Peter Brandt Describes Current Precious Metals Volatility as "Biggest in My Career"

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Release Time: 01/29/2026 04:46:00

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Summary

Peter Brandt, a well-known trader and chart analyst, called the current precious metals market volatility the biggest of his career. Speaking on January 29, 2026, he admitted uncertainty about the future price direction, although he had been bullish on silver since mid-2024. He said the market volatility surprised even him. Quoting his mentor Dan McKinley, Brandt warned that the trend is overextended and unlikely to continue.

BlockBeats News: On January 29, Peter Brandt, a renowned trader and chart analyst who successfully predicted the Bitcoin crash in 2018, posted a statement saying, "I have absolutely no idea where the prices of precious metals will go. This is clearly one of the biggest market fluctuations of my career. Although I captured part of it (as I turned bullish on silver as early as mid-2024 and took long positions), I did not fully grasp the situation."

Peter Brandt also quoted his mentor Dan McKee, hinting that the precious metals market is currently fraught with risks: "This move has gone too far; the market won't allow such extremes to persist for long."

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