GREG WELDON: Key Price Levels on Silver, Stagflation Coming Bigtime

In this week's Money Metals' Weekly Market Wrap, host Mike Meharry interviews renowned commodities trader Greg Weldon, who delivers a comprehensive analysis of the current state of precious metals, the global economy, and geopolitical risks. Weldon argues that the recent consolidation in gold and silver prices is a temporary pause before a major breakout, driven by the weakening dollar and the growing likelihood of stagflation. He highlights alarming labor market data—2.4 million people have dropped out of the workforce over the past year, pushing the U.S. labor participation rate to its lowest since 1977—and warns that the real unemployment rate would be 5.6% if discouraged workers were counted. He ties this to a broader economic crisis, where inflation remains entrenched in services, consumer spending is under strain, and credit card debt is nearing saturation. Weldon also discusses the geopolitical catalysts, including the war with Iran and the shifting dynamics in Taiwan, which he sees as accelerating the decline of the U.S. dollar and the rise of the Chinese renminbi. He predicts a significant move in gold and silver, with silver needing to break above $92 to confirm a new bull leg, and emphasizes the importance of physical metals and alternative assets like water ETFs and crypto in a world of systemic risk. Weldon’s insights are grounded in decades of market experience, psychological discipline, and a macro view that transcends headlines. He critiques the disconnect between the stock market’s record highs and the deteriorating fundamentals of the real economy, attributing it to AI-driven narratives and a media ecosystem that benefits from perpetual market optimism. He also shares a personal anecdote about receiving silver bars from his father as a teenager, underscoring the lasting impact of early exposure to precious metals. The episode concludes with a call to action for listeners to access Weldon’s free daily global macro strategy report and explore his managed accounts, while reinforcing Money Metals’ mission to provide independent, data-driven financial intelligence in an era of hidden risks and systemic fragility.