Wednesday, April 19, 2023

What Influence Does The Market Actually Have On Gold And Silver Prices?

Chris sits down with Craig Hemke of Sprott Money to talk about where the markets were and where they may be going next. Through the lens of technical analysis, Chris & Craig discuss the answers to the following questions:

* Will the gold and silver miners continue to test the 5 DMA and
   keep to their strong uptrend? And for how long?

* The daily chart of the QQQ shows that after the SVB collapse and subsequent bailout, the tech sector
   ripped to the upside. So why is the Russell 2000 going in the opposite direction? What is the disconnect?

* What are indicators, for example, Fibonacci extensions, candles & wicks, cups & handles, etc., showing
   may happen to the markets overall and to individual sectors?

* Why are metals and miners still heading in the opposite direction? Does this have any correlation to what
   is happening in the banking sector?

* What are the upside projections for gold and silver?

* And finally, at the end of the day, which do you think will ultimately produce a bigger return – high risk &
   high reward OR low risk & medium reward?

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