Precious Metals Monthly Projections With Sprott – Video

Chris sits down with Craig Hemke of Sprott Money to talk about their Precious Metals forecast and break down interest rates and oil charts. As we start the year, commodity and energy prices are roaring to life. It’s the perfect time to look at the charts and see if precious metals are about to break out or are just scratching the surface.

Looking at the monthly chart of Silver, it is at a multi-year base just like gold or miners and is trading in a tight range. The daily chart gives us a better view showing that we are getting close to wanting to break and run to the upside.

Based on the shorter-term charts, we are starting to see precious metals come to life. From a long-term standpoint, we are still trading sideways. We are likely very close to seeing metals and miners become a leading sector.

SEE LATEST PRECIOUS METALS forecast

Precious Metals Forecast

Get Chris Vermeulen’s Gold And Silver ETF Trade Signals.
www.TheTechnicalTraders.com

Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.

Privacy Preferences
When you visit our website, it may store information through your browser from specific services, usually in form of cookies. Here you can change your privacy preferences. Please note that blocking some types of cookies may impact your experience on our website and the services we offer.