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Podcast: Precious Metals Capitulation, Sentiment Has Changed Drastically in the Last Month

Tom Winnifrith
Monday 20 August 2018

Brett Heath sees severe capitulation across the board from the metals to the majors and down to the juniors. Most of the majors are at or near 52-week lows. This looks like scary times, and both gold and silver are incredibly volatile right now.

In the latest podcast from Palisade Capital, Brett says that sentiment has changed drastically from just a month ago. He says that what we have seen for the last two years is gold stuck in a channel. It was looking like gold and silver were setting up for a very good run, but that did not materialize. He warns that the market may continue to be oversold for some time.

With this latest market decline,

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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