Stijn Schmitz welcomes Chris Vermeulen to the show. Chris Vermeulen is Founder & Chief Investment Officer, The Technical Traders. Vermeulen begins by analyzing the current equity market, noting that while stocks are grinding higher, the rally is not broad-based but concentrated in tech, small caps, and micro caps, which he sees as a sign of underlying weakness. He suggests the market may be entering a euphoric, parabolic phase, potentially triggered by upcoming IPOs like SpaceX, but warns this could end in a sharp correction and a major market top.

Using Fibonacci extensions, he projects significant upside for the NASDAQ but remains cautious about the rally’s sustainability. Shifting to commodities, Vermeulen explains his preference for stable, trending assets over volatile, headline-driven ones like oil, which he avoids due to geopolitical noise. He expresses similar concerns about the agricultural sector, seeing it as a crowded trade where heavy public interest and high volume may indicate distribution rather than further upside. His most detailed analysis focuses on precious metals, where he forecasts a substantial near-term pullback for gold and silver. His Fibonacci analysis points to a potential drop in gold to $3,600 and a 46% decline in silver from current levels, which he views as a painful reset for latecomers before the next major bull cycle begins.

He views gold miners as the same correlated trade, warning against over-concentration. Vermulen advocates for his “asset revesting” strategy, rotating capital into assets in confirmed uptrends and stepping aside when trends weaken. He emphasizes discipline, risk management, and avoiding emotional attachment to assets like physical gold, which he notes costs money to hold and can underperform for years. His focus remains on equities for now, waiting for a clearer entry point in precious metals after an anticipated sell-off.

Timestamps:
00:00:00 – Introduction
00:00:52 – Market Opportunities Radar
00:02:20 – Equities Current Trends
00:02:41 – Rally Breadth Concerns
00:04:00 – Index Selection Discussion
00:06:25 – Fibonacci Technical Analysis
00:11:20 – Bubble and Melt-Up Debate
00:12:30 – Oil Market Disruptions
00:17:10 – Agricultural Commodities View
00:22:31 – Gold Price Predictions
00:28:27 – Silver Miners Analysis
00:35:59 – Copper & Chris’s Approach
00:37:20 – Concluding Thoughts

Guest Links:
Website: https://thetechnicaltraders.com/
X: https://x.com/TheTechTraders

Chris Vermeulen is the Founder & Chief Investment Officer of The Technical Traders and the visionary mind behind Asset Revesting. In his book Asset Revesting – How to Exclusively Hold Assets Rising in Value, Profit During Bear Markets, and Continue Building Wealth in Retirement, he lays out this investment framework.

Chris launched his financial career at 16, parlaying his knack for trading and risk management into funding his final year of college, where he earned a business diploma in operations management. By his twenties, he had achieved financial independence as a full-time entrepreneur and trader. After a setback—blowing up a trading account—Chris dedicated himself to treating trading as a business, completing the Trading Strategy Mastery and Trading Is Your Business courses.

A technical analysis expert, he devises systematic methods to spot market opportunities and control portfolio risk, rejecting traditional buy-and-hold approaches that cling to depreciating assets. His efficient asset allocation models balance short- and long-term strategies to minimize drawdowns and consistently outperform benchmarks. Those seeking reliable capital preservation and growth turn to his proven techniques.