David Hunter predicts a final market rally leading to significant peaks before an impending 80% decline, driven by rising inflation and global debt, while emphasizing the importance of strategic asset positioning and the potential for substantial gains in gold and silver prices.
Market Predictions
David Hunter forecasts a “blowoff top” in the broad market, reaching 8,000 before a global bust that could wipe out 80% of stock market value.
Hunter predicts gold will hit $4,000 this year and potentially $20,000 by early 2030s, with silver reaching $75 and later $500.
A 69-month period is expected where timing the market will be more crucial than time in the market due to potential large declines.
Investment Opportunities
Gold miners are seen as a leveraged play on gold, with targets of $65 for GDX, $100 for GDXJ, $75 for SIL, and $35 for SILJ.
Hunter believes Trump’s tariff policies are a negotiation strategy aimed at achieving freer trade with partners, not an end goal.
Economic Outlook
The economy is expected to slow in summer due to tariff impact, leading to negative economic growth and causing rates to decrease.
Hunter predicts the 10-year bond rate could drop below 3% by fall, potentially reaching 2.5% by year-end and 0% during the bust.
Global Financial Concerns
The Japanese bond market is anticipated to become problematic in the mid-30s, with rates rising significantly before a downturn.
Hunter expects the “printing press to be shut down” in the mid-30s due to high double-digit inflation and interest rates, leading to sovereign debt collapse.
Silver is viewed as more economically sensitive than gold, potentially collapsing to the low $20s during a global bust.