GoldCore, Released on 4/28/22
David Russell of GoldCore Tv welcomes back David Hunter, Chief Macro Strategist with Contrarian Macro Advisors, who predicts that a ‘Melt-Up’ boom will still take the DOW to 45,000, the NASDAQ to 20,000, and the S&P to 6,000. He has also revised upwards his gold and silver price targets for 2022 to $3,000 and $50, respectively.
Highlights from this episode:
Why does he still feel that we will witness a ‘Melt-up’ boom in the market amid mounting inflation, global tensions due to war, and uncertainty in the stock market this year?
What is the underlying cause of the recent meltdown?
When are we going to see this market melt up?
How might the Fed react to the present market weakness?
Is there going to be a slowdown in inflation?
What would need to happen to cause him to reevaluate his “melt-up” theory?
What role will gold and silver play in the next melt-up rally?
What happens to the market once the bubble bursts? Is this going to be a long-term bear market? Is there going to be a significant stock market correction?
David Hunter is Chief Macro Strategist at Contrarian Macro Advisors. He is an investment professional with 25 years of investment management experience and 20 years as a sell-side strategist with strong expertise in macroeconomic analysis and portfolio management.
18 minute mark talking about silver taking off hard from here. I totally agree. I’m going to call it the “viagra erection” technical pattern.