$200 SILVER This Year! Bottom Is Likely In | David Hunter
Liberty and Finance Jul 31, 2026
Summary
Hunter reads the recent gold and silver selloff as a classic sentiment washout, not the start of a bear market.
He expects a 2027 global financial bust to force the Fed into unprecedented QE, with the 10-year ultimately headed to zero.
Hunter praises Fed Chair Warsh for treating monetary policy as a portfolio manager — focused on trends, not single data points.
Even with AI and semiconductors correcting, the broader market has further to run as financials and small caps rotate into leadership.
Kevin Warsh's takeaways
- Top takeaway David Hunter praises Warsh as the 'perfect choice' for Fed chair, saying he speaks like a portfolio manager focused on trends rather than single data points
- Warsh favors letting markets determine rates and minimizes Fed communication, contrasting with the prior approach of reacting to monthly CPI and PPI prints
- Hunter frames Warsh as a supply-side thinker who rejects the Phillips curve trade-off, believing easy policy can coexist with price stability if productivity is strong
- Warsh surprised markets by holding rates steady on July 29, 2026 and even hinting at hikes, contrary to Trump's stated desire for lower rates
- Hunter expects Warsh's principles to be overridden by a future global bust that forces massive QE, potentially expanding the balance sheet from $6.7T toward $20-30T
Elijah K. Johnson's takeaways
- Top takeaway Elijah K. Johnson hosted the interview, framing questions around the July 29, 2026 Fed meeting outcome and Warsh's monetary policy stance
- Johnson closed the broadcast presenting Liberty and Finance weekly specials for gold and silver IRA-eligible products
David Hunter's takeaways
- Top takeaway Hunter targets gold at $7,000 and silver at $200 by end of 2026 and calls the recent precious metals sell-off the bottom after silver dipped under $55 nine trading days earlier
- Hunter sees a final melt-up phase ahead in equities with another 30-40%+ upside led by financials, materials, small caps and biotech before a 44-year secular top forms in 2026
- Hunter predicts a global bust worse than 2008-09 in 2027, with the Fed eventually forced to expand the balance sheet from $6.7T toward $20-30T and the 10-year yield falling toward 0%
- Hunter views the current equity correction as ordinary rotation out of overbought AI and semis (semis up roughly 4x in six months) into lagging groups, not a regime change
- Hunter holds long-term targets of $20,000 gold and $1,000 silver by 2032-33 and frames this year's highs as cyclical rather than secular