Gold, Silver & AI Stocks: The Next Market Crisis Explained || Francis Hunt & Benjamin Pool

Added: 2026-05-23

[00:00:00]But so for me generally, gold looks a little bit precarious like it could go downside. You could have an instance where we have a sudden re-blow up of the Iranian story. It's kind of useful. It's like the Ukraine-Russia war, which is sort of dying out as a a theme of The government gets involved and all of a sudden you get this nice rip. Right now our resistance level is sitting right here at $24.77. [music] As you can see, it's already hit that level. Got a minor pullback.

[00:00:28]What I'm looking for is a break above this resistance So two questions in there.

[00:00:36]The first part, let's deal with that first.

[00:00:39]That's ongoing and it's not opinion piece on my behalf. That's essentially what we're seeing out of news flows.

[00:00:48]It's public domain knowledge if you care enough to watch. In fact, I've got a couple of super quick, you know, if you just if you're just on X and you're inquisitive enough, you can go do the search and you will see China silver imports. Let's just run the headlines super quick for you. You know, China is paying $83.43 for silver right now. And the West is selling it. Well, I say selling it. The casino price is 7566.

[00:01:17]Good luck if you want to try get that price in ordering an ounce yourself.

[00:01:21]You won't get anywhere close to that.

[00:01:23]Same metal, you're almost $7.77. Lots of sevens in that one.

[00:01:28]That gap has existed for 7 months. So quite clearly there is a migration. When you have a disparate pricing, yes, there's some frictional costs that don't make for a perfect arbitrage. But quite clearly there's a migration. Demand sets price.

[00:01:44]The demand is higher in the place that is looking for monetary metals and also one of the most instrumental key industrial metals in the green agenda, the solar panels and everything else in a time where we're having an AI boom that suddenly climate change doesn't matter. We just need energy to fund data centers. So, you know, a bit like how Putin killed the climate change thing when he invaded Ukraine, he he killed the CV-19 uh tail of 2022. It seems like the AI data centers has killed the climate change for now until they need it back again. But, that's what's happening in China. The other thing is a couple of other comments. All these are people I follow and that are reliable. The UK imported 601 tons of silver from the US in March. But, let me just stop those in the United Kingdom getting too excited and immediately exported all of it, near all of it, to China and India. So, China is draining the COMEX via the LBMA. That's another key point. Also, more interestingly, is uh Singapore is going to launch a futures contract on silver. I've often said that Singapore is the acceptable face of Eastern the rise of the East in terms of their role in the global economy. And with that that key post, I would say, you know, you're looking at them becoming far more significant in terms of pricing. So, you're going to have a lot more pricing going on.

[00:03:27]Combination of Singapore, Hong Kong, Beijing. You've got a much more in terms of flows, in terms of the price that is being offered to have it landed in there. You've got a lot of silver that's leaving London and the US and that is going into India and China. So, that is the migration east of real sound money.

[00:03:44]So, I think we've dealt, hopefully, with both parts of your question there. Let's go ahead and jump into the first chart that I'm going to go over is the chart of USO. So, here's a up sloping trend line, pivot low here, secondary hit. And I know it got below here on this pivot, but this gave us a little bit more information. So, I've connected these three trend lines together or these two pivots three pivots and drawn where the next level support is.

[00:04:07]>> [music] >> If we can get a drop down to $138.60, this is not only a gap in the charts, but also a fourth hit of this up sloping trend line.

[00:04:16]On the short side, we do have this gap in the charts sitting at about $152.93.

[00:04:22]I know on my charts I have $151.26 as far as my resistance level. I still like this 151.26 as a swing short.

[00:04:31]However, I would wait for a day trade, which means I'd allocating more of my position or my portfolio to it at 153.02 if we can get another push to the upside. Bloom Energy, look at this move.

[00:04:44]Just parabolic from the lows right here at 242 bucks.

[00:04:49]In three days, you're up 31%. That is incredible. Pivot top here, secondary hit. We're getting right up into that third hit of this up sloping trend line. This is your shortable level today for a day trade. $320 pierce, and that is where you enter.

[00:05:06]Could also be the beginning starting or the starting point of a swing trade short. What you would be looking for is >> [music] >> any close above this up sloping trend line on a daily closing basis with confirmation, then you're looking to stop out cuz eventually if it does close above and confirms a break to the upside, then you're looking at a $350 whole round number psychological level for additional resistance. And so, for me, I wouldn't necessarily want to dollar cost average into this. I would wait for that next leg to the upside about 350. Global markets remain trapped in a volatile balancing act between inflation fears and economic optimism.

[00:05:43]Rising oil prices continue placing pressure on bond yields, increasing borrowing costs, and threatening stock valuations. Analysts argue that geopolitical tensions involving Iran and energy supply disruptions are acting as powerful financial catalysts rather than isolated political events.

[00:06:02]As oil climbs, investors become increasingly concerned about the massive debt burdens facing Western economies.

[00:06:09]Higher yields weaken bond markets while forcing governments and corporations to refinance at more expensive rates.

[00:06:16]This environment creates uncertainty across equities, commodities, and currencies, leaving traders closely watching every headline for clues about the market's next major move. Yeah, another good question that many people will be sitting on. And uh quite a few people have felt uh a little disappointed in silver's recent performance forgetting that the break began really at the 25 uh dollar mark uh and didn't stop running and actually ran all the way to uh 121, I believe it was up top here. Uh so I'll put some lights on and you'll get the the measure. This is on a weekly chart. This is the silver chart uh on a weekly. Uh and you went to ties 121 um in that period, 121.64.

[00:07:01]You then add that 64 crash you referenced, 96 rally, back down to 61, a marginally lower low. Um so we have in terms of our technical analysis, I'm going up to quite a big time frame here.

[00:07:12]There's a couple of drawings and annotations on this. Uh and I'll just I'll I'll just stretch this out so that everybody can see the key bits. Our overall take, remember and and I think I did this with you that I'd have to people would have to look at previous uh watches. When we look at the quarterly chart, this is a weekly chart. Quarterly means 3 months. Every candle is 3 months. We explained to you that you have a target for 333.33 range and beyond in the cash price. We also mentioned that the second interim level is going to be kicking in from the late 90s to about 105 and that's typically when you get a pause. That's on HVF method on the big HVF draw that gave us that split 333. We never called that the top. We said we'll probably go single digit and we've even got point and figure targets because we don't have a pattern big enough for in between 333 and going single digit gold silver ratio. But uh so this pull pull back is expected uh and was due.

[00:08:11]And people forget that this is a quarterly chart on the macro setup that we had uh and you're in a gestation period.

[00:08:20]Overall, the structure for us has looked and has consistently represented what we describe as a falling wedge. That is a technical structure that is normally associated with upside continuation when you come up into it like that. We talk about a splitter which is a line that breaks it into three and we talk about the rule of three, three key sell-offs.

[00:08:40]In other words, we talk about three impulses in a falling wedge like this.

[00:08:47]And what's actually happened is we just had a massive rejection. So I'm just going to take those last two lines away to bring you into the future. We had them what looked like a breakout. We took [music] it and we we cut and run thankfully and was able to leave with some profits because we were expecting the possibility you could break out from this.

[00:09:06]But when you look on the weekly chart, this still shows this rejection that it turned out to be in the end and what happened for that rejection? Well, an increase in hostilities, a possibility of an attack. You know the the complete theater that goes on there and the cacocracy of moving markets by statements. SOXX had this nice shortable level yesterday. I did mention I was in the short on this at $518.

[00:09:33]Got a nice rejection and then all of a sudden today it had a huge surge to the upside and hit my secondary target this morning at 5:22:21 for an additional short. Right now, as I'm recording this, we're getting a little bit of a sell-off. We're slightly negative on the SOXX.

[00:09:50]What we need to happen is we need to take out the lows of the day sitting at $515.08.

[00:09:55]Once that happens, we can start or continue the sell-off.

[00:09:59]Because these two levels have already been hit, the next level of resistance I'm looking at on the SOXX would be sitting at $530.

[00:10:09]So, if it does decide to push to the upside with Nvidia pushing up, and I'll show you that chart here in a second, then that is the level I'm looking to enter this for a short for a day [music] trade.

[00:10:20]Nvidia is getting a little bit of a pullback.

[00:10:22]This morning, it had a nice surge to the upside. It got up to as high as $227.42.

[00:10:28][music] With this sell-off, it's a pretty substantial sell-off from that high.

[00:10:32][music] $216.61 is where I'm looking to day trade this.

[00:10:37]Got a previous gap in the charts that's already been filled.

[00:10:40]>> [music] >> However, this is still going to be a ton of support on the chart of Nvidia.

[00:10:45]And that's a day trade.

[00:10:47]If we can break into this break below that gap >> [music] >> previous gap, you have this pivot up pivot low here, secondary hit, third hit. I would be looking for a swing trade at $212.42.

[00:11:00]It's going to take a couple days for us to get into that um that basically that confirmation zone or confluence zone right here at $212.47.

[00:11:10]But, once it does, that is the third hit of this upswing trend line, so it does favor a move up. Despite massive long-term bullish predictions, gold and silver have recently struggled to maintain momentum.

[00:11:21]Market technicians describe the current setup as a classic consolidation phase following an explosive rally. Silver previously surged from relatively low levels to historic highs before undergoing a violent correction, creating what analysts call a falling wedge formation. A pattern often associated with eventual upside breakouts.

[00:11:42]However, recent rejection candles suggest more downside volatility could still occur before the next major advance begins.

[00:11:51]Investors are increasingly divided. Some expect another sharp liquidation event tied to stock market weakness, while others believe precious metals are preparing for a historic breakout fueled by currency debasement and debt instability.

[00:12:05]Um so, if oil price goes up, at the moment, even though they're both commodities priced in dollars, if oil goes up, it means rates higher on bonds.

[00:12:16]And please, we must talk about bonds, US yields particularly, but uh long end, mid end, and short end across the world.

[00:12:25]Um so, I'll just drop that thread separate to follow up. Yields go up, and bonds collapse. And that causes a massive problem. But, it took the foot off. The whole hormones came in when the silver squeeze uh was getting in too intense. Suddenly, we had the contrived event, which is actually a supply chain, an agreed cross-nation supply chain throttling that brings stagflation and even a more extreme version of that, because that's how they impoverish you and enrich the billionaire class. So, drill down anywhere you like um on that later. But, what we got was uh we put a brakes on gold and silver's run, and we now push the commodity of oil up.

[00:13:10]Uh and now that pushes bond rates up, and that of course, uh while it looks like some people were claiming 5D chess on Trump's behalf, what it's actually done is made funding uh and refinancing debt a whole bunch more uh expensive in the USA the US, and the focus is moving ever more uh harshly onto the debt markets. So, if the debt market starts uh to collapse, um you will see a rush back into metals as the final reserve asset. Uh so, in the long end, you might postpone, but you don't cease the eventual ascent of the silver and gold markets.

[00:13:47]Technically, this was a big rejection candle, and we leave the possibility open that you could go lower first before you eventually get the falling wedge break. That would be a demand-destroying event. We mentioned May, sell in May and go away. One key trend, which is negative for equities, negative for risk, any form of risk, which could see bonds again come into trouble. The higher the rates go, it leans a bit initially on the metals markets. They don't pay a yield in due course uh in traditional terms, but in the long term, they preserve value.

[00:14:21]Uh and of course, the higher yields crash stock market, it causes liquidation, and people sell their best collateral to support their losing positions, sadly. So, you get an initial sell-off in the metals. The longer-run effect is metals will go higher. So, we are waiting a third possible sell-off here, for which this was a rather ugly rejection candle here that didn't follow through on the breakout of the falling wedge. How low does it go? It could bounce on our splitter and be medium-sized. If we have a big demand-destroying event and a lot of stress, you could come right down to the lower level, but over the rule, the the medium macro move is medium-long term is a break to the upside for this. And once we're done with that second interim, a very brisk open territory move to the 333s, where we will pause again, much like our second interim, only even possibly a bit longer during that period. So, let me hand back to you, cuz there was quite a lot in that. Q B T S has some real positive news. Uh the US government is taking a minority stake in this thing.

[00:15:28]The government gets involved and all of a sudden you get this nice rip. Right now our resistance level is sitting right here at $24.77.

[00:15:35]As you can see, it's already hit that level, got a minor [music] pullback.

[00:15:40]What I'm looking for is a break above this resistance level, confirmation, and then I would look to play this on a long play at $24.77.

[00:15:49]On the downside, if we get a sell-off, I'm looking to pick this thing up at $19.31 on the chart of QBTS.

[00:15:56]>> [music] >> Into it. Here is a chart that's getting hammered today. Had this nice breakout of this down sloping trendline, retraced to the scene of the crime perfectly, and then got a nice bounce. All of a sudden earnings came out.

[00:16:10]Where did it get its bounce? You zoom way out on the charts. You've got this major pivot right here. As you can see, it had a huge sell-off.

[00:16:19]Price action got back above it.

[00:16:21]We got rejected again, got above it again, and then all of a sudden it was support. This tells us there's a ton of buyers sitting at 306.61, or at least a lot of price action. So, for a swing trade, this is a great opportunity if in the next 3 days it can stay or maintain this level. I'm not interested in swing trading this for a long play yet because it does require 3 days for price to settle in. If it does get down to $283, which zooming out in the charts again, you can see there's additional support right in this area.

[00:16:55]So, if it does close below 306.61, you're likely to head all the way down to 283.26, [music] and that's where I'd begin my entry price for a swing trade. Technology stocks tied to artificial intelligence and quantum computing continue driving enormous market speculation. Companies connected to AI infrastructure, semiconductors, and advanced computing systems, have experienced explosive rallies as governments and private institutions race to dominate next generation technologies. Nvidia, ARM Holdings, and several quantum computing firms remain key focus areas for traders searching for momentum opportunities.

[00:17:33]Analysts also highlight increasing government involvement in strategic technology sectors, including minority stakes and supercomputer initiatives designed to strengthen national competitiveness.

[00:17:46]Yet, concerns are growing that many AI-related stocks may be overheating after parabolic gains. Some investors now fear that the AI boom resembles previous speculative bubbles that eventually experienced painful corrections. So, inherently politicians we we always apply the law of inversion perversion, by the way. Our Hans Law of Inversion Perversion. That means do the exact opposite of what they're telling you. So, if he says don't buy gold, um it means uh we're going to have a currency crisis on the Indian rupee. Buy gold. Um sell your rupees. Buy gold.

[00:18:23]Um and by the way, that's happened before in 1967 with a Gandhi.

[00:18:30]Uh and they said the exact same statement. So, this is a repetition of cycle. In 1967, Gandhi came out. Uh and in fact, I can find that tweet. Uh I will narrate it to you anyway, but it's worth people once again seeing This is historical uh facts, not uh something I'm conjuring.

[00:18:49]Um He they said in '67, "To protect our foreign uh reserves uh because, you know, we don't export enough. They import all their silver and gold, most of it. They don't They aren't big miners. And they import their energy. So, they have a lot of base uh needs that require uh imports that put immense pressure on the rupee and as you see the rupee devaluing which it is which I will show you a chart for in a second.

[00:19:22]Of course the people do what they naturally do the small ones at least and they set out to preserve their buying power and that often involves bringing gold into place. So let's just have a look at that. That was Modi reduce your fuel consumption as well because that the more energy they consume the more they have to import. Don't buy gold work from home appeal of people. That is a reserves crisis. They lack foreign so all fiat are flawed but some are even more compromised. For example China runs trade surpluses with most nations.

[00:19:57]That means you you reference Chinese debt and why the interest rates are low. Well that a property crisis but also they good for backing it. They are net stacking bullion at an epic rate. People don't fear complete confiscation and loss of money in the Chinese bond market. They also had a property crash that there's other reason. They haven't been perfect.

[00:20:19]There is no perfection anywhere in the world of fiat and debt but that's why they can afford lower rates. I was shocked to hear some expert saying yeah they in a depression and the US economy is great because we had 4.5%. No, it's the pricing mechanism for likely default and a debasement that is in place and the US has to price a lot cheaper and offer a lot higher yield on account of its excessive position in that market.

[00:20:48]So again the the West is losing on that front and India is not as in a strong a position as other BRICS nations like China in terms of this. The rupee is under pressure. ARM is having this nice surge to the upside similar to what's going on with Bloom Energy. You got one day up. Gapped above, another day up.

[00:21:10]Today is the third day up in a row. I have on my radar $288.34.

[00:21:16]This is my swing trade level for a short. Day trade, anything above $282 all the way up to $288 is your day trade level. This is overextended. 3 days.

[00:21:30]35% move from its current price right now. 35% move. This is due for a pullback. Yesterday had a nice pullback towards the middle part of the day. A lot of profit takers took in took over before this gap up in the charts today.

[00:21:44]I did mention $260 pierce was going to be my level for a rejection yesterday.

[00:21:49]Never got up there and but look at it gapped up above that resistance and even shot up even higher.

[00:21:57]So, I'm really liking the chart of ARM.

[00:22:00]DE on the other side is getting a nice drawdown.

[00:22:04]I have this low pivot point in the charts as well as all this previous price consolidation at $507.74.

[00:22:11]If we can get another 1.76% pullback, this is my entry point for DE for a day trade.

[00:22:21]Again, it did have earnings, so I would be waiting for a few more days to see what where price settles in.

[00:22:28]Likely heading all the way back down to about $488, which is why 507 is my scalp level today for a nice day trade.

[00:22:35]Several major investors and analysts are beginning to warn that deeper economic risks may be developing beneath the surface of today's resilient markets.

[00:22:45]Rising debt costs, weakening consumer strength, and widening wealth inequality are becoming harder to ignore.

[00:22:53]Luxury retailers continue performing relatively well because wealthier consumers remain heavily invested in booming stock markets while middle-income households increasingly struggle with inflation and rising living expenses.

[00:23:06]In countries like India, pressure on local currencies is also encouraging stronger demand for gold as a store of value.

[00:23:13]Meanwhile, institutional investors continue building large cash positions suggesting growing caution despite markets remaining near record highs. So, I mentioned let's have a look at it.

[00:23:24]Let's first deal with the gold question as well and just show you what I I fear is still to happen. I mentioned three waves of selling. For me, the the continuation pattern here could be in the category of what we'd describe as a channel bull flag. Uh you had a big sell wick here on a This is again a weekly chart of gold, by the way. You had a big sell there where you went from almost 5,600 down to 4,400. That's the better part of $1,200. It's quite some correction. And then you had the 5,400, a little bit lower going to a new low at 4,090.

[00:24:00]And then you've rallied moderately but without too much enthusiasm. You're in the channel and now you're grinding along the channel and you had a bit of a rejection here. So, there could still be a third sell-off. We talk about the three waves of selling before you break.

[00:24:15]You could come down here and break eventually.

[00:24:18]Uh or you could come down a bit deeper if we had a really shocker demand destroying event such as the Nasdaq and the AI boom crashing, which I think there's real motives. You've got Michael Burry with a billion-dollar short, most of it's on Palantir.

[00:24:33]Um you've got Warren Buffett that's been a net seller and his uh successor a net seller of stocks for better part of 5 years and the accumulation of cash. So, there would be effects to precious metals [music] of uh very steep demand destroying event, by the way. And it is also the perfect environment for them to bring in their CBDCs. I know you have a question at the end on that, so I'll leave that there. But so for me generally it gold looks a little bit precarious like it could go downside. You could have an instance where we have a a sudden re-blow up of the Iranian story. It's kind of useful. It's like the Ukraine-Russia war, which is sort of dying out as a a theme of you know, you get you get fatigue to certain news items. So they've created a new event that they can suddenly reheat and you can have a surge in oil. That can cause a surge in the bonds, uh push the devaluation, which they need, and is also the stagflation that enriches the billionaire class that own excessive assets whilst debasing the debt they've borrowed to get on those assets. So the top side goes up, the valuation >> [music] >> in lieu of the monkey money devaluation, it holds some value, and the debt gets debased. So the very heavily borrowed uh with beneficial terms to corporate banks, the billionaire class gets excessively rich. It's tipping the casino table and all the chips end up at the other side. The middle classes, the blue-collar, the working classes, the working poor, you name it, they all have cost of living increases and become ward of state under a UBI new CBDC system. So it's the perfect economic policy by manufacturing the whole moose, they put they put supply chain pressure. Oil is uh as I've said before, it is a financial weapon of economic destruction masquerading as a basic common uh commodity in a military uniform. Uh you have a bit of war, you push it up, the oil uh majors that are all largely owned by the legacy families, they make a lot of money, they can claim high insurance on shipping and all of these things.

[00:26:40]Most big billionaires are in that space.

[00:26:43]There's very few of us that are rats and mice that have meaningful skin in that game. They they build their income at the cost of everyone else inflation on the world uh particularly the West particularly Europe at the moment. So that's gold a possibility of more downside before we re-assert to the upside. So we're going to have a a demand destroying in event that will probably go first inflation and then bring about chronic deflation to a degree.

[00:27:11]Let me know if I've answered your question because there was a couple of legs to it. That's what I see happening in the gold market. Let me hand back and you can re-ask. BKE KE is also having a nice drawdown today.

[00:27:24]You have this gap in the chart sitting at 16 bucks. If we can sell off a little bit more, that is the area that I'd be interested in going long for a day trade, >> [music] >> but this would be just a minor position.

[00:27:35]I wouldn't go as heavy as I normally do because there's a a secondary gap right below it at $15.79.

[00:27:41]And I would look to dollar cost average.

[00:27:44]That would be my ad level knowing that I would just stop out of that on a 15-minute closing basis below that on BKE. Last but not least is HOG.

[00:27:53]I have a couple different trend lines.

[00:27:54]Let's switch the weekly time frame.

[00:27:57]Show you give you a little bit more of a clear picture on where these trend lines are coming from. So you have this low pivot point here.

[00:28:04]Secondary hit. Here was the third hit.

[00:28:06]You got a really solid bounce off of that level on the weekly time frame.

[00:28:11]Next up something trend line that I I put in is this low pivot.

[00:28:15]Secondary pivot.

[00:28:16]Third hit. No bounce. However, we got a nice drawdown to the lower end of this up sloping trend line.

[00:28:23]And then we got a bounce. Now we're above it and confirmed back above this down slope or this up sloping trend line. So switch the daily time frame.

[00:28:31]If we can get a nice pullback, here's your entry price for a day trade right about $22 on the chart of HOG knowing that it could head all the way down to this low pivot at $20.45.

[00:28:44]So this is something that I'd be a little bit more conservative on. go with like a 1/20th position, dollar cost average all the way down to these little pivots.

[00:28:51]Once price action does get below this up sloping trend line though, watch out because the bottom isn't in and I would wait for a pierce of $18 to reenter this for a swing trade on the chart of HOG.

[00:29:04]Market observers increasingly believe the world may be approaching a transformational financial event capable of reshaping global markets for years.

[00:29:13]Some analysts argue that a major stock market correction, debt crisis, or energy shock could trigger widespread liquidation across risk assets before capital rapidly flows back into hard assets like gold and silver. Others believe central banks and governments may eventually accelerate digital currency systems and new monetary controls during future economic turmoil.

[00:29:36]For now, traders remain focused on technical signals, chart structures, and geopolitical developments to determine market direction. Whether markets break higher or enter a deeper correction, volatility appears poised to dominate the next phase of the global financial cycle.