Dave Collum: ‘Horrific’ Market Downturn Ahead Will ‘Destroy Lives’

Commodity Culture, Released on 7/9/25 (Recorded on 7/7/25)

Dave Collum poses the question: if a broken clock is right at least twice a day, as many proclaim when it comes to market crash predictions, what happens when that broken clock wipes you out completely? Dave presents his case for a prolonged bear market on the horizon that has to occur eventually, as current valuations are stretched beyond all reasonable measures. Dave also discusses why he’s still bullish on platinum, his thoughts on the Big Beautiful Bill, the assault on free speech growing in the West, and much more.

00:00 Introduction
01:17 Bear Market Incoming?
11:37 Bull Market in Platinum?
19:06 Big Beautiful Bill
25:47 Defunding Universities
30:03 Musk’s America Party
37:12 Communism Taking Over NYC?
41:15 The Fall of Minneapolis
44:29 Free Speech Crackdown in the West
48:24 German Police Raid

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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