Silver Suppression, Oil at a Tipping Point, and Why Gold’s Next Major Move Is Building

In my recent interview on Palisades Gold Radio with Stijn Schmitz, we focused on what I believe is one of the most important moments investors have faced in recent years. Precious metals have just gone through a textbook volatility cycle, a powerful rally in gold and silver followed by a sharp correction that caught many off guard. From a long term perspective, the trend in metals still looks constructive. But in the short term, we are in what I call “no man’s land.” Momentum has cooled, sentiment has shifted, and the charts are not yet confirming the next directional move. This is the phase where metals either build a proper base and launch again, or roll over into a deeper pullback to reset the structure. At the same time, I remain constructive on the US dollar and see the potential for a rally, which would naturally apply pressure to gold. Currency movement is a critical piece of the puzzle that many investors overlook.

Equities are equally fragile right now. The S&P 500 is clinging to its uptrend by a thread, while the Nasdaq is showing early signs of potential breakdown. I am also watching capital flows, and what I see is money rotating quietly into defensive sectors like utilities and consumer staples. That tells me institutions are cautious. My approach is not to predict tops or bottoms but to follow price and respect trend shifts. At the moment, I am holding roughly 70 percent in cash, waiting for the market to tip its hand. Oil, copper, and uranium are showing similar consolidation patterns, suggesting that a broader move is building across asset classes. When markets compress like this, a significant expansion usually follows. Until the charts confirm direction, patience and capital preservation remain the priority.

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The topics John and I discussed include:

• 00:00:00 – Introduction
• 00:00:53 – Precious Metals Volatility Drivers
• 00:02:42 – Sector Upside Potential
• 00:05:42 – Technical Trading Philosophy
• 00:08:34 – 2007 Market Comparison
• 00:10:11 – Silver Leverage Play
• 00:14:03 – Fiat and Manipulation Concerns
• 00:16:32 – US Dollar Outlook
• 00:20:32 – Equities Market Trends
• 00:24:08 – Miners Lagging Analysis
• 00:25:49 – Oil Prices Update
• 00:29:25 – Copper Uranium Rundown
• 00:30:44 – Technical Traders Service
• 00:31:51 – Concluding Thoughts

Chris Vermeulen
Chief Investment Officer
TheTechnicalTraders.com

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