Chris Vermeulen: Is The Gold Rally Over?

What has President Trump's victory done to gold and silver? Well, #gold and #silver both took a pretty big hit yesterday but this is a 'news driven move' according to my guest this week on GoldCore TV. #ChrisVermeulen joins us this week, and what a great time to have him on.

I asked him if the US election has signalled the end of the gold and silver rally. As you can imagine, this isn't an easy question to answer. In the short-term he sees a buying opportunity, but does see 'the music coming to an end' and gold rallying once again to $3,000 and $5,000 levels. We also discuss bitcoin and oil. For now, he says 'let markets do their thing.'

If you're looking to buy gold or silver coins or bars, GoldCore currently has good stocks available visit the following website to learn more:

_________________________________________________________________
GoldCore TV is the home of precious metals market information. Our channel features news, interviews, and podcasts with prominent industry figures to help people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest precious metals news and views.
Follow us on social media:
Disclaimer: Videos published are not investment advice and the views expressed may not reflect those of GoldCore ltd.

[stephengoodwin]

if it retraces, it is just temporary.Momentum will continue because the reasons for it's rise also, continue

[yenriver]

The question is has the debt been NO???? Gold will continue going up. Trump cant stop it.

[Karakulak]

Vermeulen omitted one reason as to why gold rallied in 2019, doesn't he remember that on April 1 2019 gold became a Tier 1 asset❓

[mikesmith]

Gold dropped as it is priced in dollars. Thats it. Investors will add to positions on the dip and it will continue to grind up. Bond market is broken. Simple.

[markdownton]

The fiat system is broken, real money is not

[zintun]

Chris answers differs from time to time and also from host to host 😂.

[barakcohen]

So he say go down but maybe go up but could go up but probably first down but after go up or down.
Thanks a lot

[mikkimikki]

Waiting for the drop or "keeping powder dry." 😊

[giacomoleopardi]

This is controversial... Chris Vermeulen said different things about Gold Today at the Podcast from David Lin... He said Gold will break down to 2400 Dollar..

[SpiritintheSky.]

Is not the dramatic buying of gold and silver in the past few years nothing to do with "cycles"; but central banks' purchases, rather than retail, prompted by the growth of BRICS and economic and political concerns?

[addictiveaussie]

The 60 year gold cycle is up until early 2028. That's all that you need to know.

[fruitloops]

I'm so thankful I recently sold my oil stocks.

[sve]

did he even mention foreign central bank buying? not very i have seen his videos before he called a rally to 3000 2 years ago and many other things that never happened.

[Bufford]

It is the debt ... doofus. When that drops ... gold drops . Until then inflation pushe vgold up, up, and up. 😂

[lamarravery]

Trump's a crypto guy, so while bitcoin goes up, gold will go down. Funny how a lot of the metal stackers voted for the guy who made the metal prices go down.

[EdisonSandifer]

Appreciate the detailed breakdown! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?

[hubertdyka]

This Chris guy is absolutely clueless. Repeats this nonsense about 'music stopping' since forever.