'Biggest bubble in human history' to collapse, this is how to find the market bottoms - David Hay

David Hay, Author of Bubble 3.0 and Partner at Evergreen Gavekal, discusses the anatomy of bubbles, how to identify a market bottom, and how he is positioning himself in this market. He spoke with David Lin, Anchor and Producer at Kitco News.
You can find David's Hay's substack here: haymaker.substack.com/
Follow David Lin on Twitter: @davidlin_TV ( / davidlin_tv )
Follow Kitco News on Twitter: @KitcoNewsNOW ( / kitconewsnow )
Follow David Hay on Twitter: @hay_bubble3 ( / hay_bubble3 )
0:00 - Intro
3:45 - Investment approach
5:11 - Bubble history and anatomy
11:08 - Volume and volatility
12:16 - Fundamental indicators of a bubble
13:42 - 'Biggest bubble in human history'
15:52 - Market timing
19:12 - Finding a bottom
22:32 - Monetary policy inflating assets
24:15 - Investment implications
#stocks #markets #investing
__________________________________________________________________
Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
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[@jayneweaver8695]

David Hay is an excellent guest I really learned a lot, he is very humble and unnecessarily so, every bit as great as other Kitco guests. Thanks for having him on!

[@seemev2.0phuckbootube78]

Yeah but he's talking about a rally right after the worse day in markets for the year. No rally anymore.

[@igitha..._]

"Confliggeration".....

[@kimlibenstein5843]

Qqq

[@gianfrancobergagna4024]

I never seen this man, i appreciate very much his integrity and his honesty, very clear and good content.

[@timothyoherlihy5391]

Mr Hay has done himself and Kitco justice :he has earned his place among the pantheon of the great who regularly appear on kitco. Thank you again David for your usual exemplary interviewing.

[@mechannel7046]

What's Mr. Hay's track record?

[@danaabadal1707]

Very enjoyable. David Hay, is a very well informed and pleasant person, and, David Lin, did a great job asking the right questions, at the right times, as well as showing his own deep knowledge of the markets.

[@dexearth2462]

Awesome chat! Very informative.Thank you, gentlemen!

[@joeysocks5718]

Great guest and interview. Thanks Kitco!

[@siuabc]

“Leading indicators are screaming recession”. Working for a financial company, we have hiring freeze, tightening budget, and everyone is just preparing for recession coming….

[@georgemavrides3434]

Freeze? Layoffs in tech are moving towards two digit numbers...

[@Pumpous88]

Another great interview and guest, much appreciated!

[@Nick_P_]

great interview - enjoyed the guest very much. Very good points and explanation. THanks David and David.

[@durianrambotan4180]

Great as always!!

[@hoytwood4937]

GOLD----ALL IN!

[@Adventureman6784]

Great stuff David.

[@gretatheotherone4686]

'David' is misspelled in the description! Excellent information, thank you!

[@POU-pubg]

Imagine missing the Amazon XE23rpl on-going presale, HODL STRONG the public sale about to explode

[@thepinkgrape]

Amazing interview!

[@KingKong-li2lg]

How amazing?

[@gh-dw3tg]

Bingo! 22:35 FED prevented the BOOM BUST cycle with a soft landing for upper class and a hard landing for the middle and lower class.

[@joannemeeks745]

I joined his Substack. Excellent work.

[@gabriels538]

It will blowup big time! Can't wait to see.

[@peterburke8650]

Thanks great interview I really enjoyed it. The only point I would argue is inflation..it’s not over yet it has years to play out.

[@hyunerbulbul6435]

AI44R20 actually looks awesome, i think i might even spend some of my tether on it!! thanks for the video

[@MrSeppZ]

Scam

[@ezequielamaya7351]

Scam

[@pavolbiskup9423]

Thank you. Very good interview. David you are very good host, I like you and appreciate your job 🙂🙂

[@Mikesniezek]

Very informative. Thanks

[@lwang5534]

Great interview and guest! Please bring David back again.

[@jedw9983]

Excellent. Great questions, sharp answers.

[@voidisyinyangvoidisyinyang885]

vid starts at 22 minutes

[@claybomb1064]

Oh yeah. That was weird

[@kristoskalemanis]

ty

[@jeffreygoss8109]

Smart guy in my opinion.

[@petere3391]

Great interview

[@jamesderoc6717]

excellent thank you David

[@kenolson9943]

Nice interview!

[@n8meade]

Great questions! Great interview! Thanks

[@estrangednetwork]

David you are EXCELLENT with your questions!

[@danbert7634]

Very interesting and accessible. Thanks

[@dixiebrick]

Interesting interview especially when asked about his asset allocation, his body language says it all.

[@siuabc]

Very humble and good analysis….

[@alexb8926]

that's all it is

[@user-99.99]

Excellent guest!

[@robwindridge7804]

Great interview David

[@JACk-hv7yf]

Great interview! Thanks

[@muzikazs423]

There is a reversal expected reason is that XE23rpl is made by Amazon and pretty hot

[@silviafarfan2523]

Great interview. Great guest. As always

[@thewanger]

awesome guest and interview

[@anttivuori8659]

Great guest. Thank you 👍

[@michellerenee1487]

I appreciate the mention of the Tether issue. Even though I’m a believer, not enough experts address this on a regular basis

[@davidjohnson2001]

Spot on about Debt!!

[@jimcalifwin3760]

Thank you. David is very solid .

[@rc2276]

Fantastic guest.

[@wojtekwozniak7165]

I'm sorry for my previous comment. I made a mistake. It's a great show

[@karlson68]

Great perspective when you have guests with many decades of experience who are not permabears or permabulls.

[@gregbaugh7640]

Thanks, always appreciate your content.. peace

[@christianborwick2170]

This is a great interview! It seems the real professionals in the financial industry are bearish for good reason and all the KZbinrs are the ones spreading hopium and bullishness. I know so I’d rather listen too.

[@danderson5084]

I've spent the last year watching vids from these experts talking about the imminent crash coming any day now. One day, one of them, will inevitably be right.

[@willieluncheonette5843]

yup, like a broken clock....right twice a day

[@mg-by7uu]

Better pray they're right otherwise it's going to be decades of stagflation or even worse hyperinflation

[@BigDog-cy4qk]

Yip....Shitco for a reason

[@oye1996]

When everyone is leaning towards a crash, shouldnt one be inverse?

[@bennwaters5851]

But deep down you yourself must know that this merry QE dance we are doing can’t go on forever!? We have to pay the price for kicking the can down the road and then deciding to lock everyone up!

[@gregbaugh7640]

agree totally with energy, it’s always going to be something everyone everywhere needs… always until the end

[@chirsbowman8041]

Great! guest, thank you

[@davidonewayticket3388]

I wanted to know his opinion on the housing market. Really smart guy.

[@AHHHHHHH162]

Good interview

[@louis20122]

Here we go again. Biggest bubble in history.

[@lb5358]

They're baaack

[@Onepunch00]

Ya Dubble Bubble😂

[@allancastillo3419]

Look at the WEF's recent videos. They're raising the debt ceiling

[@KingKong-li2lg]

Bubble Buttttt eruption

[@didierdenice7456]

My university major was Linguistics... and so I tend to pay a lot of attention to the wording people use. My university minor was World History and I have been studying it for over 45 years... because, yes, I'm old ! "The biggest (...) in human history" is an expresssion ONLY Americans use. Nobody else in the world use it ! And immediately I hear it I know for sure that they really don't know shit about History !

[@JamesBond-jj7dl]

Great guest!

[@tahmindeqiltaktikkazandrr9748]

AI44R20 is awesome. We now have it here in Australia too. Thank God for that.

[@MrSeppZ]

Scam

[@Positivevibes-ij7bp]

Excellent discussion.. I would like Kitco to discuss the repercussions on US financial market of de-dollarization initiative by BRICS. So please discuss GeoEconomics with an expert

[@stevem5580]

How does David have only 292 Twitter followers? Great guest David!

[@jimbellingham3572]

lol,....."Jimmy Carter putting solar panels on the Whitehouse"? I missed that one somehow!

[@demri123]

Smart guy . Good interview

[@norman8933]

hello David Lin......i have read that you are leaving Kitco to persue other adventures.......i just want you to know that you will be sadly missed by Subscribers such as myself........i totally enjoy watching when you interview anyone.......i wish you all the success in which ever endevour you are persuing............

[@GeorgeN678]

Where can I buy his book ? or find it at least

[@robertc801]

I wish I could work for a guy like this

[@MaZ-tg7ch]

Very good guest. Invite him again please

[@theflipside2709]

Good point about tether

[@victorreiss1913]

I knew that AI44R20 was ahead of the game, but my mind is officially blown

[@rjbproduced8001]

scam

[@adielstephenson2929]

It's confusing that the word popped is used both to describe a bubble bursting and a stock jumping in price.

[@crack1270]

I love to fearmonger too! Love the story!

[@zwatwashdc]

Do you see anything moving in the right direction? Seriously question.

[@mcgems754]

Please write all links for your guests 🙏

[@MrTraveler33]

You think in some way this will be like the Vietnam boom but have to have a three person household income bring in and a long slide out and not a 1920’s? Economy 1975 to 1987 pop and recession then new industry take off?

[@ScotchysExchange]

Is it true that Kitco News gets direct funding from Evergreen to have various members of that company on your youtube channel?

[@adtiamzon3663]

Good job, Michelle. 😍👏🏻👏🏻💐

[@BatmanBoss]

Kitco 👍

[@KurtGame809]

I think the focus should be on AI44R20 now. I try to buy it with USDT every week.

[@DeEindtijd]

scam

[@wallstreetbeef2489]

Great 👍 video

[@carrierembrandt]

He’s never invested in crypto but knows all about the Tether risk. Good for him for staying informed instead of outright rejecting crypto.

[@drcutburth29]

Excellent expose to stock market science.

[@johnrobi0]

Good. Let's get this party started.

[@gman7769]

I agree with the pink grape.

[@5fmuke535]

Market doesn't care, PPT always saves markets. Moon pump rocket 🌝🌝🌝🚀🚀🚀

[@kezibanozdogru2406]

I still think AI44R20 has a great future because it's owned by amazon. Also I don't hear anyone about DFI? Taking the biggest blow right now. From 5000 euros to 330.... will this still work out in the future? And since BTC will fall even further I think we haven't seen the bottom yet!

[@spenser6353]

if its owned by amazon its centralized. Crypto is about decentralization.

[@fumurph]

Scam post

[@iemjay]

@@spenser6353 FYI. Amazon has nothing to do with it. It’s a scam that says Amazon is behind to pretend it’s legitimate. The same goes for the hundreds of different names it goes by.

[@vincentmurphy9252]

Great points- this is not a bubble but gigantic bubble- also Cathy woods is a fricking joke

[@gieb6428]

So I missed it. How do we find the bottom??

[@robstrickland166]

you're sitting on it

[@Edmond1821]

That's right, an F-22 is not needed to pop this bubble, more like a toothpick.

[@jaylenbrownfan2112]

or a Terrier.

[@abdullahkurt618]

I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 100x on AI44R20 is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem.

[@DeEindtijd]

scam

[@barola5313]

I have invested on presale, we will see I am also very confident this will be easiest 100x.

[@Gutenmorgenside]

Was expecting s Scottish accent with a name like David Hay 🙂

[@sofiasmith6757]

Can you explane please LIBOR TO SOFR TRANSITION en junio 2023.

[@napimnapim8846]

Rumors were that Amazon would launch AI44R20 this month and judging from this it's pretty accurate haha

[@DeEindtijd]

scam

[@NoName-xf2nf]

Hey you any related to Tony Lin

[@saedal-tamimi6053]

I’ll give everyone a tip and am sure David agrees with it because they are his neighbor Symbol PCAR really a great company

[@justintyme7228]

louis vincent gave and david hay----among the best

[@Straffonn]

Fed reserve adjusts the monetary policy to compensate for the government's fiscal excesses.

[@TheSafkan]

It’s truly abuse, every man I know prefers their partner without makeup. But this pressure isn’t to be beautiful it’s to not even look human. And if bankers are looking at anything as an amazing “opportunity” you can guarantee it will be of absolutely no benefit to anyone except them.

[@dickritchie2596]

Is BRK-A a bubble? Would you buy shares of BRK-A at this price?

[@GEOPOLITICALANALYSIS]

All eyes on the debt market!

[@patrickpellerin3384]

Like Greg Mannarino said

[@GEOPOLITICALANALYSIS]

@@patrickpellerin3384 Absolutely! He's been warning us! MMRI TODAY WOW!

[@jaredhosford7867]

"Tethered will become untethered." - David Hay. ... Yes, someone finally said it! The rotten core of crypto! Did someone say Evergrande?

[@tedlessor3887]

😂😂😂 i was wondering if i was hearing things

[@MarkJensen-se8nn]

A +

[@timber-rider]

The 2008 bubble and resulting GFC was because of easing policy by Congress, encouraged by the Executive Branch. The crypto crash is because of massive regulatory overreach by bureaucracies, not Congress. Very different bubble popping.