The Julia La Roche Show · Thursday, October 1, 2026
Dr. Mark Thornton advises individuals to protect themselves from potential hyperinflation by investing in hard assets like precious metals, commodities, and energy stocks. He contrasts this with the low expected returns of financial assets like the S&P 500 over the next decade, suggesting that real assets are better positioned to outperform due to current economic policies and inflationary pressures.
“Yes. Of course, you want to be out of short term debt, mortgages, tax advantaged, inflation advantaged debt is OK, but not short term credit card debt because those rates are really high. And so hard assets really is the name of the game.”
“It's precious metals is the most obvious thing. I mean, it's very difficult for any individual to actually store a ton of copper or a ton of nickel. But you can own stocks in stocks. in those materials and raw materials and commodity companies and commodity stocks have underperformed the stock indexes.”
“The expected return on the s p 500 is close to zero over the next 10 years because much higher than the long-run historical average. The opposite is true of commodities, precious metals, oil, and energy-related stocks.”