Doomberg is not optimistic on the prospect of peace in the Middle East and he believes that if the current tentative ceasefire breaks, a global energy crisis of catastrophic proportions could be on the horizon. Doomberg breaks down the potential effects on oil, natural gas, and the global economy, along with explaining why he believes the Russia-Ukraine war is about to go into overdrive, whether China will flex its military might up ahead, and much more.
Chris Vermeulen, chief market strategist for TheTechnicalTraders.com, argues the only thing that matters is price direction, and right now money is flowing into equities — tech, small caps, and micro caps — so he is long the S&P 500 and NASDAQ while expecting a possible parabolic “feeding frenzy” melt-up (NASDAQ targets of roughly 10% to the 0.618 golden ratio and up to 18% / a 100% measured move at 35,400), potentially triggered by the SpaceX IPO, that would mark a major top. He is bearish precious metals in the near term, forecasting gold falling to a 100% measured move of $3,600 (about an 18% drop) and silver dropping toward ~$39–40 (a potential 46% haircut), having exited silver at $111 and gold near its peak, and views gold as “an expense to carry.” He warns that gold, silver, and miners (GDXJ juniors facing another ~25% pullback) are all “the same trade,” and that investors who pile into a single concentrated bet will eventually “blow up and then you lose everything.”
Long equities, narrow breadth: Vermeulen is invested in both the S&P 500 and NASDAQ, with the NASDAQ outperforming since early April, but warns the rally is selective and tech-driven rather than broad, calling weak breadth “a sign of weakness” and a warning that “eventually something is going to break.”
Parabolic melt-up thesis: He believes the market may be entering a euphoric, dot-com-style bubble blowoff — fueled by the SpaceX IPO and other big IPOs — that would deliver “quick, easy money” before a sharp drop, and he says he hopes for it because financial resets are “good” and “healthy.”
Gold and silver downside targets: Using Fibonacci, he points to gold reaching $3,600 and silver around $39.40, framing the panic-driven selloff as “an amazing opportunity” to reaccumulate physical metals at value, with silver upside potential to about $175 (a ~341% return if bought at the trough versus ~130% holding through).
Price over fundamentals: Citing the 2000 tech bubble where his most profitable holdings fell 50–60%, he insists “fundamentals don’t really help you” and that the only question is whether price is being accumulated — companies with “gold in the ground but nothing’s getting produced” don’t interest him.
Asset revesting strategy: Through TheTechnicalTraders.com he runs “asset revesting,” holding only assets moving up and rotating capital via ETFs with just 5 to 12 portfolio adjustments a year, prioritizing not having “dormant money stuck in a commodity” and avoiding the account-destroying mistakes he says he made blowing up three accounts.
Bob Moriarty of 321Gold.com argues that the US-led war on Iran is “easily the dumbest war in history” — illegal, serving no purpose, and inflicting permanent supply-chain damage that will turn catastrophic around September and “the end of the world’s economy” if it runs through December, since the Strait of Hormuz closure has cut ~13% of production (15% of global oil supply) while WTI stays artificially suppressed below $93 (with Brent ~$7 higher) partly because the US is draining the SPR, which he calls “financial suicide.” He warns the demise of the petrodollar is catastrophic for the US Treasury bond market as China, Japan, the Philippines, and the six GCC countries dump treasuries, and he flatly calls the official figure of 13 Americans killed “an absolute fabrication,” citing Chuck Baldwin’s claim of 500 caskets in Germany and 42 destroyed US aircraft. He urges owning gold and silver, notes gold has risen from $20.67 to roughly $5,500 (over 250x in 100 years) as proof the currency has lost that much value, and cautions the world is closer to World War III than at any point in his lifetime, with potential deaths “in the billions.”
Petrodollar collapse and treasury dumping: Moriarty says China, Japan, the Philippines, and the six GCC countries are dumping treasuries and he expects it to continue, calling the breakdown of the oil-for-military-umbrella deal “catastrophic for the US Treasury bond market” with the 10-year yield breaking above resistance.
Suppressed oil prices and SPR depletion: He cannot rationally explain why WTI trades below $93 despite a 13% production cut and 15% of global supply at risk, points to a 53% gasoline price increase, and condemns draining the SPR to keep European prices down as “oil suicide,” noting Europe faces a guaranteed natural-gas crisis next winter.
The Iran war and casualty cover-up: He brands the conflict illegal, “a war of aggression,” and the supreme war crime, asserts the claim of 13 American deaths is “100% lie,” cites 42 destroyed US aircraft and Iran’s reported ~3,000 dead, and references Robert Kagan conceding Iran won and the US failed all four objectives.
Gold, silver, and currency debasement: Moriarty insists anyone not owning gold or silver is “making an absolute giant mistake,” cites gold’s rise from $2,067 (pre-1933 he quotes $20.67) to near $5,500, draws a Weimar Germany 1922–23 parallel, and credits Trump for rebuilding a US mining industry that fell from 28% of the economy in 1929 to under 2% now.
World War III risk: He warns the world “could be in World War III in a week,” with Putin reportedly considering taking the war into Europe (targets in Germany, Romania, and Poland) and Iran threatening to export attacks to Greece, Germany, and Romania, an escalation that would invoke NATO’s Article 5 and could cause deaths “in the billions.”
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