# He Called Gold’s Breakout – Now He’s Over 50% Cash & Not Ruling Out 80% Market Crash

Page: https://stenobird.com/podcast/the-real-story-with-michelle-makori-7658633/he-called-gold-s-breakout-now-he-s-over-50-cash-not-ruling-out-80-market-crash
Text version: https://stenobird.com/podcast/the-real-story-with-michelle-makori-7658633/he-called-gold-s-breakout-now-he-s-over-50-cash-not-ruling-out-80-market-crash.md
Podcast: [The Real Story with Michelle Makori](https://stenobird.com/podcast/the-real-story-with-michelle-makori-7658633)
Published: 2026-07-04T01:15:52+00:00
Episode link: https://podcasters.spotify.com/pod/show/the-good-podcast-co6/episodes/He-Called-Golds-Breakout--Now-Hes-Over-50-Cash--Not-Ruling-Out-80-Market-Crash-e3lkoji
Audio file: https://anchor.fm/s/10ddc838c/podcast/play/122363954/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-6-4%2F427326440-44100-2-7dfd4e4fd8443.mp3
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Duration seconds: 4230

## Resource

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: info@milesfranklin.com 🔗 Website:…

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