Gary Savage: "$10k Gold Will Be a Piece of Cake" w/ Tekoa Da Silva

In this video, Gary Savage, publisher of the Smart Money Tracker investing newsletter, joins Tekoa Da Silva to discuss potential red flags in the market, the concept of market crashes, and his outlook on precious metals. (pardon the mic sound quality guys, I will get that fixed)

Follow Gary Savage's work: https://x.com/garysavage1

Topic Timestamps:
Market Analysis and Red Flags: Gary Savage discusses potential red flags in the market, including a Dow theory sell signal, and a possible megaphone topping pattern [00:32].

The "Rubber Band" Theory: The concept of price stretching away from the long-term mean is explained, noting that the more it stretches, the more violent the regression event will be [02:31].

Market Fundamentals vs. The Fed: The video touches on how deteriorating market fundamentals are clashing with the Fed's attempts to fight it with money printing, which could lead to a cyclical bear market [04:23].

The Nature of Stock Market Crashes: A conversation on whether historical-style crashes are a thing of the past and the conditions necessary for a crash to occur, such as irrational buying and a market stretched far above the mean [06:43].

Investor Psychology: Savage explains how human emotions like greed and fear drive investor behavior at market tops and bottoms, making it difficult for people to buy low and sell high [09:45].

Gold and Silver Outlook: He draws parallels to the 1970s and discusses gold's breakout from a long base, predicting a price of $10,000 for gold and a significant rise for silver [15:23].

Geopolitical Events and Gold: The connection between geopolitical events, such as the war cycle, and their role as a driver for the gold and commodity bull market is explored [18:07].

Wealth Protection Strategy: For those looking to protect their wealth, the recommendation is to hold physical gold and silver to avoid panic selling during corrections [20:42].

The Smart Money Tracker Newsletter: Details about Gary Savage's newsletter, including its focus on precious metals, yearly subscription model, and how to subscribe, are provided [23:21].

Keywords:
Dow Theory sell signal secondary low market crash stock market market psychology investor psychology market tops market bottoms controlling greed fear in the market cyclical bear market secular bull market gold silver precious metals commodities cryptocurrency geopolitical events inflation cycle war cycle Gary Savage Tekoa Da Silva