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    BRIAN HIRSCHMANN | Gold Miners Will Rise Even As S&P 500 Is Getting Crushed In Coming Beaar Market!



    BRIAN HIRSCHMANN | Gold Miners Will Rise Even As S&P 500 Is Getting Crushed In Coming Beaar Market!

    Description:
    Brian Hirschmann, Founder of Hirschmann Capital, joins the Metals and Miners pod on 3/26 and delivers one of the most powerful interviews on gold, sovereign debt, and why select gold mining stocks are set to explode even as the S&P 500 crashes. In this must-watch discussion, Brian explains:
    • Why this is the most dangerous time in U.S. financial history (triple bubble in stocks, real estate & bonds)
    • Why the 40-year era of government bailouts is over
    • Why gold portfolio allocations could push the gold price well above $8,000
    • Why TSX gold mine developers are trading at just 20% of intrinsic value and have 3x+ upside even if gold stays flat

    Timestamps:
    00:00 – Intro
    01:13 – The triple bubble + why bailouts are finished
    04:21 – Why gold plunged 20% despite war & inflation fears
    05:46 – Long-term gold thesis & portfolio allocation math
    10:23 – Was the gold drop just mechanical deleveraging?
    12:02 – Deutsche Bank on gold’s sensitivity to the USD
    15:49 – Has investor demand for gold changed since the war?
    19:05 – Current sentiment for gold & gold miners
    21:13 – Is gold in a consolidation zone before the next leg up?
    24:09 – Why debt pressure will only get worse
    25:37 – How higher oil prices affect gold miners
    28:20 – Next bear market: 2000-style or 2008-style?
    30:06 – Why gold miners should outperform in the coming crash
    33:01 – What triggers the sovereign debt crisis?
    37:18 – Will the Fed step in or stand aside?
    40:01 – Fiscal dominance & why the Fed loses control
    43:42 – Why Brian’s fund owns zero silver miners
    45:24 – Key takeaway

    Key Takeaways:
    • We are in the most dangerous financial period in U.S. history with three simultaneous bubbles.
    • The bailout era is over — the next recession likely triggers a sovereign debt crisis with high inflation and soaring rates.
    • Gold is still reasonably priced and could double if allocations simply return to 1980 levels.
    • TSX gold mine developers are trading at only 20% of intrinsic value — massive 3x+ upside even if gold stays flat.
    • Gold mining equities should rise sharply during the next bear market while the S&P 500 gets crushed.
    • Long-term investors in undervalued gold developers can “sleep peacefully.”

    Sound Bites
    1. “This is the most dangerous time in US financial history because it’s the first time any major economy has had three bubbles all at the same time — US equities, US real estate, and US bonds.”
    2. “In the next recession, instead of a bailout, we’re likely to have a government debt crisis with extremely high interest rates and very high inflation.”
    3. “If investors were to take their portfolio allocation back to what it was around 1980, then the gold price would roughly double from where it is now.”
    4. “Gold is the one asset that’s nobody’s liability.”
    5. “The Toronto Stock Exchange TSX Gold Mine Developers remain far more attractive than gold bullion or larger gold mining companies.”
    6. “At the start of the year, our portfolio was trading for only 20% of its present value of its intrinsic value at current gold prices… potential to more than triple.”
    7. “Gold mining equities should appreciate during the next bear market, even as the S&P 500 is getting crushed.”
    8. “I think the next crisis is actually gonna look more like 1980, where gold allocation soared and treasury bonds were crushed.”
    9. “Whatever the Fed tries to do, it won’t be able to solve the debt crisis.”
    10. “Long-term investors in undervalued gold mining equities can sleep peacefully.”

    Follow Brian Hirschmann:
    Website: https://www.hcapital.llc
    X: https://www.x.com/@HcapitalLLC

    Follow Metals and Miners:
    Substack: https://www.metalsandminers.substack.com
    Website: https://www.metalsandminers.com
    X: https://www.x.com/@GaryBohm5

    Leave a Comment:
    Do you expect gold miners to rise sharply, while the S&P 500 gets crushed, during the coming bear market? Leave a comment below!

    © Metals and Miners

    12 Comments

    4. @Kep79 on

      But you fail to talk about a coming market crash & financial currency reset, none of us has loved thru that plus the coming energy crisis & potential blackouts. Yall act like you have lived thru this. People listen to this & invest then could lose it all. Of it gets as bad as we think, owning stocks will be the last of your worries!!!!

    5. @I_Could_Be_Anyone on

      Way too many holes in the logic here. It is likely that at some point the US debt to GDP ratio becomes unbearable. The problem is that nobody knows where that point is.

    7. @attitude928 on

      Excellent presentation. My spin….the DXY and 10 yr rate have to come back down. Gold is in wave A of an ABC down. The gold and gold miners will subsequently rock, but will keep shorting the US and Japanese stock markets for up to 15 years.

    9. @cannabisisforgrowers-ef5do on

      Elon Musk wasn’t on his way to finding shit. He got access to the government databases he wanted, copied them and left. Mission accomplished. He and everyone else with half a brain knows 90+% of the budget is social security, Medicare, Medicaid, and defense which are all untouchable. Musk just fired short term people who lacked protections, wherever they were.

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