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
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/
NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/
NRS TikTok https://www.tiktok.com/@natural.resource.stocks
NRS Instagram https://www.instagram.com/naturalresourcestocks/
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
The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform.
If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed.
Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal.
By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.
