Miles Franklin Media

47-year market veteran Todd Bubba Horovitz warns of an impending 40-60% market correction driven by overvaluation, housing bubble dynamics similar to 2008, persistent inflation, and structural economic weakness masked by misleading employment data. He advocates for rate hikes despite debt concerns, recommends gold, silver, and Bitcoin as hedges, and expresses concern that America's founding principles of capitalism and free enterprise are being eroded by socialist policies and government overreach.

Florian Groommes, a precious metals analyst, discusses his cautious outlook on markets in mid-2024. He believes gold is in a healthy correction within a secular bull market, expects cryptocurrency to face further pain before recovery, and maintains a defensive position with over 50% cash while waiting for clearer market signals in September-October.

Tavi Costa argues that the US dollar is unsustainably strong and will weaken significantly over the next 3-5 years, with gold poised to reach multiples of current prices as central banks continue shifting reserves from treasuries to gold. He views the recent gold price decline as a buying opportunity within a long-term secular bull market, and recommends diversifying into precious metals, mining equities, and emerging markets rather than overvalued US stocks.

Peter Grandich, a veteran investor with 40+ years of experience, expresses deep concern about current economic conditions and warns of an impending market correction despite what he calls the "greatest melt-up of all time." He discusses Kevin Warsh's new Fed leadership approach, criticizes unprecedented debt levels, and recommends defensive positioning with emphasis on precious metals and reduced U.S. equity exposure.

Andy Schectman and Michelle Makori discuss the possibility of Trump announcing gold-backed U.S. Treasuries on July 4th, exploring how this could solve America's debt crisis while maintaining the dollar as a medium of exchange. They analyze the Genius Act, Fed policy changes under new Chair Kevin Walsh, and China's parallel financial infrastructure being built through gold accumulation and alternative payment systems like Embridge.

Miles Franklin hosts a live Q&A discussing precious metals market dynamics, delivery records on COMEX, geopolitical tensions affecting gold prices, and predictions for gold and silver by year-end 2026. Guests analyze the impact of the Iran peace deal, AI developments, and potential July 4th government announcements regarding gold-backed treasuries.

The transcript argues that silver prices have been artificially suppressed by paper-based futures markets dominated by Western institutions like COMEX and LBMA, but emerging Asian exchanges offering physical settlement—such as Singapore's ABX—could disrupt this system and cause significant price repricing as physical supply and demand gain influence.

Michael Oliver discusses momentum-based technical analysis indicating vulnerability in stock markets by Q3, potential major corrections in precious metals, and a potential $300-500 target for silver once it breaks free from its 50-year trading range. He argues that current weakness in gold and silver represents a cleansing correction within a larger bull trend, not a market top.