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Silver Explosion Ahead? Gold Pullback & Stock Market Melt-Up | Chris Vermeulen

Sprott Money Jun 3, 2026

Summary

Vermeulen argues silver faces a binary technical setup, with Fibonacci targets pointing to either $40 or an extended rally toward $175 depending on which key support level holds.

Gold sits at a critical technical crossroads, and Vermeulen contends its next directional move will set the tone for the entire precious metals sector.

Technology stocks continue to drive broader equity markets higher, and Vermeulen warns this momentum must be monitored for signs of exhaustion that could shift capital into hard assets.