In a recent YouTube video, David Hunter predicts a commodities supercycle starting in late 2026, sending prices soaring. He foresees copper prices potentially reaching $15-$20 per pound. However, he expresses concern over the enormous global debt, exceeding $320 trillion, and quadrillions in derivatives, creating unprecedented leverage in the system. This economic fragility makes this cycle particularly vulnerable.
Precious Metals
Silver Price: $1500 Possible? Andy Schectman Explains
Andy Schectman discusses the potential for a silver price of $1500, tying it to the over-leveraged state of the West’s financial system. He explores the possibility of a gold revaluation, similar to Judy Shelton’s proposals, that could benefit economies globally while also potentially leading to increased inflation. The conversation also touches on the potential for a central bank digital currency (CBDC) tied to gold as a way to reset the system and the vulnerabilities of a prolonged reliance on low interest rates.
Rick Rule’s Top Silver Stocks for 2024
Rick Rule, a renowned investor, shared his top silver stock picks for 2024 in a recent interview, outlining his bullish outlook for silver. He highlighted Pan-American Silver, Fortuna Silver Mines, and Buenaventura Mining Company, among others, emphasizing his preference for companies with high-quality assets and strong management teams.