Florian Grummes: Severe 'Oil Price Shock' Coming, Bursting AI Bubble & Gold Miners

Grummes predicts a severe oil price shock by late summer or early autumn, driven by Middle East supply disruptions, critically low inventories, and a disconnect between paper and physical markets.

The guest argues the AI bubble is bursting and will drag broader equities lower, reinforcing his case for holding gold and silver as hedges against fiat currency debasement.

Gold miners remain undervalued but uncertain; Grummes favors quality names and notes the GDX (VanEck Gold Miners ETF) must break key resistance to confirm a sustained sector rally.