The 80% Deflationary Crash: How The Next Wipeout Triggers 25% Inflation | David Hunter

Spot gold is described as holding just above $4,500/oz and silver at $75-76/oz, with Kitco’s guest David Hunter arguing the metal rally is entering a final parabolic phase that could extend to roughly Labor Day before a major reversal. Hunter’s call is aggressive: gold to $6,800/oz and silver to $180/oz in the melt-up scenario, with the driver being a late-cycle blow-off in risk assets rather than a traditional fundamentals-led metals move.