Silver is up 90% in 2025 — and the analyst who predicted the move now says the global financial system is facing risks worse than 1929.
This isn’t coming from a YouTube commentator or a crypto influencer. It’s coming from Bert Dohmen — the man who called the 1987 crash, the dot-com bust, and the 2008 meltdown.

And now, as silver’s vertical surge dominates headlines, Dohmen warns the real story is far darker: record margin debt, fake economic data, leverage everywhere, an AI bubble ready to detonate, and a flood of money rushing out of currencies into hard assets like gold and silver.

When an asset is already up nearly 90% and the smartest contrarian in the room says the crisis hasn’t even started… investors should pay attention.

Why Silver Exploded 90%: The Catch-Up Move No One Saw Coming

Silver’s historic run didn’t come out of nowhere. Dohmen explains this surge is the delayed correction to years of artificially suppressed pricing and ignored fundamentals.

Key Drivers Behind the 90% Spike

• Gold’s price became unaffordable for many buyers, pushing investors into “the poor man’s gold”: silver.

• Massive industrial demand from the AI and server-infrastructure boom.

• Technical breakout confirmed by high volume — something most analysts never even look at.

• A decade of underperformance created a coiled spring effect.

• A global rush out of depreciating currencies into tangible assets.

Dohmen says the CME futures outage on the day silver hit new highs was no coincidence.
In a market historically plagued by manipulation — proven in court, with major banks paying billions in fines — he argues silver is finally breaking through artificial ceilings.

“Systemic Risk Worse Than 1929”: Dohmen’s Warning

Bert Dohmen is not known for hyperbole. When he says today’s systemic risk is greater than 1929, he’s speaking from five decades of studying market behavior, credit cycles, volume patterns, and liquidity flows.

What’s Behind His Alarm?

• Margin debt at all-time highs

• Leveraged ETFs up to 5:1 – ticking time bombs

• AI stocks trading at P/E ratios of 300+

• A Federal Reserve claiming “tight money” while M2 hits record highs

• Record bank lending contradicting the Fed’s public narrative

• A global exodus from fiat currencies

The real cause of the market melt-up, he says, is simple:

“We’re seeing a worldwide rush away from currencies. The only real money is gold.”

When governments suppress interest rates, print aggressively, and intervene in markets, money doesn’t just vanish — it flees to anything real: stocks, commodities, land… and especially precious metals.

A Bubble Waiting to Burst: AI, Crypto, and the Leverage Machine

Dohmen calls this the most dangerous moment in decades because:

• High-frequency traders dominate short-term price action.

• Crypto’s 36% crash confirms it’s “digital nothingness,” not digital gold.

• Leveraged ETFs can go to zero on a routine 20% correction.

• People falsely believe they can “get out in time.”

He shares a stunning example:

A bullish AI-sector ETF dropped 67%, even though the underlying sector rose 23% — a mathematical trap most investors don’t understand.

“Leverage kills you. You can have the best investment in the world, but leverage destroys your position before it can pay off.”

Japan: The Canary in the Global Coal Mine

Dohmen agrees with analysts warning that Japan’s unwinding carry trade could trigger global contagion.

Key concerns:

• The Japanese government now owns over 70% of its own stock market via ETFs.

• Decades of zero rates fueled speculation and unsustainable asset inflation.

• A reversal could unwind globally, hitting U.S. markets hard.

Japan isn’t some isolated risk — it’s a preview of what happens when currency manipulation, debt addiction, and central-bank intervention hit the breaking point.

War, Geopolitics, and Leadership Vacuum

Dohmen echoes recent warnings from Elon Musk that war is “inevitable.”
He argues global leadership is at its weakest point in memory — a dangerous setup in a world already overloaded with debt and inflation.

From Ukraine to the Middle East to Venezuela, he sees a global war mentality emerging, driven by money, resources, and political survival.

Historically, war and currency crises go hand in hand — and both drive gold and silver demand sharply higher.

Gold, Silver, and the Flight From Fiat

Throughout the interview, Dohmen repeatedly returns to one theme:

“The only real money is gold.”

Whether discussing inflated P/E ratios, collapsing currencies, manipulated markets, or geopolitical chaos, he sees the same escape valve:

tangible assets with intrinsic value.

Why Precious Metals Are Surging

• Currencies are being intentionally devalued.

• Purchasing power is collapsing (a Dairy Queen cone once cost 5 cents; now $3.50+).

• Global investors are fleeing financial assets.

• Gold and silver cannot be printed, devalued, or counterfeited by policy.

And silver, in particular, still has room to run.

Would Dohmen Buy Silver Now? His Answer

At the end of the interview, Daniela asks the critical question:

Would you buy silver here?

His answer:

“If your goal is to preserve wealth… Yes.”

He warns against short-term thinking and emphasizes:

• Dollar cost averaging

• No leverage

• Long-term accumulation

• Education, not blind buying

He also believes platinum is undervalued — but warns its thin market is easily manipulated.

Gold & Silver Tie-In: The Long-Term Wealth Preservation Strategy

Dohmen’s perspective aligns with what seasoned precious metals experts have said for decades:

When currencies lose purchasing power, only tangible assets survive.

Gold and silver are:

• True wealth preservation tools

• Inflation hedges

• Uncorrelated to stock-market bubbles

• Resistant to leverage-driven wipeouts

• Stores of value during systemic risk

Whether it’s 1929, 1987, 2008, or 2025 — physical gold and silver remain the ultimate hedge when the financial system stretches beyond its limits.

When markets finally correct, the people holding real metal — not derivatives, not crypto, not leveraged ETFs — are the ones who emerge intact.

(Suggested image alt text: “Gold and silver coins as long-term wealth preservation assets”)

Conclusion

Silver’s 90% explosion in 2025 isn’t the end of the story — it’s the opening act.
Bert Dohmen’s warning of systemic risk worse than 1929 should not be dismissed lightly.

This is a moment when:

• Leverage is everywhere

• Currencies are weakening

• Markets are artificially inflated

• Geopolitical instability is rising

• Central banks are losing control of the narrative

Investors who ignore these signals risk repeating history’s most painful lessons.
Those who prepare — with tangible assets, education, and long-term strategies — position themselves to survive what comes next.

About ITM Trading

ITM Trading has over 28 years of experience helping clients safeguard their wealth through personalized strategies built on physical gold and silver. Our team of experts delivers research-backed guidance tailored to today’s economic threats.

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