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Silver Could Hit $18, Here's Why | Chris Vermeulen
If silver starts to roll over, it could fall as low as $18, says technical analyst Chris Vermeulen. Analysing a long-term chart of silver, he points out the trend is down. He expects a major sell-off as the stock market also rolls over and investors move to liquidate everything. However, Vermeulen expects that after a crash, the metals will rebound and enter a 5-7 year bull trend.
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INTERVIEW TIMELINE:
0:00 Intro
2:04 Silver update
12:17 Fed pause
13:30 Crude oil
17:27 Nasdaq
20:30 Asset Revesting
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