Technical Background That Gold Has Never Had Before

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by Craig Hemke, Sprott Money:

Watch Craig Hemke and Michael Oliver wrap up the volatile month of June in the precious metals market. From discussing price movements to analyzing market trends and offering insights into trading strategies, this episode covers it all. Topics Discussed:

  • Stock Market Bubble and Fed Reaction: Michael highlighted that the current stock market bubble, might break soon, and, when the bubbles break, and they always break, the Fed panics. The Fed has to pivot because addressing unemployment is one of its mandates. As a result, as soon as we see the stock market start to break, that’s going to yank the Fed back into its normal policy mode, because they’ll have to panic.

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  • Gold and Silver Market Trends: Oliver also discussed the ongoing bullish trend for gold, which started in early 2016. He noted that despite a recent plateau, gold’s long-term momentum remains strong, predicting a significant upward movement. Silver, which showed a deeper pullback, is also expected to rebound strongly.
  • Commercial Real Estate and Market Vulnerability: Oliver pointed out vulnerabilities in the commercial real estate sector, suggesting that any further decline could lead to broader market disruptions. He cautioned that if the commercial real estate market starts to decline and the banks follow, alarm bells will ring again, especially for the Federal Reserve.

Watch the full video below today!

 

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