Simon Hunt: Markets, Bonds, and Currencies are Heading for a Last Hurrah as the Risk of War Grows

Palisades Gold Radio

Tom Bodrovics welcomes back consultant Simon Hunt to delve into the distinctions between Western-oriented and impartial perspectives in global analysis. Their conversation evolves around the potential threats to the West's global supremacy from the BRICS collective, spearheaded by China and Russia. This power transition could result in a loss of control over events and even the likelihood of war should diplomacy falter. The discussion also encompasses America's historic aim to fragment Russia, recent geopolitical strains, and potential clashes in Israel and Iran. Simon discusses the ongoing geopolitical stressors and their consequences for financial markets. Their discourse centers around the US-Russia confrontation, the influence of the deep state or neoconservatives on foreign policy, and the ramifications for oil prices, copper markets, and US equities and bonds. Simon posits that Russia's reaction to Western antagonisms will be restrained but impactful, potentially triggering a substantial increase in inflation and a readjustment of monetary policy. The conversation also explores the potential repercussions of crises in Ukraine and the Middle East on the global economy. Mr. Hunt discusses the motivations behind central banks and nations, specifically China, amassing vast quantities of gold as a safeguard against prospective currency devaluation and financial instability. He also voices his opinions on China's housing market collapse being an intended move by the government to lessen local governments' indebtedness and establish a foundation for future centralized fiscal and monetary policies if war occurs. Simon proposes that China is preparing for potential economic difficulties while maintaining a prudent stance in its fiscal and monetary policy. Simon explores various economic matters, such as demographic problems in both the US and China, the legitimacy of economic statistics, and his views on market trends over the next few years. He suggests that the US economy might be experiencing a recession based on authentic data like deflated retail sales and employment numbers, true inflation rates, and genuine unemployment figures, which he believes are more precise indicators of economic activity than formal GDP or CPI numbers. Simon asserts that numerous countries, including the US and much of Europe, are either in a recession or heading towards one. He also expresses apprehension over governments manipulating information and the increasing mistrust among people due to heightened awareness. In terms of market predictions, Simon anticipates a steep decline in global equity markets and base metals by early next year, followed by inflation and a surge in long-term interest rates, culminating in a collapse of the financial system by 2028. Time Stamp References:0:00 - Introduction0:45 - Thought West Vs. East4:22 - Provoking Russia10:16 - Israel & Middle East16:08 - Incentives & Sensibility19:17 - Risks with Russia21:55 - Market Outlook Long-Term28:44 - C.B./Smart Money Exiting30:30 - China Use For Gold33:34 - China - Housing Sector37:50 - U.S. Demographic Issues39:37 - Metrics & Fudgification45:07 - Six Month Market Outlook46:54 - Wrap Up Talking Points From This Episode The BRICS group, led by China and Russia, poses a significant challenge to the West's global dominance, potentially leading to diplomatic clashes or even war. Central banks, particularly China, are amassing gold as a hedge against currency devaluation and economic instability. Simon Hunt anticipates a steep decline in global equity markets and base metals, followed by inflation and a surge in long-term interest rates. Guest Links:Email: [e-mail]: https://simon-hunt.com/ Simon Hunt began his career in 1956 in Central Africa as a PA to the Chairman of Rhodesian Selection Trust, one of the two large copper companies in what was then Northern Rhodesia, now Zambia. In 1961,