This Bull Market Is Crashing… And No One Is Talking about It

Oct 8, 2025

Doug Agrin, a seasoned investment expert, explores the current bull market dynamics that many are overlooking. He discusses the lasting impact of the government shutdown on market trends and highlights the ongoing surge in precious metals like gold and silver. Doug also critiques the dangers of misinterpreting data, urging critical evaluation in finance. He warns about private equity's overleveraging and the risks it poses to businesses and communities, cautioning against short-term gains at the expense of long-term stability.

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INSIGHT

Undetected Precious Metals Bull Run

Gold, silver, and mining stocks are in a powerful but undercovered bull market right now.
Kirk Chisholm says few investors notice this, which means more room to run.

ADVICE

Question Data-Driven Conclusions

Treat data as correlation, not unquestionable truth, and scrutinize conclusions.
Question narratives and avoid accepting a single study's 'important conclusion' without checking confounders.

INSIGHT

Use 'All Data Is Fake' As A Filter

Use the mental model 'all data is fake' to sharpen critical thinking, not to discard data.
Treat data as a tool for forming tentative hypotheses, open to refutation.

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This bull market is crashing and no one is talking about it! We kick off the fourth quarter by talking about how the government shut down has impacted the market. Precious metals—particularly gold, silver, and mining stocks—continue to surge in a largely overlooked bull market.

We also critique flawed data interpretations and talk the dangers of drawing false conclusions and the importance of treating data as correlation, not truth. We urge you to think critically about information in both science and finance.

We discuss...

Markets have largely ignored the government shutdown, even moving higher despite it.
Gold, silver, and mining stocks are in a powerful bull market that most investors are overlooking.
Data shows correlation, not truth, and conclusions must be questioned.
Investors should focus on price action and risk management, not the “why” behind moves.
Private equity firms are overleveraged, with declining returns and cash flow–negative companies.
While some private equity opportunities may exist, most are poor deals for average investors.
Examples like JoAnn Fabrics and Red Lobster are cited as once-strong businesses destroyed by debt-heavy private equity ownership.
Public backlash is growing as stories emerge of private equity “ruining” local businesses, hospitals, and jobs.
The Big Ten Conference is reportedly exploring selling part of its media rights to private equity for short-term funding.
Private investors could demand control over athletic or academic decisions, clashing with university missions.
A lack of ethical grounding and values fuels these destructive financial practices.
Many societal problems stem from short-term greed and moral decay rather than lack of opportunity.
They review sector strength, noting broad participation and strong 52-week highs as signs of market health.
Market breadth is strong, showing that many stocks—not just the “Magnificent 7”—are participating in gains.
A “bull market behavior checklist” shows most indicators remain positive, suggesting momentum continues.
Seasonal charts show typical market strength in early and late-year periods, but be cautious against overreliance on averages.
They warn investors to be cautious even in strong markets, as low defensive positioning can precede pullbacks.
Wealth preservation depends not just on building assets but structuring them to last.

For more information, visit the show notes at https://moneytreepodcast.com/this-bull-market-is-crashing