Sprott Money, Released on 4/7/25 (Recorded on 4/4/25)
April 2025 is off to a wild start as the silver price drops over 20% in just two days, leaving investors scrambling. In this month’s Precious Metals Projections, Craig Hemke and Chris Vermeulen break down what’s driving the sudden plunge across silver, gold, and broader markets. They discuss how tariff hikes, panic selling, and key technical patterns like Fibonacci measured moves are shaping short- and long-term trends. Is this a temporary dip or the start of a deeper correction? How is the gold price today responding, and what should you watch for next?
00:00 – Silver’s sharp drop explained
02:07 – Broad market selloff includes copper, crude
03:09 – Market panic and picking a bottom
05:14 – Silver’s potential bounce and bearish signs
07:31 – Fibonacci levels and market targets
08:43 – SP500’s technical breakdown
12:24 – Energy stocks and the impact of oil prices
13:40 – Magnificent Seven stocks under pressure
16:11 – Fear-driven market and selloffs
18:11 – Gold’s stability amid market chaos
21:53 – Gold’s price levels and future outlook
22:44 – Dollar-cost averaging during volatile times
23:52 – Wrap-up and final thoughts
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.