This video explains that the current drop in gold and silver is not a crash but a normal intermediate correction driven mainly by rising oil prices → higher inflation expectations → rising interest rates (especially the 2-year yield).
Precious metals are likely to remain under pressure until yields peak. However, technically, they are approaching a short-term bottom, with a rebound expected soon, followed by a period of sideways/choppy movement before a stronger uptrend resumes later (likely after economic slowdown shifts policy toward rate cuts).
Mining stocks are already at strong support with oversold conditions, suggesting a near-term rally, but a final bottom may take a few months to form.
Video Length: 00:14:11
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