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Gold and silver are making new highs, rate cuts are back, and markets still look calm. Economist Gary Shilling explains why that calm may be misleading, how debt, consumers, and AI excesses could shape the next downturn, and what he’s watching closely into 2026. #gold #silver #economy ------------ 👨💼 Guest: Dr. Gary Shilling, President 🏢 Company: A. Gary Shilling & Co.Inc. 🌎 https://www.agaryshilling.com/ 𝕏 @agaryshilling 📅 Recording date: December 22nd, 2025 ------------------- 📆 Save the Date 📆 DEUTSCHE GOLDMESSE May 15 & 16, 2026 in Frankfurt, Germany www.deutschegoldmesse.com FREE Registration for Investors! --------------------- 📰 Up-to-Date Commodity Prices & Commentary 📰 👉 Clear Commodity Network 👈 🌎 https://clearcommodity.net/ 🌎 ►► Follow Us! ◄◄ Twitter: / soarfinancial Website: http://www.soarfinancial.com/ Time Stamps (AI Generated) 00:00 Gold & Silver at Record Highs 01:15 Shilling’s Key Calls Revisited 03:30 Why Markets Ignore Economic Weakness 06:05 Consumer Debt & Economic Fragility 09:55 Is the Economy Truly “Goldilocks”? 13:05 The Debt Bomb Explained 15:40 AI Boom: Innovation or Bubble? 18:55 Fed Policy & QE Reality 21:05 Bond Market Signals 23:55 What Gold Is (and Isn’t) Telling Us 25:30 Consumer Spending Into 2026 29:40 2026 Outlook: Higher or Lower? *Disclaimer:* Some of the links presented might be affiliate links. We might receive a commission if a purchase is made using those links! Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary. Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi (short for conflict of interest). Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial’s content, each consumer of Soar Financial content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences. ##SoarFinancially #GaryShilling #MacroEconomics #USDebt #FederalReserve #InterestRates #BondMarket #GoldPrice #EconomicOutlook #RecessionRisk #Inflation #ConsumerSpending #AIInvesting #MarketCycles #2026Outlook