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

Is the final parabolic melt-up finally here? David Hunter, Chief Macro Strategist at Contrarian Macro Advisors, joins Jeremy Szafron to break down the mechanics of the market's "final blow-off" and the 80% deflationary bust he predicts will follow. As the S&P 500 pushes into record territory, Hunter explains why he believes we could see the market top as early as Labor Day. In this deep dive, we examine the hidden leverage in private equity, the potential for a $20 trillion Fed bailout, and why incoming Fed Chair Kevin Warsh is facing an "inflation bind" created by the AI infrastructure boom. Is your portfolio ready for the 80% wipeout—and the 25% inflation that Hunter expects to follow in the 2030s? Watch until the end for Hunter’s exact exit signal to watch before this 44-year bull market ends. Recorded May 20 2026 Follow Jeremy Szafron on X: @JeremySzafron (  / jeremyszafron  ) Follow Kitco News on X: @KitcoNewsNOW (  / kitconewsnow  ) Follow David Hunter on X: @DaveHcontrarian (  / davehcontrarian  ) 0:00 - The Parabolic Melt-Up Timeline 3:00 - Where is the Monetary Fuel? 5:00 - $2 Trillion Deficits vs. Deflationary Bust 7:30 - Identifying Market Cracks (Private Equity/Credit) 9:30 - Gold and Silver Cycle Targets ($6,800 / $180) 15:00 - Precious Metals: Physical vs. ETFs 19:00 - Central Bank Gold Accumulation 23:30 - Industrial Silver: Substitution & Demand Destruction 25:00 - The Bond Maturity Wall & Inflation 33:00 - Where does the 80% bust start? (Offshore triggers) 43:00 - Mining Sector: The Next Dot-Com Bubble? 53:00 - The Accountability Check: What proves this wrong? 55:30 - The Exact Exit Signal to Watch #DavidHunter #StockMarketCrash #Gold #Silver #Investing #MacroEconomics #KitcoNews #Fed #Nvidia #Inflation #MarketMeltup __________________________________________________________________ Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US: X: https://x.com/kitconewsnow Instagram:   / kitconews   Facebook:   / kitconews   LinkedIn:   / kitconews   Listen to the PODCAST on 🎧 Spotify: https://open.spotify.com/show/1My4Wgt... 🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast... 🎧 All podcast episodes available here → https://kitconews.buzzsprout.com Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights. Live gold price and chart: https://www.kitco.com/charts/gold Live silver price and chart: https://www.kitco.com/charts/silver Live crypto market data: https://www.kitco.com/price/crypto Learn more about Kitco News: https://www.kitco.com/news/about/ For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: https://www.kitco.com/advertising Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.