What John Howell said in this video:
- Oil & Energypositive for stocksmid-termThe host briefly notes the energy sector has been the strongest performer, in line with his earlier expectations.Source
- Othernegative for stocksmid-termThe host declares the gold bull market over, with a head-and-shoulders breakdown playing out; he expects at least a 50% retracement toward 3,500, possibly as low as 3,000.Source
- Othernegative for stocksshort-termThe host warns any gold bounce is a sucker rally to be sold into, not a bottom, since markets fall in phases with interim rallies.Source
- Othernegative for stocksmid-termThe host sees silver getting crushed, heading to the 40 level, and expects it to go even lower than that.Source