Today we hear from Simon Hunt, one of the world’s foremost experts on the copper industry.
When Simon first appeared on this program back in March, he forecasted that extremely volatile times lay ahead that will be punctuated by fierce rallies & sharp declines — with the overall trend moving from stagflation to deflation.
This seems to indeed be the script playing out here in 2022.
He also told us that by 2025, Simon sees a good chance the massive pile of $trillions in global unserviceable debt will go into default, resulting in an immensely painful economic crisis.
Given that half a year has gone by, we thought we’d check in with Simon to see how his forecast is changing, if at all.