Gold & Silver Crash Before Massive Rally? Chris Vermeulen Reveals What’s Next | Sprott Money

·23 min·2 clips

Technical analyst Chris Vermeulen explains how Middle East conflict is reshaping the best assets to hold right now.

The episode begins with host Craig Hemke introducing the monthly precious metals projections for April 2026. Guest Chris Vermeulen of TheTechnicalTraders.com discusses how the Middle East war has shifted market dynamics, with crude oil becoming a dominant force. Vermeulen analyzes oil's potential 26% rise to $141 per barrel, linking it to inflation, interest rate hikes, and bond price declines. He predicts this could lead to a stock market tumble, dollar breakout, and broad market fear. The conversation shifts to equity markets, with Vermeulen noting the Magnificent Seven stocks have underperformed since early February. He describes a FOMO indicator that shows repeated sell-offs as investors try to pick bottoms, warning against this in a potential bear market. Vermeulen uses technical analysis to project a possible 10% drop in the NASDAQ to prior support levels. For precious metals, he explains gold and silver have seen damage from recent sell-offs. Vermeulen presents two scenarios: a bearish one where gold crashes 25% to reset euphoric buying, similar to 2008, or a bullish one where it forms a bull flag and rallies to $8,000. He emphasizes the long-term trend is up, with gold potentially above $10,000 and silver at $200+ in a few years. Vermeulen reveals he has sold his physical metals and is waiting for a new super cycle entry, drawing parallels to 2019 when he loaded up. The episode concludes with Hemke summarizing how April's headlines could dictate which scenario plays out, and Vermeulen suggesting the dust might settle by May.

Listen to the show on

Apple Podcasts Spotify

Play clips from this episode More from Sprott Money News