Simon Hunt thinks we are entering one of the most dangerous macro environments in decades. He expects a major US-Israeli military strike on Iran imminently, which will send oil prices well above $150. That oil shock lands on an economy that was already weakening, and the combination means stagflation at best, recession in much of the world by Q3. Simon himself is no longer trying to make a quick buck and he has started preserving wealth in energy, food, and gold. He’s sticking to his $38,000 gold target by 2032, sees a better entry point for copper miners later this year, and is bullish on filling a freezer and planting a vegetable garden.
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