VRIC Media

Markets are flashing mixed signals. In this interview, Chris Vermeulen of The Technical Traders breaks down the market’s reaction to tariff rulings, weak GDP, rising inflation pressures, and the internal rotation happening beneath the surface. From distribution in the S&P and weakness in the Magnificent Seven to parabolic moves in gold, silver, and platinum, Chris explains why he sees short-term bearish setups inside longer-term bullish trends and why patience may be the most important trade right now.

Alasdair MacLeod returns to the show to break down the accelerating breakdown of the post-Bretton Woods monetary order. He argues that the U.S. is already in a recession while China moves into self protection mode to shield from the coming crash. He also outlines his monetary framework. Gold is money, fiat is credit. Credit will collapse.

Today on the show, Lobo Tiggre breaks down why this doesn’t look like a blow-off top in gold, why bullion and mining stocks must be treated differently, and how to think about margin expansion, political risk, and investor psychology in a volatile bull market.

Connect with Lobo:

https://x.com/duediligenceguy

https://independentspeculator.com/

Brought to you by US Gold Corp (NASDAQ: USAU)

https://www.usgoldcorp.com/

Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH9

Sign up for Jay’s newsletter at https://2ly.link/211gx

00:00 – Intro

02:06 – The “Debasement Trade” & Central Bank Buying

06:17 – Bullion vs. Mining Stocks: Two Very Different Trades

07:46 – Why Gold & Silver Stocks Haven’t Really Corrected

10:58 – All-In Sustaining Costs & Margin Expansion

13:28 – What Happens to Miners in a 2008-Style Liquidity Event?

16:03 – Silver Outlook: Industrial Demand, AI & Nuclear

19:40 – Volatility, Profit-Taking & Surviving 50% Drawdowns

22:54 – Mexico, Cartels & Jurisdictional Risk

29:13 – Copper: Structural Supply Deficits & High-Conviction Trade

33:16 – Uranium vs. Copper: Supply Constraints & Tail Risk

39:00 – Platinum & Palladium: Industrial Metals or Mania Trades?

42:24 – The Independent Speculator Strategy & Portfolio Approach

Copyright © 2025 Cambridge House International Inc. All rights reserved.

Economist and senior fellow Dr. Mark Thornton of the Mises Institute joins Darrell to break down the true state of the U.S. economy through the lens of Austrian economics. Referencing soaring national debt and Fed policy to tariffs, small business strain, and the “K-shaped” economy, Thornton argues that government intervention and monetary inflation are hollowing out long-term prosperity. The conversation explores gold and silver as monetary signals, central bank gold buying, dollar weakness, and why inflation is more than rising prices.

Legendary economist Peter Schiff joins Darrell to break down the illusion behind a 50,000 Dow, why inflation is driving markets higher, not prosperity, and what a coming dollar and sovereign debt crisis could mean for investors. Peter argues the U.S. economy is far weaker than headlines suggest explaining why gold at $5,000 may only be the beginning.

Darrell is joined by Francis Hunt, The Market Sniper, for a deep-dive macro masterclass on gold, silver, the U.S. dollar, debt markets, tech stocks, miners, and Bitcoin. Francis lays out his thesis on fiat debasement, the breakdown of the Western monetary order, rising global yields, and why he believes precious metals are entering a powerful reflation phase.

Francis' Links:

https://x.com/themarketsniper

https://www.youtube.com/@TheMarketSniper1

https://www.youtube.com/@TheCryptoSniper

Brought to you by US Gold Corp (NASDAQ: USAU)

https://www.usgoldcorp.com/

Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH9

Sign up for Jay’s newsletter at https://2ly.link/211gx

00:00 – Intro

02:17 – Gold’s Weekly Shooting Star: Topped or Reflation?

06:41 – Who’s Buying the Gold Dip? Central Banks & China

07:04 – The U.S. Dollar Breakdown & Triffin’s Dilemma Explained

13:12 – Is Gold a Bubble? Bank of America vs. Fiat Reality

15:06 – Why the U.S. Debt Spiral Is “Mathematically Certain”

21:23 – Silver, Copper & Critical Minerals: U.S. vs. China

27:13 – Measuring Assets in Gold (Copper, Oil & Dollar Illusion)

30:29 – Gold-Silver Ratio: Is Silver Ready to Outperform?

34:23 – Mining Stocks: W-Bottoms & Cash Flow Leverage

36:20 – Fed Policy, Rising Yields & Housing Risk

40:41 – Japan’s Yield Shift & The Carry Trade Threat

44:59 – Nasdaq vs. Gold: A Major Rotation Underway?

48:57 – Bitcoin in Gold Terms: 7 Months of Decline

57:44 – Capital Preservation Strategy & “Noah’s Ark” Positioning

Copyright © 2025 Cambridge House International Inc. All rights reserved.

Brought to you by US Gold Corp (NASDAQ: USAU)

Brought to you by US Gold Corp (NASDAQ: USAU)

Professor Steve Hanke of Johns Hopkins University joins Darrell for a macro discussion on gold’s volatility, his $6,000–$7,000 price target, silver’s speculative washout, and the real state of the U.S. economy. Hanke breaks down GDP versus consumer sentiment, the K-shaped economy, inflation dynamics, Trump-era growth projections, tariffs, global trade pivots, and what a potential Kevin Warsh Fed could mean for monetary policy.

Professor Hanke's links:

https://x.com/steve_hanke

Making Money Work: https://a.co/d/0atXC1Oe

Brought to you by US Gold Corp (NASDAQ: USAU)

https://www.usgoldcorp.com/

Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH9

Sign up for Jay’s newsletter at https://2ly.link/211gx

00:00 – Intro

00:50 – Gold volatility and the $6,000–$7,000 target

02:42 – Was the recent gold “crash” actually healthy?

05:12 – Blow-off top or secular bull market peak?

06:51 – Money supply, inflation, and GDP per capita model

08:12 – Silver’s parabolic move and sharp correction

09:34 – Crypto speculation spilling into metals

11:04 – Consumer sentiment vs. headline GDP growth

12:56 – Breaking down 2025 GDP numbers

14:31 – Trump’s 5–6% growth claims vs. economic reality

19:05 – The K-shaped economy explained

23:49 – Inflation, affordability, and political risk

25:23 – Midterms, tariffs, and global trade pivots

30:28 – Kevin Warsh and the future of the Fed

31:20 – Quantitative easing vs. tightening

33:39 – Shrinking the Fed balance sheet without breaking markets

Copyright © 2025 Cambridge House International Inc. All rights reserved.

Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, joins Darrell for a wide-ranging macro discussion on what he sees as major turning points across markets. McGlone explains why gold and silver may have already put in multi-year peaks, why crypto’s post-Trump rally marked a blow-off top rather than a new beginning, and why U.S. Treasuries could quietly become the best trade of the year.

Mike's links:

https://www.linkedin.com/in/mike-mcglone-a8442513/

https://x.com/mikemcglone11

Brought to you by US Gold Corp (NASDAQ: USAU)

https://www.usgoldcorp.com/

Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://linkly.link/26yH9

Sign up for Jay’s newsletter at https://2ly.link/211gx

00:00 – Intro

00:34 – Gold and silver selloff: blow-off top or normal correction?

01:32 – Why parabolic metals moves often end badly

02:13 – Stock market volatility and its impact on metals

03:15 – Silver, copper, and the risks of chasing momentum

04:15 – Is there a floor for gold and silver after the peak?

05:06 – Gold vs long-term averages and historical extremes

05:43 – Bitcoin’s collapse and parallels with prior cycles

06:12 – China’s deflation and what it means for industrial metals

07:14 – Why McGlone sees echoes of crypto in today’s metals market

09:11 – Why this could be a trader’s market, not a buy-the-dip year

10:14 – S&P 500 to gold ratio: can both fall together?

11:27 – Lessons from being early, right, and then too late in gold

12:23 – Miners, margins, and whether equities change the thesis

14:03 – Oil outlook, geopolitics, and why crude could head lower

15:35 – Bitcoin bear market: rallies, retracements, and reality

17:24 – Altcoins, why most go to zero

19:21 – Stablecoins, Tether, and what’s really winning in crypto

25:40 – Liquidity, the Fed, and what could finally break markets

27:01 – Stock market valuation, elections, and recession risk

29:33 – Why bonds make sense when nobody wants them

31:47 – Relative value: Treasuries vs gold at historic extremes

35:16 – Why 2026 may be about capital preservation, not excitement

37:21 – Trump coin, crypto mania, and market psychology

Copyright © 2025 Cambridge House International Inc. All rights reserved.