Coffee and a Mike Don Durrett #1262
Dec 5, 2025
Don Durrett, a seasoned mining stock analyst and founder of GoldStockData.com, delves into key market dynamics. He expresses skepticism about Arizona's construction boom, attributing it to location rather than true economic strength. Durrett warns of a looming downturn, comparing it to 2008 but with deeper implications. He highlights Nvidia's potential to drag down the S&P and predicts a significant rise in gold and silver prices. Durrett also explores the correlation between market downturns and precious metals, emphasizing his optimism for gold miners.
AI Snips
Chapters
Transcript
Episode notes
Construction Boom Masks Weak Consumer Demand
- Don Durrett argues Arizona's construction boom reflects location and low taxes, not a healthy economy.
- He warns consumer finances are weak and job growth is flat despite visible building activity.
Be Skeptical Of MMT As Inflation Rises
- Don Durrett defines Modern Monetary Theory (MMT) as printing money to avoid crises and says inflation breaks it.
- He advises skepticism of MMT because inflation undermines its tools.
Bond Market Is The Systemic Fulcrum
- Don Durrett calls the bond market the economy's fulcrum and warns failure to roll short-term debt will trigger collapse.
- He highlights reliance on foreign holders of US Treasuries as an acute vulnerability.