wahid on Nostr: David Hunter, famed contrarian market investor has been calling for a melt up. Here's ...
David Hunter, famed contrarian market investor has been calling for a melt up. Here's what it means for Bitcoin investors...
David's thesis is that we're coming to the end of an 80 year super cycle that will cause a melt up (very soon) and then a huge bust. He sees S&P 500 about 25% higher and Gold 20% higher. After the melt up, we bust and could see 40-50% declines or more. This bust will require $20T in new money (hello, FRED) which will lead to big inflation.
David is unknowingly a huge proponent of Bitcoin, he just doesn't follow it so doesn't realize it. David thinks you need to get your financial house in order (pay off debts, save) and sees commodity prices sky rockets in the decade ahead (HODL gold). What Bitcoiners know is that BTC is superior to gold or any commodity. Therefore, we can expect at least a similar rise in the value of BTC in US Dollar terms.
Do you think David Hunter will be right about the super cycle and emerging big inflation?
David's thesis is that we're coming to the end of an 80 year super cycle that will cause a melt up (very soon) and then a huge bust. He sees S&P 500 about 25% higher and Gold 20% higher. After the melt up, we bust and could see 40-50% declines or more. This bust will require $20T in new money (hello, FRED) which will lead to big inflation.
David is unknowingly a huge proponent of Bitcoin, he just doesn't follow it so doesn't realize it. David thinks you need to get your financial house in order (pay off debts, save) and sees commodity prices sky rockets in the decade ahead (HODL gold). What Bitcoiners know is that BTC is superior to gold or any commodity. Therefore, we can expect at least a similar rise in the value of BTC in US Dollar terms.
Do you think David Hunter will be right about the super cycle and emerging big inflation?