The Hyperbubble: Is the Next Crash Already Unfolding?

Silver’s sharp rise this week may be more than a market move — it could be a signal. In his latest video, Mike Maloney, best known for predicting the 2008 financial crash, says today’s economy is flashing red across every major sector. And this time, the warning signs go far beyond real estate. 

“Not a Bubble — a Hyperbubble” 

According to Mike, the U.S. housing and credit markets have gone far past typical “bubble” territory. 

“Do we have a housing bubble? No,” he says. “We’ve got a hyperbubble.” 

Insider data shows homebuilders are selling off their own stock — a move Mike interprets as a major red flag. “When the people building the homes are getting out of their own industry, that tells you they know what’s coming,” he warns. 

Banks, meanwhile, are quietly modifying loans and offering forbearance to mask the growing cracks. The real issue? If the real estate bubble pops, the banking sector could end up owning much of the country — again. 

The Data They Can’t Spin 

Unlike official government reports, Mike’s analysis leans on unmanipulated indicators — the kind of data that reflects real public behavior: 

• Google searches for “help with mortgage” have surpassed 2008 crisis levels. 

• Building permits have been falling steadily since late 2021 — historically a reliable recession signal. 

• The Cass Freight Index dropped 9.3% year-over-year, showing a dramatic slowdown in goods movement. 

• Late rent payments are skyrocketing in 2025, reversing last year’s downtrend. 

“These are real-world signs of strain,” Mike explains. “If the economy was truly booming, you wouldn’t see these numbers collapsing.” 

The Stock Market’s Dangerous Divergence 

Even as silver surges and gold holds near record highs, stock valuations are floating in what Mike calls “insanity territory.” 

The Schiller P/E ratio — a key measure of how overvalued stocks are — has topped 40 only twice in history: right before the Dot-Com Crash and just before the 2008 meltdown. 

“We’re coming off the highest peak in the roller coaster,” Mike says. “And you don’t know what’s coming next.” 

He also highlights another critical divergence: the Dow Jones Industrials are still rising while Dow Transports (the companies that move physical goods) are collapsing — a classic “non-confirmation” pattern that has preceded every major crash since the 1920s. 

Commercial Real Estate: The Hidden Fuse 

Perhaps the biggest threat of all lies in commercial real estate. 

In cities like Denver, vacancy rates have exploded to 36.8%, while office delinquencies have tripled the national average. Entire towers are selling for as little as 3% of their 2013 purchase price. 

“Banks have been hiding massive delinquencies through loan modifications,” Mike warns. “They’ve covered the fuse with sand — so no one sees it until it blows.” 

With office values collapsing and banks quietly extending bad loans, Mike argues that the next financial shock may not start in housing or tech — but in the skyscrapers at the heart of America’s biggest cities. 

The Smart Money Is Waiting 

Mike points out that Warren Buffett’s Berkshire Hathaway is sitting on a record $347 billion in cash, nearly 30% of total assets. “He’s on the sidelines,” Mike notes, “because he knows something big is coming.” 

So how can individual investors prepare? Mike’s advice echoes what he’s said for years: avoid debt, stay liquid, and own real money — gold and silver. 

“Gold is the money of kings,” he reminds viewers. “Silver is the money of gentlemen. Debt-based fiat currencies are the money of slaves.” 

As markets approach what he calls a “vicious correction,” Maloney believes those holding tangible assets will not only protect wealth — they’ll preserve freedom. 

Watch Mike’s Full Analysis 

If you want to see the charts, data, and insider signals for yourself, don’t miss Mike Maloney’s full breakdown: 

🎥 Watch the full video now → 

Investing in Physical Metals Made Easy

Open an Account

People Also Ask 

Is there a housing bubble in 2025? 

Mike Maloney says we’re beyond a bubble—it’s a “hyperbubble.” He cites real-world indicators like spiking searches for mortgage help and falling building permits as signs of stress. Watch Mike’s full breakdown for the charts and context. 

What’s happening to commercial real estate right now? 

Vacancies and delinquencies are surging in key cities, with some office towers selling for pennies on the dollar. Mike argues banks have masked problems via loan modifications and forbearance, but the “fuse” is lit. See the data in Mike’s new video. 

Which indicators suggest a recession is coming? 

Mike highlights building permits rolling over, a 9.3% YoY drop in the Cass Freight Index, and late rent payments spiking—all historically reliable warning signs. He also notes the Dow Theory non-confirmation and record margin debt. 

Are stocks overvalued compared to past cycles? 

Mike points to the Shiller P/E above 40, a level hit only around the Dot-Com peak and pre-2008 extremes. Combined with record margin debt, he warns the next correction could be “vicious.” Get the charts and his take in Mike’s latest video. 

How can investors prepare for a potential 2025 crash? 

Mike recommends education first: reduce leverage, understand your risks, and consider gold and silver as hedges against systemic shocks. Start with the full video and explore GoldSilver’s education hub to build a plan that fits your situation.