
Episode 75: Silver lower, Yields Higher. With Dale Pinkert
Maggie Lake Talking Markets
Market participants face significant downside risks as precious metals and broader equity indices show signs of exhaustion. Silver remains under pressure, with a potential capitulation event likely if prices drop below $50, driven by a persistent strong dollar and rising yields. While Micron’s recent earnings beat expectations, the market reaction suggests a "buy the rumor, sell the fact" scenario rather than a sustained tech rally. Investors should anticipate continued volatility in the lead-up to the election, with 10-year Treasury yields potentially climbing toward 6% or higher. Trading coach Dale Pinkert emphasizes that the current environment favors caution, as many sectors, including regional banks and housing, are already experiencing substantial corrections. A 10% market pullback remains a distinct possibility before any meaningful buying opportunities emerge.
Sign in to continue reading, translating and more.
Open full episode in Podwise