Goldtent TA Paradise

A Global Depression By 2025? | Trade Expert Simon Hunt Predicts That’s Inevitable

1. silver fox says:

   September 22, 2022 - 6:26 pm at 6:26 pm

   I went through that video earlier on today, and then reviewed it again to try to fully absorb what Simon Hunt was saying.

   There are some things I don’t follow. For example, in order for the DXY to fall, other currencies (Euro, Yen, Sterling) must rise relative to the dollar. One might expect Europe and the UK to suffer a severe economic collapse this winter, with the monetary printing presses running amok. How then should these currencies rise against the dollar by the spring of 2023?

   I do agree that global economic turmoil, maybe even a depression, is in the cards – first deflation, then inflation / stagflation. I expect the metals will do well after the deflation, but how the miners will fare with $250 oil, I do not know.

   The thought of global war fills me with unease.

2. pedro_deleon says:

   September 22, 2022 - 7:56 pm at 7:56 pm

   DXY is rising because our rates are rising faster than in Europe or Japan.
   It could fall simply due to the end of the rate hikes, as Europe and Japan take small catch up steps.

   11% interest rates by 2025 will cause a big snap, somewhere.
   Rates like that do seem in line with 250 crude. Bonds will keep selling off until buyers get compensated for rising prices/ “inflation”, and energy will drive that if credit doesn’t contract immensely.

   Hunt’s specificity on dates etc. may well derive from his firm’s association with WaveTrackInternational, an EW firm. I get their RSS, but not a whole comes that way. I don’t know how it stacks up.

   As for unease … yeah, I’d say so. Has me rethinking my relo plans in fact. Time for a change of scenery?

3. Kewl2 says:

   September 22, 2022 - 8:16 pm at 8:16 pm

   Shocking video tidbits — Russia estimated to have 12,000 tons of gold — China estimate 52,000 tons of gold — mind boggling numbers if true!