Episode
He Called Gold’s Breakout – Now He’s Over 50% Cash & Not Ruling Out 80% Market Crash
- Published
- Jul 4, 2026
- Duration seconds
- 4230
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Summary
Michelle Makori, President and Editor-in-Chief of Miles Franklin Media, speaks with Florian Grummes, Managing Director of Midas Touch Consulting, who says he is now more than 50% in cash as stocks look “overbought, overheated, and parabolic.” Grummes, who correctly called gold’s breakout from its multi-year cup-and-handle pattern, says gold remains in a secular bull market but could take more time before reaching new highs. He also warns that if the stock market faces a 2000-style crash, the pullback could be “50% to 80%” and “very painful.” Grummes explains why he sold all of his Bitcoin and crypto holdings, why he believes crypto winter may still end in a “bloodbath,” and when he expects triple-digit silver to return. In this episode of The Real Story with Michelle Makori: - Gold remains in a secular bull market, but the correction may not be over - Stocks are overbought, overheated, and vulnerable to a major pullback - Grummes says he is more than 50% in cash, his highest liquidity position ever - Bitcoin and crypto remain in a downtrend, with no real panic yet - Silver could return to triple digits, but Grummes says investors may need patience Follow Michelle Makori on X: https://x.com/MichelleMakori Follow Miles Franklin Media on X: https://x.com/MilesFranklinCo Follow Florian Grummes on X: https://x.com/FlorianGrummes You can sign up for our newsletter here: https://milesfranklin.com/sign-up/ 👍 Like, 🔔 Subscribe, and Stay Informed Join Miles Franklin Media for expert interviews, market insights, and real-time coverage of gold, silver, Bitcoin, and global economics. Hit the bell to get notified the moment new content drops – don’t miss a move in the markets. ___________________ Miles Franklin: 📞 Call us: 1-952-929-7006 📧 Email us: [email protected] 🔗 Website:…