Christopher Aaron

The Next Gold Rally Could Be Setting Up

• Top takeaway As of the July 2026 discussion, the guest expects a strong rally in gold, silver, and mining stocks from the second half of 2026 into the first quarter of 2027.
• He argues gold is bottoming in its present 3800-4000 region and says he has substantial evidence supporting that call.
• He views the bottom as a process rather than a single moment, requiring multiple waves to round off the lows.
• He allows that a few nominal lows may still come, with the actual low possibly in early August 2026 around 3850-3900.

Aaron argues gold is bottoming in its current $3,800–$4,000 zone, with substantial evidence that the region marks the low. Market bottoms are a process, not a single moment — multiple waves are needed to round off the lows before any durable advance. The actual low may land in early August near $3,850–$3,900, with only nominal new lows expected while the base forms. A second-half 2026 rally into the first quarter of 2027 is setting up for gold, silver, and the miners.

Evidence: Gold Is About to Bottom—Then Surge | Christopher Aaron

• Top takeaway The guest argues gold is carving out a bottom in the $3,800-$4,000 zone, possibly at a final low near $3,850-$3,900 as early as August 2026, and expects a rally in gold, silver, and miners through the second half of 2026 into Q1 2027, after which he plans to reassess for a larger top.
• His core gold evidence is a double signal: the 2023-2025 resistance band now acting as support near $3,900, overlaid with a falling-wedge pattern that he says resolves as a bottom about three-quarters of the time.
• On silver, he expects the $50 level, broken in late November 2025 after a 45-year consolidation, to attract dip buyers for a meaningful bounce, with silver trading near $57 as of the interview.
• He warns that if markets come to believe the new Fed has inflation under control, silver's monetary premium could unwind: the industrial buyer only exists in the $20s to low $30s, so silver could fall back to that range and gold to about $3,500.
• He biases toward an upward breakout in the Canadian Venture Index within 12-18 months after a 13-year base, with a measured-move take-profit zone of roughly 2,000-2,500 on the index, ideally when gold is back above $5,000.

Gold shows a falling wedge and three-year resistance turning support near $3,900, which the guest reads as a bottom forming around $4,000. Silver's breakout from a 45-year base puts expected dip buyers near $50, but conviction that inflation is tamed could sink silver to the $20s. The guest expects markets to believe the new Fed chair on inflation for one to two years before political pressure forces renewed money printing. After 13 years of consolidation, the Canadian Venture Index looks set for a breakout with a measured-move target near 2,000-2,500, a future profit-taking zone. Price action matters more than narrative: waiting to learn why buyers appear risks missing the move, because reasons only become clear later.

Christopher Aaron – 45-Year Breakout In Silver To New ATHs, And Breakdown In The DOW To Gold Ratio

• Top takeaway The guest argues silver just broke a 45-year consolidation a few weeks before this January 2026 interview and is setting up for a 3X to 5X move, implying $150-$250 over the next 1-5 years.
• He frames a short-term descending triangle on silver around $70 support, arguing a break lower could flush price into the upper 50s as a final buying opportunity before triple digits, while a break above ~$74 skips that flush.
• He makes the case that the Dow-to-gold ratio has just confirmed its fourth multi-decade trend break, and that averaging the prior three turnings implies a 5X revaluation in gold, roughly $20,000 per ounce, by the end of the decade.
• He argues silver miners have yet to show leverage to the silver price, with the SIL/silver ratio still near multi-decade lows, meaning a major revaluation in the miners is still ahead.
• He is giving a related in-person talk on the Dow-gold thesis at the Vancouver Resource Investment Conference on January 24, 2026.

Silver has broken a 45-year consolidation and could realistically reach $150-$250 within the next 1-5 years based on historical commodity breakouts. The SIL-to-silver ratio sits near multi-decade lows — silver miners have not yet captured leverage, setting up a revaluation trade. Near-term, silver is in a descending triangle that could flush to the upper $50s if $70 support fails, offering a possible last entry. The Dow-to-Gold ratio has just broken its 45-year uptrend — the 'fourth turning' — with history suggesting a 5X gold revaluation toward $20,000. Junior miners have lagged the move so far; the historical trickle-down effect argues late-stage juniors with defined ounces could be the next to revalue.