Recorded on June 11 2026 at NRS Studios
Chris Vermeulen of The Technical Traders joins Steve Yang to break down the charts behind gold, silver, miners, the U.S. dollar, equities, AI momentum, and cash positioning. Chris explains why he still sees a major long-term gold supercycle, but also why the short-term chart may be warning of more downside before the next big move. He walks through Fibonacci targets, the 618 level, silver volatility, mining-stock weakness, and why a U.S. dollar breakout could pressure both precious metals and equities. The conversation also covers why Chris views cash as a real position, how he thinks about physical gold and silver as insurance, and why emotional trading can destroy otherwise good investment ideas. #Millettian
Key topics
Gold and silver after the blow-off phase Why gold may still be in a long-term supercycle Fibonacci downside targets and the 618 level Silver volatility and the $40 reset setup Miners, ETFs, and market internals The U.S. dollar breakout level Chris is watching Cash, liquidity, and waiting for better setups AI momentum, tech euphoria, and investor mistakes Physical metals as insurance and wealth protection How The Technical Traders manages capital
Chapters
00:00 Dollar breakout warning 01:03 Steve Yang introduces Chris Vermeulen 01:19 Gold and silver after the pullback 01:51 Gold supercycle and the next major move 03:14 Fibonacci targets and 3600 gold 06:51 Mixed signals and volatility 08:20 The 618 golden ratio explained 09:58 Silver targets and miner volatility 14:28 Miners, ETFs, and equities 15:37 Market lens, cycles, and money flows 21:36 Dollar breakout setup 26:13 The 101 to 102 dollar signal 28:03 Cash, liquidity, and patience 30:29 Dollar pressure on gold and silver 34:10 Physical metals and wealth preservation 38:00 Investor mistakes and AI euphoria 40:03 The Technical Traders strategy 41:55 Where to find Chris Vermeulen
Guest links
The Technical Traders https://thetechnicaltraders.com/
YouTube https://www.youtube.com/@TheTechnicalTraders
YouTube https://www.youtube.com/@TradeSmarterwithChrisVermeulen
Host Steve Yang — Natural Resource Stocks
Website https://www.NaturalResourceStocks.net
YouTube Main https://www.youtube.com/@naturalresourcestocks
YouTube World https://www.youtube.com/@NaturalResoureStocksWorld
X https://x.com/JustSteveYang
X https://x.com/SteveYangStocks
LinkedIn https://www.linkedin.com/in/thesteveyang/
LinkedIn https://www.linkedin.com/in/steveyangstocks/
NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/
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