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Peter Brandt: The rise of precious metals is one of the biggest market movements of my career. And I don't know where the prices will go

Veteran trader Peter Brandt, who has more than 50 years of experience in the markets, has confirmed that the rise of precious metals represents one of the biggest market movements of his career.

Brandt said on his account on the X platform: "Precious metals... I have no idea what the price direction is. This is without a doubt one of the biggest market movements I've seen in my career — I partially noticed it, but I haven't been able to fully exploit it as it deserves."

Sharing the advice of his CBOT mentor, Cargill's Dan Markey, who has repeated it more than once: "At some point in any big move, you're going to see that it's overkill. Markets don't allow for exaggeration forever...

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