Dave Collum: ‘Decades of Pain’ Ahead For Markets – Reversion to Mean Will Be ‘Violent’

Commodity Culture, Released on 6/23/26 (Recorded on 6/22/26)

Dave Collum isn’t mincing words when it comes to the madness of the SpaceX IPO and the current investor paradigm of valuing companies on a hope and a prayer, as opposed to cash flows and intrinsic valuations. Dave believes a reality check is coming for markets and when it does, we could be in for a major correction, followed by decades of stagnation.

00:00 Introduction
00:57 SpaceX IPO Madness
02:46 Is This Peak Bubble Territory?
05:10 Government Market Intervention
09:19 Market Complacency and War
18:13 Gold and Silver Going Higher?
24:26 Geopolitics and Markets
29:16 Creeping Totalitarianism
35:03 Evil of True Believers
39:29 Satanism’s Role in Elite Circles
41:40 Where is Dave Seeing Value in Markets?

David B. Collum is an economic commentator, chemist, Betty R. Miller Professor of Chemistry and Chemical Biology at Cornell University. He holds a PhD, Columbia University, MS, Columbia University, MA, Columbia University and BS, Cornell University.

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