Sprott Money, Released on 6/4/25
Join Craig Hemke and Chris Vermeulen, The Technical Traders, in this month’s Precious Metals Projection podcast as they break down what lies ahead for gold, silver, and mining stocks. With the stock market rebounding in May after an April slump, could a summer rally be in play? Chris shares in-depth chart analysis and technical indicators suggesting major moves in the price of gold and silver, possibly pushing gold up to $3,750 and silver near $38. They also explore how falling dollar values, inflation data, and Fed decisions may shape the precious metals landscape. Whether you’re looking to buy gold, buy silver, or stay ahead of stock market trends, this episode delivers crucial insights to guide your investment strategy.
00:00 – Stock market recap
04:46 – Dollar index outlook
06:42 – Gold vs 2008 pattern
10:44 – Gold price target $3,750
13:36 – Silver technical breakout
15:56 – Silver price target $38
17:43 – GDX and GDXJ surge
20:11 – Mining stocks lead gold
22:27 – Stock index double top
Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and is the author of the book: 7 Steps to Win With Logic.
Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.