Mark Thornton: The Most Overvalued Stock Market Since 1927? Why Gold Could Win Next

Is the U.S. stock market more overvalued than at any point in the last 150 years—except for 1927? Economist Mark Thornton, Senior Fellow at the Mises Institute, believes today's extreme valuations, rising leverage, and mounting fiscal pressures are creating the conditions for a major market reckoning. In this conversation with Maggie Lake, Thornton explains why he sees elevated risks for equities, why he believes gold and silver may have already found a bottom despite recent weakness, and how shifting interest rate expectations, a weakening dollar, and growing government deficits could trigger a powerful rotation into precious metals. He also shares his controversial view on the Federal Reserve's true priorities and what investors should watch as markets navigate an increasingly uncertain macro environment. 💡 To watch Maggie's full interview with Mark Thornton + more exclusive content, join Wealthion's Real Asset community at https://bit.ly/3ReXl9s 💡 If Mark Thornton is right that today's stock market is approaching historic valuation extremes while gold and silver are building a long-term bottom, now may be the time to consider adding precious metals to your portfolio. Learn how to hold physical gold or silver in an IRA here: https://bit.ly/4flcE8m 💡 Get Wealthion's Exclusive Hard Assets interviews from behind the scenes of the 2026 Rick Rule Symposium by signing up to be an accredited investor: https://bit.ly/4wqkmpn Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: Instagram: wealthionofficial LinkedIn: LinkedIn: wealthion #Wealthion #Wealth #Finance #Investing #PortfolioReview #InvestmentAdvice #FinancialPlanning #WealthManagement #StockMarket #Gold #Silver #MarketCrash #FederalReserve #InterestRates #Inflation #PreciousMetals #Macro #Economy #ValueInvesting #GoldMining #SilverMining ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields. While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor. We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so. The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.