
WTFinance S&P to 9500 before Biggest Financial Crisis in History with David Hunter
Dec 6, 2025
Joining the conversation is David Hunter, Chief Macro Strategist at Contrarian Macro Advisors, known for his bold investment forecasts. He outlines his ambitious S&P 9500 target and predicts a year-end rally, tempered by a brief pullback. Hunter highlights his bullish stance on precious metals, especially silver, and discusses sector leadership in the tech and financial industries. He provides a contrarian take on bonds, anticipating a rally despite looming economic busts. His key takeaway? Brace for a market surge followed by a significant downturn.
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Use Miner ETFs To Amplify Metal Exposure
- Consider exposure to gold and silver miner ETFs as they can amplify metal moves.
- Hunter raised GDX to 120, GDXJ to 170, SIL to 150 and SILJ to 60 as pre-bust targets.
Metals May Fall In Bust But Lead Next Cycle
- Even metals and miners may suffer in the subsequent bust but will lead the next cycle.
- Hunter forecasts very large long-term metal targets: gold $20,000 and silver $500 in the next cycle.
Tech Still Leads Into The Top
- Current leadership (tech, semiconductors, MAG-7) should continue into the top, with small caps later leading.
- Financials, industrials and materials also look poised to run into the final leg.

