🚨 Gold Surges Past $3,530 as Fear Grips Global Markets
💣 “This Could Be the Worst We’ve Seen Since 1929,” says 49-Year Market Veteran
A Shocking Wake-Up Call for Investors
Bert Dohmen, a legendary market forecaster with nearly five decades of experience — and known for calling three major market crashes — has issued his most alarming warning yet:
“The current market is the most dangerously speculative I’ve ever seen. We are heading toward a fiasco of margin calls that could destroy investors. It could be worse than 1929.”
This is not your typical market correction. Dohmen believes the financial world is standing at the edge of an unprecedented crisis, and few are prepared for what’s coming.
🔥 Gold and Silver Surge on Safe-Haven Demand
As equities wobble, gold has exploded past $3,530/oz, with silver not far behind. Fear is driving global capital toward hard assets. Gold, long viewed as a barometer of panic, is flashing red.
📌 Key Factors Behind the Surge:
- Six straight months of contraction in the U.S. industrial economy
- Surging margin debt hitting a record $1 trillion
- Global distrust in fiat currencies and data manipulation
Pakistan’s local gold market is already feeling the pressure — with prices expected to break Rs. 400,000 per tola in the coming months, fueled by both global demand and the free-fall of the Pakistani Rupee.
💥 Margin Call Tsunami: “People Will Lose Everything”
According to Dohmen, the risk isn’t just inflation or interest rates — it’s leverage. The markets are drowning in debt, and the $1 trillion margin bubble could soon burst.
“When margin calls begin, people won’t be able to meet them. They’ll lose their investments, their homes — everything. It’s a repeat of 1987, but bigger and worse.”
He points out that over 50% of the companies in the Russell 2000 index have no earnings, yet are trading at sky-high valuations due to algorithmic and high-frequency trading (HFT) — systems that don’t care about fundamentals.
📉 “Bitcoin is Worth Zero,” Says Dohmen
In a brutal takedown of the crypto market, Dohmen claimed Bitcoin has “no intrinsic value” and likened it to the largest Ponzi schemes in history.
“Bernie Madoff had the biggest profits… until they found out he made no trades. That’s where the crypto market is heading.”
For Pakistani investors looking at crypto as a hedge, this warning could not be more timely.
🧨 Distrust in Economic Data: “BLS = Bureau of Lying Statistics”
Dohmen didn’t hold back on criticizing the U.S. government’s economic reporting, calling most statistics untrustworthy, even likening them to Chinese-style data manipulation.
“Don’t believe the jobs numbers. Don’t trust the inflation rate. Do your own thinking. Your brain has more power than theirs.”
This message hits home in developing economies like Pakistan, where transparency is also lacking and investors are often misled by sugar-coated narratives.
💡 Precious Metals Outlook: Short-Term Dip, Massive Long-Term Opportunity
Despite gold’s current rally, Dohmen believes that in the first phase of the crash, gold and silver could briefly fall — not because they’re weak, but because they’ll be liquidated to meet margin calls.
But in the second phase?
“That’s when the central banks start printing money again. That’s when you really want to own gold and silver.”
His forecast points to a massive long-term bull run, with the next top for gold projected in the year 2031, based on his 400-year economic cycle model.
🌍 Geopolitics: Return to Resource Wars?
Dohmen also warns that the world is re-entering a period of “tremendous wars” — a return to colonialism for resources. In this environment, paper assets lose value and tangible wealth — like gold — becomes the ultimate insurance.
🇵🇰 What This Means for Pakistan: Prepare for Rs. 400,000+ Gold
For Pakistan, the writing is already on the wall:
- Gold prices are rapidly approaching Rs. 370,000 per tola
- The Pakistani Rupee is weakening fast, recently crossing Rs. 290/USD
- Inflation, economic instability, and lack of investor confidence are rampant
If the global financial system cracks, Pakistanis holding gold will not just survive — they could thrive.
🟡 Final Take: Think for Yourself. Protect What Matters.
This isn’t the time to blindly trust financial institutions or follow the herd.
“Don’t believe any of it. Do your own thinking.”
— Bert Dohmen
As Pakistan’s economy faces uncertainty, gold and silver may once again become the backbone of financial security.
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