Weldon’s recurring worldview is broadly bearish on fiat-led growth and bullish on hard assets as a strategic response.
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Greg Weldon is a long-time macro trader and publisher of the Global Macro Strategy Report, with a career identity rooted in commodities, futures, and cross-asset macro analysis. In the supplied material he consistently comes across as a data-driven trader who emphasizes reading the internals of CPI, retail sales, wages, debt, and market breadth rather than relying on headline narratives. He frames markets through long-cycle monetary and geopolitical lenses, and presents himself as someone who has spent decades in precious metals and macro trading.
Weldon’s recurring worldview is broadly bearish on fiat-led growth and bullish on hard assets as a strategic response. He repeatedly argues that the U.S. economy is trapped in a debt-and-liquidity regime where rising public and household debt, QE-era monetization, and weakening real incomes force more money creation just to sustain growth. He sees persistent service inflation, consumer stress, and declining real wage power as central risks, and he expects these pressures to feed tighter financial conditions, weaker equities, and a lower standard of living over time. Geopolitically, he treats resource competition, de-dollarization, and shifting trade alignments as structural forces supporting gold and, at times, silver. He also tends to view Bitcoin and gold as parallel store-of-value assets rather than rivals.
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