What John Howell said in this video:
- Otherneutrallong-termAfter a two-year expansion, gold has released most of its stored energy and is near the end of the acceleration phase; it needs at least a year of sideways time before another big move and is not ready for $10,000.Source
- Otherneutralshort-termSilver, like gold, has gone sideways during the recording period and recent top-buyers are being hurt; the host offers no fresh directional call on silver.Source
- Othernegative for stocksshort-termThe host notes noise is loudest at tops and that many traders who chased gold and silver over the last six months are getting destroyed, showing that buying into the hype was mistimed.Source