“Parabolic Melt-up Before An 80% Market Crash…” | David Hunter
David Hunter returns with his boldest call yet. After nailing $3,650 gold, he now warns of a massive melt-up before a collapse worse than 2008, a plunging U.S. dollar, and explosive targets for gold, silver, and stocks.
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CREDIT:
David Hunter’s Twitter:
https://twitter.com/DaveHcontrarian
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12 Comments
Gold’s price was $35 when President Nixon took the dollar off of the gold standard. The dollar had lost 99% of its value when gold’s price recently reached $3500. Today with gold at $4346 it has lost approximately 99.2% of its value. During the last 1% of its remaining value it will achieve the following levels:
99.93%-$5000
99.94%-$5835
99.95%-$7000
99.96%-$8750
99.97%-$11667
99.98%-$17500
99.99%-$35000
99.999%-$110000 (Unobtainiam)
Very small probability of major crash. Market is run by liquidity, not the economy.
The greatest depression 2.O hits in the 2030s… but first… ghe roaring 2020s 😊
The market is crashing UP 😂 😂😂
Trump will blame the Democrats LoL 😆
this guy always calls for the same thing, year after year.
Mr. Hunter has been saying this exact same thing for at least three years. As they say, a broken clock is right twice a day.
Sir John Glubb ‘s study is well worth reading as he provided an explanation as to why the U.S. financial markets are performing as they are. From Sir John Glubb’s study; ““As numerous points of interest have arisen
in the course of this essay, I close with a brief
summary, to refresh the reader’s mind.
(a) We do not learn from history because
our studies are brief and prejudiced.
(b) In a surprising manner, 250 years
emerges as the average length of national
greatness.
(c) This average has not varied for 3,000
years. Does it represent ten generations?
(d) The stages of the rise and fall of great
nations seem to be:
The Age of Pioneers (outburst)
The Age of Conquests
The Age of Commerce
The Age of Affluence
The Age of Intellect
The Age of Decadence.
(e) Decadence is marked by:
Defensiveness
Pessimism
Materialism
Frivolity
An influx of foreigners
The Welfare State
A weakening of religion.
(f) Decadence is due to:
Too long a period of wealth and power
Selfishness
Love of money
The loss of a sense of duty.
(g) The life histories of great states are
amazingly similar, and are due to internal
factors.
(h) Their falls are diverse, because they are
largely the result of external causes.”
Appreciate the video. All thanks to God and dude for the wisdom & research shared with 15k I reached 40k within a week hallelujah 🙌 Goodluck to anyone thats came across this comment!!…………. ..
inflation trending down? this guy is on drugs
I don’t see how the market will crash when the fed will just keep printing money. If they say they’re gonna stop printing that’s when I’d worry
Buonanotte