Craig Hemke - Precious Metals Surge, Dollar Weakness, and Silver Breakout Signals

We kick off June with a powerful move across the precious metals complex, as both gold and silver surge higher, defying expectations of seasonal weakness. In this KE Report Daily Editorial, Craig Hemke, founder of the TF Metals Report, joins us to break down what’s driving the action, why silver’s breakout matters, and how this rally could evolve.

 

Key themes covered in this interview:

• Gold rallies $83 and silver jumps 5%, signaling strength despite flat equity markets.
• Craig highlights the summer rally potential, spurred by a falling U.S. Dollar Index and positive technical setups.
• Silver’s breakout above key levels may be activating algorithmic buying and could spark broader momentum across miners.
• Craig sees a shift in sentiment as investors revisit mining equities, especially after Q1 earnings and improving margins heading into Q2.
• Discussion includes CoT reports, open interest washouts, and hedge fund positioning.
• The interview also touches on macroeconomic signals, potential commodity rotation, and geopolitical catalysts impacting safe-haven flows.

 

Visit TF Metals Report for Craig’s ongoing analysis