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David Hunter Contrarian Review: Market to Crash by 80%
This week on GoldCore TV, Dave Russell welcomes David Hunter, Chief Macro Strategist at Contrarian Macro Advisors, who expects a stock market meltdown. According to David, a global bust could occur in 2022, with a potential market crash of 80%.
He believes that while inflation will be a challenge for the Fed, it will not prevent what he predicts will be the stock market’s last melt-up, with the Dow Jones hitting 40,000, the NASDAQ at 18,000, and the S&P 500 at 5000.
Is the Fed still not ready to taper despite growing inflation?
Where does this leave gold, silver, and the US dollar?
What will happen to the US dollar if money printing continues and inflation rises?
Is $2,500 the next stop for gold? And $50 for silver?
Is there a real heat quotient around the metals right now?
To find out more about David Hunter, follow him on Twitter: https://twitter.com/DaveHcontrarian
01:04- Inflation & Fed Tapering
03:12- Final Melt-Up in Stock Market
06:47- Tech Stock
09:13- The US Dollar Weakening
12:15- What Happened in the Flash Crash?
16:45- The Biggest Risk
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Disclaimer: Videos published are not investment advice and the views expressed may not reflect those of GoldCore ltd.