Craig Hemke for Sprott Money sits down with Chris Vermeulen to examine whether the latest precious metals bounce is a genuine breakout or another bull trap. They analyze the dollar index, stock market momentum, gold miners, gold prices, and silver prices while identifying the technical signals that could confirm the next major move.<br><br>Discover what could pressure the price of gold and the price of silver, why gold and silver remain in technical downtrends, and what must happen before Chris considers the market bullish again. Investors deciding when to buy gold or buy silver will hear Chris explain the resistance levels, moving averages, and momentum signals he is watching. Stay informed about gold price trends, silver price movements, mining stocks, the U.S. dollar, equities, and the broader precious metals market.

Gold and Silver Face a Dangerous Turning Point as Stocks Surge | Chris Vermeulen Warns

Sprott Money News

Well, hi, everyone. We've now reached the month of August. It is August the 4th, 2026. And like we always do, we're going to kick the month off with your precious metals projections. I am your host, Craig Hemke. And joining us, as we always do, to start the month is Chris Vermeulen of TheTechnicalTraders.com. Chris, it's always good to see you, my friend. Hey, thanks for having me, Craig. Always a pleasure.

We've got a lot to talk about this month. Before we get going, of course, we've got to point out to everybody, this content is sponsored and brought to you by the good folks at Sprott Money. You can go to SprottMoney.com and always find great deals. Physical precious metals, storing that precious metal. They'll ship it to you if you'd like. All kinds of great metal on sale. Right now, great deals on gold as well.

So keep Sprott Money in mind. If you're looking to find a bottom and take advantage of prices that are down quite a bit in the last couple months, SprottMoney.com. Of course, give them a call at 888-861-0775.

Chris, we'll just dive right in. You know, what's interesting, I'm thinking back to early July and our precious metals projection call. And we were looking at, you know, gold kind of coming down and silver coming down and S&P was kind of, everything was trading kind of sideways. And then we go through July and they've kind of traded sideways.

Not much has changed. So I'm excited to pick your brain. I want to start, though, with something that's kind of in the news here, late July and early August. And that's the dollar and the dollar index. You know, it's most folks know it's made up.

Gold and Silver Face a Dangerous Turning Point as Stocks Surge | Chris Vermeulen Warns

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Gold and Silver Face a Dangerous Turning Point as Stocks Surge | Chris Vermeulen Warns

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.