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

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 patienceFollow 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/FlorianGrummesYou can sign up for our newsletter here: https://milesfranklin.com/sign-up/👍 Like, 🔔 Subscribe, and Stay InformedJoin 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: https://milesfranklin.com/▶️ YouTube: https://www.youtube.com/@MilesFranklinMedia 📱 X: https://x.com/MilesFranklinCo 📸 Instagram: https://www.instagram.com/milesfranklinmedia/ 💼 LinkedIn: https://www.linkedin.com/company/miles-franklin-media/ 📘 Facebook: http://fb.com/MilesFranklinCo 📩 For media inquiries, contact: [email protected]📺 About Miles Franklin MediaJoin Miles Franklin Media for unfiltered financial and economic news and insights. Through expert interviews and real market intelligence, we cut through the noise and challenge the mainstream narrative. Anchored in the principles of sound money, we uncover the truth about money, markets, macroeconomics, geopolitics, and power – delivering credible insights to help you protect your wealth, future, and freedom.🏦 About Miles FranklinMiles Franklin is a trusted leader in wealth preservation, with over $12 billion in precious metals sales since 1989. Specializing in gold and silver, we help clients safeguard their wealth with real assets that stand the test of time.___________________Disclaimer: The views and opinions expressed in this video are those of the individual speakers and do not necessarily reflect the views of Miles Franklin Precious Metals, its affiliates, owners, anchors, producers or hosts. This content is provided for informational and educational purposes only and is not intended as financial, legal, or investment advice. Nothing said in this video should be construed as a recommendation to buy or sell any financial asset. You should always consult with a qualified financial advisor, legal professional, or tax expert before making any investment decisions. Investing involves risk, including the potential loss of principal.By watching this video, you agree that neither the hosts, guests, nor Miles Franklin Media are responsible for any investment decisions you make based on the information presented. Use of this content is at your own risk.