2008 'Violent Pullback' Returns: Gold To Nosedive, Nothing Is Safe | Chris Vermeulen

Watch on YouTube ↗  |  October 21, 2025 at 23:26  |  41:31  |  The David Lin Report
Speakers
Chris Vermeulen — Chief Market Strategist, TheTechnicalTraders

Summary

Chris Vermeulen, Chief Market Strategist at TheTechnicalTraders.com, joins David Lin to discuss the historic single-day gold selloff on October 21, 2025. He argues the precious-metals bull market is crowded and late-stage but not yet topped, while stocks and Bitcoin look vulnerable. He favors 100% cash, a potentially stronger US dollar, and trading inverse ETFs during a bear market, and he sees real estate and REITs as future opportunities after a downturn.

  • Gold and silver suffered a violent selloff, but Chris sees it as a shakeout before another push higher.
  • He warns the metals complex is near a major top that could bring a 30-45% correction.
  • Stock market money flows and weak price action have him in 100% cash and wary of a nosedive.
  • He prefers cash as protection and thinks the US dollar may strengthen in global weakness.
  • He would use inverse ETFs tactically, not as long-term holds.
  • Bitcoin's broadening, volatile chart needs a stable range before he would buy.
  • Real estate and REITs are not safe yet; he expects a selloff to create a high-yield buying opportunity.
Ideas
Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 3:55
Metals rally further before eventual top
Chris views the sharp gold and silver selloff as a first shakeout in a crowded but still parabolic precious-metals bull market, not the final top. He expects the metal complex to stabilize or pull back to support and then make another push higher, with gold potentially stalling around $4,800-$5,000 before the cycle ends.
GDX PPLT GLD SILVER HIGH
Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 18:35
US equities risky; move to cash
Big-money flows are rotating away from equities while the Nasdaq and stock market sit near highs but look weak. Chris sees the market as unstable and close to a nosedive, so he moved his strategy to 100% cash and warns investors not to hold through a potential crash.
SPY QQQ HIGH
Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 19:27
Cash is a protective position now
Cash is a position, not a do-nothing choice. With stocks, precious metals, and real estate all risky, he favors 100% cash to protect capital, earn some interest, maintain liquidity, and wait for high-probability opportunities after a reset.
CASH HIGH
Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 24:12
Real estate not safe yet for investors
He thinks housing and real estate are not safe yet: homes remain overpriced, the numbers do not work, and a weakening economy plus tighter bank lending will pressure prices and rents. He advises waiting before buying second or third properties.
XLRE HIGH
Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 24:55
US dollar may strengthen in global weakness
He thinks the US dollar can strengthen during a period of global weakness and sees it as one of the few relative safe havens when other assets are unsafe.
USD MED
Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 25:02
Trade inverse ETFs during market collapses
For those who want to profit from a bear market rather than simply sit in cash, he recommends trading inverse ETFs to capture market drops over weeks or a month or two. He stresses they are trades, not long-term holds, and says he uses them in bear markets.
INVERSE ETFs MED
Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 33:27
Bitcoin chart too volatile; avoid now
Bitcoin's broadening formation with higher highs and lower lows means volatility is increasing and the chart is noisy and dangerous. He would need Bitcoin to trade sideways in a more stable range and build a controlled bull flag before he would like it again.
BTC HIGH
Chris Vermeulen Chief Market Strategist, TheTechnicalTraders 37:31
REITs sell off, then become opportunity
REITs, represented by IYR, are likely to fall dramatically in the coming real estate downturn, similar to 2008. That should create an attractive opportunity to buy oversold REIT ETFs with high dividend yields that could double over a year or two, but it is not time yet.
IYR HIGH
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This The David Lin Report video, published October 21, 2025, features Chris Vermeulen discussing GDX, PPLT, GLD, SILVER, SPY, QQQ, CASH, XLRE, USD, INVERSE ETFs, BTC, IYR. 8 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Chris Vermeulen  · Tickers: GDX, PPLT, GLD, SILVER, SPY, QQQ, CASH, XLRE, USD, INVERSE ETFs, BTC, IYR