Economic collapse and inflation

I’ve been seeing a lot of mixed bag of ideas around on social media. 1. Being we are on the brink of global collapse. 2. Is bulls think stocks are headed much higher. Powell speaks 11/30 and against 12/14 I’m curious if they ramp interest rates higher then expected to stop the current “bull run” what’s everyone’s thoughts? I’ve lightened my Paper portfolio and took physical silver and gold positions to embrace the uncertainty.