Phillip Magness Predictions

Economic Historian, David Theochair Chair in Political Economy at the Interbenon Institute

Track Phillip Magness's public market predictions and forecast accuracy. Each prediction is recorded from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.

2 forecasts 2 pending
  • Rankings only reflect predictions tracked on this site and do not represent a predictor's full record.
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2 forecasts
Person Subject Forecast* Source Date Deadline** Outcome
Phillip Magness US National Debt The US national debt will reach $40 trillion imminently
See quote
[25:16] We're right on the verge of $40 trillion as the US national debt. And this is a grown succession of a century or more of bad financial decisions by the federal government of it outspending what it brings in in tax revenue.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Kitco NEWS 2026-08-03 2026-12-31 pending
Phillip Magness Gold Gold will continue to hold or increase its value relative to the dollar as currency debasement continues
See quote
[33:08] whenever there are accounting gimmicks or games or attempts to revalue a currency and do so in such a way that maintains a certain face value while diminishing the precious metal content... people start holding the old coins and then the new coins are basically trash... this is just a roundabout way of saying that the private sector individual participants in it are often wiser than the central bank and the politicians that are trying to pull the wool over their eyes.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

Kitco NEWS 2026-08-03 2027-08-03 pending