John Johnston: America's New Bull Market and the Unknown Top for Gold

Tom Bodrovics welcomes John Johnston (JJ), a seasoned trader with over 47 years of experience and 30-Years on the Comex and Nymex.

John expresses a bullish stance on gold, emphasizing its long-term potential despite near-term volatility. He acknowledges silver's struggles due to contango and high costs but remains optimistic about its eventual rebound. He also highlights his bullishness on bonds and the U.S. economy, crediting President Trump for fostering positive change and balance in the financial system.

JJ's trading strategy revolves around technical indicators like the slow stochastic oscillator and Wells Wilder’s directional movement indicator, which he applies across various markets. He stresses the importance of position sizing, risk management, and understanding one's limitations as critical components of successful trading.

The conversation delves into broader economic themes, including Trump's policies on taxation, tariffs, and antitrust measures, which JJ believes could redistribute wealth more equitably. He also touches on risks such as geopolitical tensions and potential recessions but remains optimistic about the administration's ability to navigate these challenges.

John critiques the Federal Reserve's dual mandate, arguing it should prioritize protecting the dollar and banking system. He reflects on the historical significance of current events, likening them to pivotal moments in American history that will shape the nation's future.

Time Stamp References:
0:00 - Introduction
0:57 - Current Market Thoughts
3:30 - Comex Experience
11:23 - Gold Bull & Sentiment
15:00 - Crude / Gold Ratio
24:46 - Trump Policies & Risks
34:48 - Silver Scenarios
39:50 - Manipulation & Metals?
43:20 - Vault Audits & Tungsten
47:16 - Powell Challenges
53:12 - Concluding Thoughts
55:25 - Wrap Up

Guest Links
Substack: https://jj745.substack.com
X: https://x.com/Alyosha745

John Johnston (JJ) is a veteran trader for 47-years with 30-years experience with the Comex and NYMEX. Known for his expertise in energy, gold, and silver, his views are old school pit wisdom with decades of technical evolution, and a somewhat literate overview of history and maket-lore. He writes about market trends and insights on the Market Vibes Substack. He says, "As a writer, I never try to be right. I try to be honest. I never want a reader to think what I think. I want the reader to know what I know."