By Greg Hunter’s USAWatchdog.com - October 22, 2025

Steve Quayle is back with a global economic warning. So many things are going haywire, it appears the world is going into economic convulsions. Quayle has coined the term “Convulsonomics” to describe what we are facing. Let’s start with the exploding record high gold and silver prices that have just sold off dramatically. Quayle, who has sold precious metals for four decades, is not worried and explains, “This is one of the most extreme movements in gold and silver. I want people to understand something; it is normal for a pullback when a market has gotten so hot. Gold is down $230 an ounce, but people forget it went up $100 every other day for over a week. Silver is the same, and silver is in extreme short supply. . .. The London Bullion Metals Exchange is delivering to people who want physical delivery, who have bought silver on paper and now they want the real metal. . .. This is going to be the biggest silver short squeeze in the world. Weeks ago, I said I would not be surprised if we see $100 to $200 down moves in gold and $200 and $300 moves up. It’s going to be slingshoting up and down or a yo-yo effect. . .. The media does not tell you the truth about gold. They just say this was the greatest sell-off in history.” . . .

[SNIP]

There is much more in the 61-minute interview.