Thurston states that the U.S. market is at a historic high valuation, with low interest rates and monetary expansion driving up asset prices and increasing wealth inequality. The Buffett indicator and the Case-Shiller valuation are high, with the latter second only to this cycle in 150 years. Credit expansion benefits large financial institutions and asset holders, while ordinary people face higher inflation. Criticism of people like Wosh has led to a decline in precious metals, accusing the market of malicious suppression. U.S. debt has exceeded 120% of GDP, and the likelihood of a Volcker-style sharp rate hike is low. Tensions in the Middle East and the Strait of Hormuz have driven up energy and commodity prices, boosting demand for gold and silver.

MeNews

2026-05-27 04:20:40

Abstract generation in progress

ME News message, May 27 (UTC+8). BlockBeats News reports that Mark Thornton, a senior research fellow at the Ludwig von Mises Institute, said that the U.S. market is in a historically overvalued state. Long-term low interest rates and monetary expansion have pushed asset prices higher, leading to an uneven distribution of wealth. Thornton said that both the Buffett Indicator and the Case-Shiller valuation index are at elevated levels, and that the latter has only reached a higher level once in 150 years. He pointed out that economic growth driven by credit expansion benefits large financial institutions and asset holders, while ordinary consumers face higher inflation. Thornton criticized the nomination of Federal Reserve Chair Kevin Worsh, saying it triggered a decline in gold and silver prices, accusing the precious metals market of being deliberately suppressed, and casting doubt on whether major banks had advance knowledge of the news. In addition, since U.S. debt exceeds 120% of GDP, the likelihood of a major rate hike similar to the Volcker era is low. The situation in the Middle East and shipping issues in the Strait of Hormuz have also pushed up energy and commodity prices, strengthening market demand for assets such as gold and silver. (Source: MLion)

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GateUser-78aae297

· 4h ago

Big finance takes the meat, ordinary people still have to pay extra to drink the soup—this script is all too familiar.

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YieldYuki

· 6h ago

Vosh single-handedly dumps the market; this market manipulation is really slick.

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DaoBackbencher

· 10h ago

Maliciously suppressing precious metals—those who know, know. The U.S. dollar’s credibility game can’t be lost.

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L2Sidequester

· 10h ago

Buffett Indicator at a high level + Case-Shiller at a historic level—double buffs stacked to the max. Are you panicking?

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FoldedYield

· 10h ago

A Middle Eastern powder keg + the strait as a choke point—energy supply chains can go off the rails at any moment; betting on hard assets keeps you mentally at ease.

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GateUser-59fc535c

· 10h ago

The benefits of credit expansion have never gone to the workers; they are always the ones paying the price.

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SlowerThanBlock

· 10h ago

Low interest rates have inflated asset prices, directly widening the wealth gap—an old classic.

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FlamingoFacingJudgment

· 10h ago

Debt/GDP 120% Still dreaming of Volcker-style rate hikes? In dreams, anything is possible.

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StardustRouter

· 10h ago

These numbers from Sandton are really heartbreaking—it's the second highest in 150 years, and ordinary people truly can’t withstand inflation.

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Economist: Nominating Wosh is a "malicious suppression" of gold and silver, and the hawkish rate hike cycle is actually difficult to achieve

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