What John Howell said in this video:
- Othernegative for stocksmid-termThe host declares the gold bull market over: the two-year rally exhausted the energy built during a three-year base, and gold is now in a sideways-to-down correction of roughly 30% while it refuels.Source
- Othernegative for stocksshort-termThe host notes silver, like gold, is making new lows as the metals bull market has run out of energy.Source
- Othernegative for stocksshort-termMining stocks are getting crushed, the host says, because the prior two-year bull market exhausted their energy.Source
- Otherpositive for stockslong-termLong term the host still sees gold reaching $15,000, but only after it completes the current refueling correction.Source
- XLEbullishlong-termThe host has called XLE the 'new king in town' since late last year; it is up almost 60% year-to-date, breaking out of a three-year base that built up energy for the move.Source