David Collum says stocks are 100% overvalued and will fall significantly…
There are many metastable situations in the economy that can’t survive for much longer. For instance, the stock market has the appearance of stability, but is just waiting to crash.
The hedge for a little inflation is usually stocks. The hedge for a lot of inflation is usually gold. If there is a loss of dominance for the Dollar, then gold will become relevant again.
U.S. government debt is growing to fast. “We are heading for an insolvable problem where the growth of what we owe is simply outstripping our ability to keep up.”
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.