Natural Resource Stocks, Released on 5/22/24

In this engaging video, hosts Andy and Chris delve into the current trends in the silver and copper markets, analyzing recent price actions and potential future movements. Using technical analysis, including the Fibonacci extension and retracement techniques, they predict short-term pauses in silver’s climb, suggesting it may be a precursor to further gains. They consider the commodities market, particularly precious metals like gold and silver miners, as potentially thriving regardless of the stock market’s performance, hinting at their value as defensive plays. Additionally, they discuss the broader market cycles, suggesting a possible bear market phase for equities but a bullish outlook for precious metals and specific sectors like uranium and gold miners. Chris also shares insights on trading strategies and how to approach entry points in these volatile markets. The conversation wraps up with a look at copper’s explosive rally, comparing its trajectory to silver’s and discussing the implications of a crowded trade nearing its peak.

00:00 Market Predictions: The Launch Pad for Precious Metals
00:45 A Deep Dive into Silver’s Market Dynamics
02:44 Understanding Silver’s Price Action and Future Potential
03:57 Entry Strategies and the Parabolic Warning
05:36 The Broader Market Context and Precious Metals Outlook
11:28 Copper’s Parabolic Journey and Market Analysis
14:26 Final Thoughts and How to Stay Informed

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.

  Chris Vermeulen, commodities, copper, investing, silver