Milk Road Macro Why Silver Is Exploding as the Global Debt System Breaks w/ Francis Hunt
Dec 18, 2025
Francis Hunt, a seasoned trader and founder of The Market Sniper, dives deep into the shifts in financial landscapes. He highlights why sovereign debt is losing its appeal and discusses the implications of hyperstagflation. Hunt argues that gold is regaining its position as the ultimate reserve asset and makes a compelling case for silver, citing supply squeezes and industrial demand. He also critiques inflation metrics, raising concerns about rising volatility and its impact on investment strategies. A must-listen for anyone navigating today's financial complexities!
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End Of The Bond Reserve Era
- Francis Hunt argues 2020 marked the end of a 40-year bond bull market and the start of a reserve-asset reversal.
- He says sovereign debt now behaves like a volatile, unreliable reserve, driving a flight to monetary metals.
Six Nations Hitting 6% Yields
- Hunt forecasts a 'six by six' where six major Western nations' long-term yields hit ~5.75–6% around 2026–27.
- He links that outcome to deeper currency debasement and continued demand for precious metals.
1970s Gold Run Parallel
- Francis Hunt recounts the Vietnam-era run on dollars and Nixon's end of gold convertibility as a historical parallel.
- He uses that history to argue nations may again prefer physical metals over fiat reserves.