forecast economic cycles and spot market trends well ahead of the consensus. Intellectually honest, independent thinker comfortable with charting a course apart from the crowd. Accomplished stock picker and value-oriented portfolio manager.