David Hunter forecasts a 43-year secular bull market ending with a parabolic final stage, targeting S&P at 7500, Dow at 55,000, NASDAQ at 25,000, and Russell at 3,300 within months.
A global bust worse than the 2008 recession is expected, with an 80% peak-to-trough decline in indexes over a concentrated 12-18 month period.
The global banking system faces potential widespread bank failures, contributing to a financial crisis potentially surpassing the 2008 recession.
The Federal Reserve may initially ease rates but ultimately increase its balance sheet by $20 trillion to combat the crisis.
Hunter predicts gold reaching $3,400 this year, with silver targets at $36, mid-$40s, and finally $75.
The next cycle will be a major commodity cycle, led by precious metals, copper, nickel, and natural gas, driven by massive money printing and limited supply.
Post-bust, precious metals will experience a cyclical bull market, with potential targets of $20,000 for gold and $4,500 for silver in the next cycle.
Investors should prepare for a potential 80-90% loss of portfolio wealth in the biggest bear market in 90 years, but also anticipate significant opportunities in commodities and precious metals thereafter.
The European economy faces potential collapse due to the Ukraine war, with the auto sector expected to be hit hardest, particularly BMW SUVs made in America facing tariffs in Germany.
Despite a false rally in Europe’s money supply (M1 up 2.7%, M3 up 3.6% year-over-year), the German economy is predicted to slow down by mid-year.
The Russia-China alliance is unlikely to be broken by Trump’s efforts, as their long-standing relationship outweighs the US’s four-year relationship approach.
Gulf countries may be planning to stand against colonial powers in the Middle East, potentially leading to civil wars in countries with large Palestinian communities.
The Bank of England has been shorting gold, taking 4-8 weeks to deliver, risking a potential default that could collapse the global financial system.
China reportedly holds 25,000 tons of gold, with citizens and institutions owning an additional 25,000 tons, potentially enabling them to break the Hong Kong dollar peg to the US dollar.
The US Treasury Reserve may be buying gold to double its holdings to 16,000 tons, potentially backing a domestic-use-only currency while allowing the international dollar to find its own level.
The Bank of England might need a war with Russia as an excuse to default on its debt, which could lead to a collapse of the global financial system.
The US has contributed over $8 trillion to international organizations like the IMF, World Bank, and United Nations since 1945, with additional $250 billion to UN, $300 billion to IMF and World Bank, and $50 billion to development banks in Africa and Asia.
US spending on NGOs, migrant traffickers, and war-starting organizations amounts to tens of billions, including support for groups like Oxfam, Amnesty International, Atlantic Council, and Endowment for Democracy.
The US allocates at least 2/3 of its entire defense budget to protecting or combating enemies of other countries, maintaining 750 overseas bases, 160,000 American soldiers in 80 countries, 50,000 civilian contractors, and 11 aircraft carrier strike groups worldwide.
Inflation-adjusted spending on wars in Iraq ($1.3 trillion) and Afghanistan ($3.2 trillion) totals at least $42 trillion, contributing to a total defense expenditure of about $30 trillion since 1945.
The US could potentially cut military spending by half if tensions with Russia and China are reduced, and by three-quarters if it ceases its role as global policeman, allowing half a million men to focus on domestic protection.
The S&P 500 is trading at an unprecedented 28 times earnings, indicating a cyclical peak in speculation that has never led to successful investments over the next decade.
The Buffett indicator, measuring stock market value compared to US GDP, is over 200%, signaling a speculative mania similar to historical booms like the 1844 railroad and 1929 auto booms.
Stansberry predicts a series of market corrections: a 27% drop, followed by a rally, then a 47% correction, and finally a 80% or more decline within the next 36 months.
The US government is facing $200 trillion of obligations due in the next 30 years, with a 7% of GDP deficit last year despite full employment, putting it on track for a $4 trillion deficit this year.
The private sector needs to drive economic growth, requiring a reorganization of the US economy away from reliance on government intervention and deficit spending.
The corporate bond market shows a zero risk premium relative to Treasury bonds, a rare situation indicating a cyclical peak in speculation.
Rising gold prices are seen as the market’s response to the potential collapse of the US financial system due to government bankruptcy.
Tariffs are viewed as a bad idea, functioning as a form of progressive taxation that will ultimately lead to higher prices for consumers.
The market is tilting towards believing Trump’s policies will cause a significant recession in the US over the next 12-18 months, potentially leading to falling Treasury yields and a stock market massacre.
Civil unrest is considered likely if Trump continues to challenge the DC bureaucracy, with concerns about potential retaliation from the Deep State.
Project 2025’s school choice reforms, including education savings accounts and tax credit schemes, will likely expand control over private schools, homeschooling, and publicly subsidize edtech corporations, funneling public tax dollars into private entities.
Impact investing vehicles like social impact bonds and pay for success contracts will be used to data mine students’ learning analytics for social credit outcomes in the Fourth Industrial Revolution digital economy.
Education savings accounts (ESAs) will allow government regulation of homeschooling, private, and religious schools by attaching strings like health code regulations, potentially restricting ESA fund usage for homeschooling.
Edtech corporations will be subsidized through school choice reforms, allowing them to data mine students and monetize their data for social credit systems.
Precision education aims to personalize learning based on DNA, IQ, and gene sequences, using algorithms to funnel students into social credit niches, with a digital ledger of learning propensities.
Online learning during lockdowns enabled data mining and surveillance capitalism, with 50% of students staying online post-lockdown, as schools require in-person classes to have online materials ready for emergencies.
AI in education may replace human teachers and students, automating workforce roles and reducing the value of human labor, as AI can teach better than humans and automate many tasks.
Relying on AI tools like Grammarly for writing may atrophy the cognitive muscle needed for effective communication, leading to a decline in language understanding and processing skills.
Community Charter Schools in the US, operated by private companies with corporate boards, use public tax dollars for wraparound services like health care, workforce training, and criminal justice intervention.
Precision medicine and precision education are linked, with DNA-based personalized medicine initiatives paving the way for DNA-driven personalized learning and therapies in the future.
Trump’s actions, such as Project 2025, may be a Deep State play to dismantle government veneer while expanding control over schooling to streamline ed-tech for the Fourth Industrial Revolution.
The Amazon Kindle change exemplifies the shift towards a tokenized social credit economy, where access to digital products is based on social credit algorithms.
Smart homes and wearables for disabled veterans, equipped with cameras and sensors, may be part of a precision medicine data mining project to correlate environmental behaviors with epigenetic changes.
Pay-for-success programs may maintain a social safety net but require compliance and tracking, with tokens programmed for specific vendors and timeframes, potentially leading to a blockchain-based system in education.
The security state infiltrating alternative media poses a danger, associating dissenting voices with extremist narratives that can be turned against them, undermining genuine discourse.
Christian nationalism and un-Christian behavior among some conservatives contradict the teachings of Jesus, highlighting the need for a genuine Christian response to political issues.
London to COMEX gold movement driven by tariff fears and geopolitical shifts, with banks reshuffling reserves into the US for potential future use or resale in Asia.
JP Morgan and other bullion banks engage in arbitrage by buying gold in London, shorting futures, and making delivery on COMEX contracts, preferring kilobars for convenience in the US and Asia.
China actively accumulating 50-70 tons of gold per month (not officially reported 5 tons) to diversify away from dollar risk post-Ukraine war and reduce US sanctions vulnerability.
Lack of transparency in US gold audits, particularly at Fort Knox, with compartments reopened multiple times without proper justification, raising questions about audit integrity.
A proper audit of the 8,000 tons of gold at Fort Knox would take years, as the small vault can only accommodate a few people at a time to inspect thousands of bars compartment by compartment.
US values its gold at $42/oz to demonetize it, but revaluing to current market price of $2,600/oz could free up $700-800 billion for spending or debt relief, though it would be highly inflationary.
China developing alternative payment systems like BRICS mBridge and digital yuan to challenge dollar dominance, enabling trade with surplus countries and converting excess yuan to gold at the Shanghai International Gold Exchange.
The LBMA states that buying unallocated gold makes you an unsecured creditor, meaning there’s no fraud if multiple people own the same bar, as the paper gold market operates on this basis.
In 2011, Ron Paul learned from the OIG that 450 tons of gold at the Federal Reserve had never been audited since 1974-75, raising concerns about audit integrity.
The US Treasury holds gold certificates valued at $42 per ounce, exchanged for physical gold from the Fed in 1934, but the Fed itself doesn’t own any gold today.
China’s gold accumulation aims to reduce reliance on the dollar for trade and reserves, as the US is sometimes labeled the consumer of last resort, critical for export-driven economies like China.
The US gold reserve, valued at $757 billion at current market prices, is 68 times its official book value of $11 billion, highlighting a significant discrepancy in valuation methods.
Despite being the world’s largest gold reserve, its value is insufficient to fund the US Department of Defense for a year or make a substantial impact on the $36 trillion national debt.
The US gold reserve, totaling 261 million troy ounces, is primarily stored at Fort Knox (56%), West Point mint (21%), and Denver mint (17.7%).
The official valuation of US gold reserves at $42 per ounce based on the 1973 statutory rate is drastically lower than the current market price of around $2900 per ounce.
The value of the US dollar is not tied to the size of the gold reserves, indicating that the reserves do not serve as a solution to the country’s fiscal challenges.
Universities have become “nurseries of socialism” due to government funding, with only a small “remnant of young people” resisting statist propaganda, as observed by Ludwig von Mises.
Peer-reviewed research in universities is often distorted by government funding, with journal editors acting as gatekeepers to prevent publication of research challenging government views.
University boards of directors often act as “yes men and women” to presidents, intimidated by PhDs and unwilling to challenge decisions, leading to a lack of accountability.
The GI Bill after World War II became the “camel’s nose under the tent” for government control of higher education, initially intended to prevent diploma mills but eventually leading to political influence.
Government funding has led to a lack of accountability in universities, with issues such as ideological agendas and financial mismanagement, as highlighted by Mises Institute president Dr. Tom DiLorenzo.
The “Long March through the institutions”, a concept by Italian communist Antonio Gramsci, began in universities in the 1960s, embedding cultural Marxism in academia and influencing modern university operations.
At Loyola University, the Dean’s office budget skyrocketed during a financial crisis, while faculty were asked to make sacrifices, demonstrating a disconnect between administration and academic staff.
The University of Chicago demonstrated bias in peer-reviewed journals by rejecting a paper challenging Nobel Prize winner George Stigler’s views on antitrust regulation, with the editor stating, “We don’t question Nobel Prize winners around here.”
Younger and less educated individuals view extractive industries more negatively due to environmentalist ideology, which is inversely related to age and education levels.
Environmentalism, tied to climate change, is described as a “dictator ideology” requiring global government intervention to control behavior, unlike most religions or social customs.
Environmentalist interventions primarily impact the cost and risk of developing new mines, rather than existing operations, effectively prohibiting the discovery and exploitation of new natural resources.
The shortage of students in mining training, fueled by negative perceptions, will delay market response to future industry needs, leading to shortfalls and soaring prices in extractive industries.
Environmentalist restrictionism has prevented or stalled new mine development for years or decades in countries like New Zealand and the vast majority of US state governments, despite efforts like President Trump’s “drill baby drill” approach.
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