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Catastrophic Collapse Of The Stock Market Will Cause A Silver Avalanche - David Hunter - YouTube
Channel: The Financial Brief
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what's holding back the golden silver
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price i think one thing it's certainly
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the dollar i think in the first half of
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the year you could see gold up to 2500
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i think you can see silver at 50 in that
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2023 to
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20 30 time frame
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you know i think the sky's the limit
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um i think qe will be a big part of the
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response to the bust um right now
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obviously they're tapering
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and uh with the plan to get down to
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uh zero ease by the end of the first
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quarter
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so
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you know right now the fed's
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pretty much on automatic pilot in terms
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of pulling money uh you know slowing
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down the increase in money supply
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um by by the beginning of the second
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quarter
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they will no longer be easing if they
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follow through on what they're you know
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what they're saying now
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unless something happens in the next
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couple months to change that
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i think that's likely
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to say okay in the march we're done
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easing that does not mean immediately go
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into hiking rates and tightening they
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may choose to sit on their hands for a
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couple months
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or they may say inflation's really out
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of hand
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and you know it's starting to accelerate
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further
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and we have to tighten right away i see
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no hiking of rates before the second
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quarter
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and i have no way of knowing whether it
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will be second quarter or third quarter
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or fourth quarter but at this point i
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think we're going to see the taper
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follow i think they're gonna you know
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continue with what they have said
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they're gonna do
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and and we just have to wait and see
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what the next few months brings
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i'm expecting
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a pullback in the market here and then a
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big melt up
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if that melt-up is
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happening in the first quarter as i
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expect it will
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that's probably going to have them
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responding to what looks like an
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overheated certainly overheated capital
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markets and may be accompanied by an
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overheated economy if if that continues
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to
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open up
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and and that would probably tell you
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that they would be hiking rates before
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mid-year you know the s p went back to 4
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500
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both times nasdaq went back to 15 000
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both times
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and then we had this last kind of rocket
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ship up you know
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combined santa claus rally year-round
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rally type thing
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and
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i and you had a lot of people saying oh
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this is the melt up here we go
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and i kept cautioning saying i don't
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think so there's some some things that
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didn't happen during those first two
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pullbacks
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so
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it looks to me like we're likely in the
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next couple weeks to have that third
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pullback
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back into that 15 000 nasdaq 4500
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uh s p
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and i would not be surprised to see
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the nasdaq get down to 14
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hundred
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you know fourteen thousand five hundred
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six hundred uh and the and the s p get
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down to say forty four hundred so
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actually go lower than the first two
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drawdowns
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um
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but to me it's all part of the same
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correction that started in november
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and i think it does kind of clear the
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air
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set up the sentiment in such a way
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that then you can really have the melt
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up that i expect to be a rocket ship i
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mean i think it's going to be a stunning
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rally
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could all happen in the first quarter
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could spill into the second quarter a
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lot depends on how fast it gets going
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and how steep it gets because i i think
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it's going parabolic at the end so um if
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it really gets going
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i think people are going to be surprised
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but the term melt up gets thrown around
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a lot
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but i find most people using that term
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are thinking it's just a you know
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another rally it's going to be something
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we haven't seen if it's what i
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expected when i come when i use the term
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melt up it's something we
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rarely see
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it's going to be stunning
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and i think that's basically
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you know
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later january through
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march type of an event where you could
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cover
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you know from
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45 44 or 4 500 on the s p
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you could you could go up easily a
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thousand points maybe
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maybe 1500 points um and if if you do
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that
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in three or four months time
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that's a meltdown most cops and this is
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the granddaddy of tops it's basically in
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my opinion
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uh i call it a 39 year secular top so it
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started in august of 1982.
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it's all been driven by disinflation
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lower interest rates
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you know along with good earnings but um
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and so it's a it's a top unlike any top
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we've seen in my career and in your
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career certainly
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so when
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it tops
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the likelihood is it's not
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you know touching a high and then roll
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over you know it's probably going to be
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one of those things where
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you may go down quickly
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soon after you reach a high
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um and you might go down 15 or 20
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percent
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and then come back and retest
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not all the way back to the highs
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probably but you know two-thirds of the
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way back with the quarters a little way
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back so that let's say let's say i'm i'm
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just going to throw out a possibility
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let's say that you can get to 6 000.
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you might you might take
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you know a thousand points off that 6
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000 in in a very
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quick order as people all those people
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have said oh
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i want to get out i don't want you know
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when we get this melt up i'm going to
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take advantage i'm going to get out
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and
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you know you could see a thousand points
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come out of it very quickly i don't know
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whether that be a matter of a couple
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weeks or a month or what but and then
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um
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and you know whether the fed steps in or
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not
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something happens to trigger a rebound
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um and that rebound might take you back
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you know from 000 to
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you know 5700 let's say and i'm just
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throwing out scenarios but
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uh and then you roll over so it's
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possible
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it's possible you could go straight down
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but more likely you get some such
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you know first down and then a step back
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up and then down you know in a much more
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dramatic longer term fashion people
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think it's just very simple to sit in a
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committee and say hey we need to
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you know
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we're seeing things that we need to
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react to or we need to anticipate
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there's always cross currents i mean
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this isn't anything new you know you go
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back to
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when i first came into the business in
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the um early 70s you know there was in
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the in the 73-74 crash
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there was plenty there that you know
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they were trying to react to and didn't
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didn't pick up early enough
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we certainly know that in the 1980-82
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period you had a double dip in the
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economy
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you know the fed the fed is doing their
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best to look at stuff but the problem is
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they're looking at data that
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is backward looking
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to try to determine what's going on
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forward and so are economists
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you know across the board
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as a result oftentimes
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things catch them by surprise so
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you know the cross currents right now
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are nothing new covet throws in a new
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wild card you know
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is is omicron
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you know
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the uh the less virulent form that's
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kind of kind of normalized things or is
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omicron gonna shut things down you know
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they don't they're not
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able to answer that question you've got
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to just kind of keep
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watching things as they go along
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um you've got supply chain that's still
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an issue
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how much of inflation is transitory how
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much is
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it has legs
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the one thing that i kind of
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expecting is
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you know from my time back in the early
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80s
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is that once inflation breaks out
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it just doesn't get put back in the
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bottle very easily so
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you know i just think that's the more
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likely scenario is that
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as we move through the first quarter
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inflation's only going to become a
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bigger problem and keep the fed
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moving towards tightening i think in the
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first half of the year you could see
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gold up to 2500
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i think you can see silver at 50. i
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think people think i'm crazy to be
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talking 50 when one silver's down in the
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low 20s but
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um
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but that's yeah i think they're they
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have the ability once they get going
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here
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to really have a big long run and or
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certainly a
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steep run um in the bus they'll probably
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have a good size pull back you know good
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size correction
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not like the stock market i'm calling
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for an 80
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bear market for stocks you know they
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they won't they won't do anything like
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that they'll you know but they could
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come back to where they are now or
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certainly gold could come back down to
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you know the high teens silver probably
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stays
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you know quite a bit above these levels
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uh because it goes so far but
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but then
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you know beyond the bust in that 2023 to
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2030 time frame you know i think the
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sky's the limit you know i i use a 10
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000
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plus number for gold
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i don't know if that plus means 20 000
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or what it means but it's gonna be a lot
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uh and silver i'm basically saying four
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hundred dollars and that may prove mo
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so there's you know we're we're in a
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early
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early in a a bull market
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um they had a great run from
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um 2001 to 2011 that decade was great
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uh you know gold went from 250 to
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to 1900.
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um this one's going to be i think an
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even you know this is the next big leg
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after that leg that could take you from
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you know ultimately 1650 at below where
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it was this year
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all the way up to who knows maybe 20
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000.
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[Music]
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