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Florian Grummes: Hyperinflation, Nowhere Near a Top for Gold & The Case for $500 SIlver
Stijn Schmitz welcomes Florian Grummes to the show. Florian Grummes is Founder & Managing Director of Midas Touch Consulting. In this comprehensive interview, Grummes provides an in-depth analysis of the current precious metals market, focusing on gold, silver, and broader economic trends. Grummes argues that the fundamental driver of the precious metals bull market is the ongoing destruction of fiat currency’s purchasing power through continuous money printing. He believes we are in the “end game” of the current monetary system, with central banks forced to continuously expand the money supply to prevent economic collapse. This process is leading to significant inflation and eroding people’s trust in traditional currencies. Regarding gold, Grummes sees a bullish trajectory, with potential targets ranging from $5,000 to potentially $15,000. He notes that gold has been in a secular bull market since 2001 and is now accelerating. The recent price action, including central bank buying and physical demand from countries like China, supports this optimistic outlook. He anticipates “real fireworks” in January, with a potential move towards $5,000. Silver is even more exciting for Grummes. After breaking the critical $50 resistance level after 45 years, he believes silver could reach $72 in the short term and potentially $100 or higher in the coming years. He describes silver’s current movement as a “violent” breakout with significant upside potential. The discussion also touched on other precious metals like platinum, which Grummes considers undervalued, and emerging trends like tokenized precious metals. He sees tokenization as a potential future for more liquid and transferable metal investments. Regarding mining stocks, Grummes believes there is still significant upside, particularly for larger producers and junior miners. He advises patience and buying during dips, noting that the best is yet to come in the sector. Timestamps: 00:00:00 – Introduction 00:01:04 – Christmas Rally Drivers 00:02:36 – Bull Market Fundamentals 00:04:44 – Fiat Currency Destruction 00:13:44 – Hyperinflation Proximity 00:15:41 – Central Bank Buying 00:19:55 – Gold Short-Term Outlook 00:23:50 – Crack-Up Boom Thesis 00:27:00 – Silver Price Targets 00:32:10 – Platinum Investment Case 00:35:44 – Tokenized Precious Metals 00:41:14 – Mining Stocks Opportunities 00:47:52 – Oil Sector Potential 00:51:34 – Concluding Thoughts Guest Links: Website: https://www.midastouch-consulting.com LinkedIn: https://www.linkedin.com/in/floriangrummes/ X: https://twitter.com/FlorianGrummes Substack: https://substack.com/@midastouchconsulting Seeking Alpha: https://seekingalpha.com/author/florian-grummes Telegram: https://t.me/MidasTouchConsulting Facebook: https://www.facebook.com/Midastouchconsulting Free Newsletter: http://eepurl.com/d5Euf Florian Grummes is an independent financial analyst, advisor, consultant, mentor, trader & investor as well as an international speaker with more than 30 years of experience in financial markets. Florian is the founder and managing director of his company Midas Touch Consulting, which is specialized in trading & investments as well as consulting, analysis & research with a focus on precious metals, commodities and digital assets. Via Midas Touch Consulting he is publishing daily and weekly gold, silver, bitcoin & cryptocurrency analysis for his numerous international readers. Florian is well known for combining technical, fundamental/macro and sentiment analysis into one often accurate conclusion about the markets.
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Peter Schiff: Just The Start of Decade-Long Bull Run in Gold, Silver and Miners
Stijn Schmitz welcomes Peter Schiff to the show. Peter Schiff is CEO of Euro Pacific Asset Management, and Chairman of Schiff Gold. The discussion centers on the current economic landscape, focusing on precious metals, monetary policy, and global economic shifts. Schiff argues that the Federal Reserve has effectively returned to quantitative easing by purchasing T-bills and expanding its balance sheet. He believes this signals a highly accommodative monetary policy that will continue to fuel inflation and prop up economic bubbles. The conversation highlights the ongoing transfer of wealth from the West to the East, with central banks in Eastern countries accumulating gold at unprecedented rates. Regarding precious metals, Schiff is bullish on both gold and silver. He predicts silver could reach $100 per ounce in the next year and believes the current bull market is still in its early stages. He emphasizes that investors should not wait for pullbacks but start building positions now, as the long-term trajectory for precious metals looks promising. The discussion also explores the broader economic challenges facing the United States, including unsustainable government debt, declining industrial capacity, and the potential loss of global reserve currency status. Schiff is critical of current economic policies, arguing that the country needs significant structural changes to address its fundamental economic weaknesses. On investment strategy, Schiff recommends a diversified approach that includes physical gold and silver, mining stocks, and international value stocks. Schiff’s outlook is cautiously optimistic about precious metals while remaining pessimistic about the U.S. economic trajectory. He believes the current trends will continue, with gold and silver serving as critical safe havens as global economic dynamics continue to shift. Guest Links: Podcast: https://schiffradio.com Website: https://schiffgold.com Website: https://europac.com X: https://x.com/peterschiff YouTube: https://youtube.com/@peterschiff Peter Schiff is an honorary chairman of SchiffGold, founder of Euro Pacific Asset Management, and host of The Peter Schiff Show. Peter is an economic forecaster and investment advisor influenced by the free-market Austrian School of economics. He is one of the few forecasters who accurately and publicly predicted the 2007 housing market collapse and subsequent 2008 financial crisis. His latest best-selling book, The Real Crash: America’s Coming Bankruptcy – How to Save Yourself and Your Country, warns that the 2008 crisis was just the prelude to a larger sovereign debt crisis in the United States that may lead to a collapse of the US dollar. Peter recommends long-term investment in foreign markets with sound fiscal policies, as well as global commodities including buying gold, silver and other physical precious metals.
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Lyn Alden: The Fourth Turning, ‘Structurally Long’ Hard Assets, Oil and Gas and the US Dollar
Stijn Schmitz welcomes Lyn Alden to the show. Lyn Alden is founder of Lyn Alden Investment Strategy. In this comprehensive interview, Alden discusses her “gradual print thesis” and the current macroeconomic landscape, focusing on fiscal dominance and potential long-term economic challenges facing developed countries, particularly the United States. Alden argues that the United States is entering a period of sustained fiscal challenges, characterized by large structural deficits and a complex monetary environment. She suggests the country is transitioning from monetary tightening to monetary loosening, with significant implications for asset allocation. Unlike emerging markets that experience rapid currency debasement, developed countries like the US have more flexibility due to global demand for their currency and extensive international financial infrastructure. Find Out More About Palisades Goldcorp, Canada’s Leading Junior Resource Investment Company:► Website: https://palisades.ca Palisade Radio Links:► Website & Newsletter: https://palisadesradio.ca► Rumble: https://rumble.com/c/c-1586024 The discussion explores historical parallels, particularly drawing comparisons to the 1940s-1970s period. Alden emphasizes that while direct comparisons are impossible, certain patterns emerge, such as the importance of owning hard assets during periods of monetary expansion. She recommends diversifying across scarce assets like equities, real estate, precious metals, and select commodities, while being cautious of overvalued investments. Demographic challenges play a crucial role in Alden’s analysis. She challenges the notion that aging populations are inherently deflationary, arguing that extensive entitlement systems and continued consumption by older populations can actually drive inflationary pressures. This perspective suggests a more complex economic landscape than traditional models predict. Regarding potential investment opportunities, Alden highlights regions like Japan, Latin America, and parts of Southeast Asia as potentially attractive. She’s particularly bullish on assets that are currently undervalued and have long-term potential, such as regional banks, Bitcoin, energy infrastructure, and select international markets. Ultimately, Alden views the current economic environment as part of a broader “fourth turning” cycle, characterized by increasing political volatility and structural economic challenges. She anticipates a gradual process of economic adjustment rather than a sudden, dramatic collapse, advising investors to remain diversified and adaptable. Timestamps:00:00:00 – Introduction00:00:47 – Gradual Print Thesis00:02:10 – Fiscal Dominance Explained00:04:20 – Outgrowing Debt Challenges00:07:42 – Inflation Spectrum Assets00:10:43 – Reshoring Industrial Base00:15:38 – Treasury Auction Risks00:17:10 – Debt Crisis Timeline00:20:18 – Fourth Turning Parallels00:22:10 – Demographic Inflation Pressures00:28:35 – Historical Debt Cycles00:31:02 – Portfolio Allocation Advice00:50:12 – Concluding Thoughts Guest Links:X: https://x.com/LynAldenContactWebsite: https://lynalden.comAmazon Book: https://tinyurl.com/lynaldenc Lyn Alden is editor and publisher of LynAlden.com, where she has both a subscription and a free financial newsletter. She says, “Her background lies at the intersection of engineering and finance.” Her site provides investment research and strategy, covering stocks, precious metals, international equities, and alternative investments, with a specialization in asset allocation. Whether you’re new to investing or experienced, there’s a lot there for you. Lyn has a bachelor’s degree in electrical engineering and a master’s degree in engineering management, focusing on engineering economics and financial modeling. She oversees the finances and day-to-day operations of an engineering facility. She has been performing investment research for over fifteen years in various public and private capacities. Her work has been editorially featured or cited on Business Insider, Marketwatch, Time’s Money Magazine, The Daily Telegraph, The Philadelphia Inquirer, The Street, CNBC, US News and World Report, Kiplinger, and The Huffington Post. She has also appeared on Real Vision, The Investor’s Podcast Network, The Rebel Capitalist Show, The Market Huddle, and many other podcasts. She is also a regular contributor to Seeking Alpha, FEDweek, and Elliot Wave Trader.
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Gary Savage: Gold’s Parabolic Rise to $10,000, Why $500 Silver is ‘likely’ & How This Bull Run Ends
Stijn Schmitz welcomes Gary Savage to the show. Gary Savage is Retired Entrepreneur, Investor, and President of Smart Money Tracker Premium. In this insightful interview, Savage provides a comprehensive analysis of the current precious metals market, focusing on gold and silver’s potential trajectory. Savage believes the gold market is currently in the second phase of a long-term bull market, which began around 2015. He emphasizes the importance of maintaining the “wall of worry” – a psychological state where investors remain cautious – to potentially extend the bull market’s duration. He suggests the market could continue for two to three more years if it avoids excessive optimism and maintains periodic corrections. Regarding potential price targets, Savage is remarkably bullish on gold, predicting it could reach $10,000, and potentially even $15,000 or $20,000. For silver, he anticipates reaching $100 by 2026, with potential for $250 and possibly $500 if market conditions remain favorable. He sees the gold-to-silver ratio as a key indicator of market tops, with a ratio between 20-30 suggesting a potential market peak. Savage’s investment strategy involves an 80/20 split, with 80% in physical gold and silver as a long-term insurance strategy, and 20% dedicated to leveraged trading during intermediate market cycles. Gary cautions against getting caught up in market narratives and emphasizes the importance of recognizing when an asset becomes overvalued. On broader economic trends, Savage discusses potential commodity supercycles, geopolitical conflict cycles, and the likelihood of continued central bank interventions. He remains cautiously optimistic about precious metals while acknowledging the potential for significant market volatility in the coming years. Timestamps: 00:00:00 – Introduction 00:01:08 – Gold Bull Market Phase 00:02:34 – Wall of Worry Dynamics 00:05:03 – Public Interest in Gold 00:08:35 – Fundamentals and Narratives 00:10:22 – Parabolic Phase Indicators 00:12:13 – Playing the Bull Market 00:14:24 – Avoiding Narrative Traps 00:17:31 – Silver Price Outlook 00:21:27 – Market Suppression Break 00:23:53 – Miners as Leverage Play 00:25:44 – Equities Long-Term Cycle 00:29:27 – War Cycles and Recession 00:33:28 – Commodity Supercycle Potential 00:36:01 – Concluding Thoughts Guest Links: X: https:/x.com/garysavage1 Blog: https://blog.smartmoneytrackerpremium.com/ YouTube: https://www.youtube.com/channel/UCgiNs7gCxEvgBE1HHvoOKTQ/videos Website: https://smartmoneytrackerpremium.com/login/ Gary Savage is a retired entrepreneur living in Las Vegas. He has been investing in stocks and commodities for 15+ years. Gary is a self-made multi-millionaire and attributes his financial success to savvy investments made in owning/selling several businesses, real estate, and, more recently, the stock market. He is also a national Judo, powerlifting, and Olympic weightlifting champion and world record holder. Gary holds national titles in 3 different sports and continues to challenge himself as an avid rock climber, and recently his newest endeavor bowling (two perfect 300 games so far). Gary’s renown as a recognized trading/investment expert in the areas of precious metals, stock market, oil, and currency markets is demonstrated by his numerous internationally published articles in these market areas: Kitco, 24hGold, Gold-Eagle, Investing, 321Gold, Keyport, SilverSeek, TFMetalsReport, FuturesMag, ResourceInvestor, Silver-Phoenix, BayStreetBlog, BeforeItsNews, ETFDailyNews, TalkMarkets, JuniorMiningAnalyst, MarketOracle.UK, SafeHaven, GoldSeek, Mining, CommodityOnline, SilverMarketNewsOnline, StreetWiseReports, and InvestingNews. Gary publishes the Smart Money Tracker, a daily and weekend market newsletter available online by subscription only, at a very modest price. This subscription-only site provides Gary’s in-depth daily commentary and chart analysis of numerous markets, including the stock, precious metals, oil, and currency markets.
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Adrian Day: ‘Wildly Bullish’ for Gold, Gold Miners, $200 Silver & Oil and Gas
Stijn Schmitz welcomes Adrian Day to the show. Adrian Day is CEO of Adrian Day Asset Management & Manager of EuroPacific Gold Fund. In this in-depth conversation about precious metals and commodities, Day provides a comprehensive analysis of the current gold and broader investment landscape. Day remains highly bullish on gold, arguing that all fundamental drivers supporting gold’s recent rise remain intact. He highlights central bank purchasing, currency debasement concerns, and potential future Federal Reserve policies as key factors. While acknowledging gold’s recent price movements, he believes the market is far from reaching its peak and anticipates significant potential for further appreciation. Discussing the generalist investor market, Day notes that North American investors have historically maintained low gold allocations, typically around 2%. He suggests that as economic conditions become more favorable—including lower interest rates, weakening dollar, and increased market volatility—more generalist investors may enter the gold market. Regarding commodities, Day provides nuanced insights into potential investment cycles. He cautions against broadly labeling current trends a “super-cycle” but believes most commodity complexes are undervalued relative to financial assets. He emphasizes the importance of differentiating between individual commodities and focusing on sectors with potential supply constraints, specifically highlighting copper, uranium, and oil as promising areas. Day also discusses gold mining stocks, arguing that despite recent price increases, many large mining companies remain attractively valued. He sees significant potential in mid-tier miners and believes valuations remain compelling, particularly as gold reserves are revalued at higher prices. On broader economic trends, Day discusses the gradual shift away from dollar dominance, noting that while the US dollar remains central to global trade, its proportion of global reserves and trade settlements is declining. He anticipates this trend could incrementally benefit gold as an alternative asset. Timestamps: 00:00:00 – Introduction 00:01:15 – Bullish Case for Gold 00:03:49 – Gold Pullback Analysis 00:09:57 – Generalist Investors Shift 00:16:18 – Currency Debasement Trade 00:19:31 – Remonetization Thesis Discussion 00:22:32 – Silver Price Surge Drivers 00:31:22 – Valuing Gold Miners 00:35:32 – Mid-Tier Miners Potential 00:38:02 – M&A and Financing Health 00:40:10 – Commodity Super-Cycle Tease 00:47:36 – Oil and Gas Dynamics 00:51:15 – Concluding Thoughts Guest Links: Website: https://adrianday.com/ Adrian Day is considered a pioneer in promoting the benefits of global investing in the United Kingdom. A native of London, after graduating with honors from the London School of Economics, Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also authored two books on the subject of global investing: International Investment Opportunities: How and Where to Invest Overseas Successfully and Investing Without Borders. His latest book, widely praised by readers, is Investing in Resources: How to Profit from the Outsized Potential and Avoid the Risks (Wiley, 2010). Mr. Day is a recognized authority in both global and resource investing. He is frequently interviewed by the press, domestically and abroad. He is a popular speaker and is frequently invited to lecture at financial conferences and seminars around the world. His pleasures include fine dining, reading (especially history), and the opera.
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