Wall Street Silver, Released on 6/2/23
Chris Vermeulen, Chief Market Strategist at The Technical Traders, returns to the show, and we discuss the current state of the stock market and the potential impact of the debt ceiling deal on the economy. He emphasizes the importance of technical analysis over the following news and highlights the possibility of a stage four decline and financial reset in the market. Chris also shares insights into the performance of gold and silver, explaining how they have been affected by recent market dynamics. Furthermore, Chris discusses the role of precious metals as a defensive play and outlines the strategy used by The Technical Traders to profit from market movements.
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.