Peak Prosperity Welcome to the Crack Up Boom?
Jan 16, 2026
Paul Kiker, a seasoned wealth manager and founder of Kiker Wealth Management, returns to discuss the potential for a crack-up boom amid record market highs. He dives into the dynamics of soaring metals and the risks in global financial systems, especially concerning Japan's yield spikes. The conversation also highlights the growing distress among employed Americans and the wealth concentration following the GFC. Kiker urges a shift towards adaptive investment strategies, emphasizing the importance of metals and commodities in today's turbulent market.
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Synchronized Record Highs Hint At A Crack-Up Boom
- Multiple major asset classes (stocks, metals, housing, commodities) are hitting record highs simultaneously.
- Chris and Paul suggest this may signal a crack-up boom driven by fiat debasement and global money growth.
Capital Shifting From Paper To Real Assets
- Gold and silver outperformed equities early in the year, and commodities and emerging markets are also leading.
- Paul reads this as capital fleeing paper money into real assets and income-producing assets.
Rising Stocks Despite Weak Local Economies
- Global equity indices are rising even where local economies struggle (e.g., Germany, Japan).
- That suggests investors prefer equities over local bonds and currencies amid distrust of sovereign paper.