Uploaded May 2026 | Updated September 2026, 2 weeks ago
Patrick Karim joins Darrell to break down the charts across bonds, the U.S. dollar, precious metals and much more. Patrick argues that investors may be too focused on gold and silver after major moves higher, while bond yields and other markets are starting to show cleaner breakout opportunities. He explains why the U.S. dollar is not necessarily breaking down, why gold and silver may need more time to digest their gains, and how he thinks about rotating capital toward markets with fresher setups instead of chasing assets that are already stretched.
Follow Patrick:
https://x.com/badcharts1
northstarbadcharts.com
Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: linkly.link/26yH9
Sign up for Jay’s newsletter at 2ly.link/211gx
0:00 – Intro
0:32 – Bond Yields, the Dollar, and Market Narratives
2:17 – Fed Funds, Euro Rates, and the U.S. Dollar
5:48 – Why the DXY Is Not Breaking Down Yet
7:06 – The 30-Year Yield Breakout
10:08 – Yield Curve Control and Market Intervention
12:17 – TLT, Bond Weakness, and Trade Setups
16:09 – How Patrick Would Play Rising Yields
18:04 – Silver Looks Stretched After a Major Run
23:04 – Long-Term Silver Trend vs. Short-Term Trade
27:41 – Gold Enters Correction Mode
30:43 – When Patrick Would Buy Gold Again
33:16 – Are Gold Miners Still Attractive?
40:25 – Copper and Copper Miners
43:02 – S&P 500, Russell, and Equity Market Risk
45:43 – Agriculture
48:27 – Memory Stocks, and AI
51:25 – Patrick’s Website and Final Thoughts
Copyright © 2026 Cambridge House International Inc. All rights reserved.
Patrick Karim joins Darrell to break down the charts across bonds, the U.S. dollar, precious metals and much more. Patrick argues that investors may be too focused on gold and silver after major moves higher, while bond yields and other markets are starting to show cleaner breakout opportunities. He explains why the U.S. dollar is not necessarily breaking down, why gold and silver may need more time to digest their gains, and how he thinks about rotating capital toward markets with fresher setups instead of chasing assets that are already stretched.
Follow Patrick:
https://x.com/badcharts1
northstarbadcharts.com
Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: linkly.link/26yH9
Sign up for Jay’s newsletter at 2ly.link/211gx
0:00 – Intro
0:32 – Bond Yields, the Dollar, and Market Narratives
2:17 – Fed Funds, Euro Rates, and the U.S. Dollar
5:48 – Why the DXY Is Not Breaking Down Yet
7:06 – The 30-Year Yield Breakout
10:08 – Yield Curve Control and Market Intervention
12:17 – TLT, Bond Weakness, and Trade Setups
16:09 – How Patrick Would Play Rising Yields
18:04 – Silver Looks Stretched After a Major Run
23:04 – Long-Term Silver Trend vs. Short-Term Trade
27:41 – Gold Enters Correction Mode
30:43 – When Patrick Would Buy Gold Again
33:16 – Are Gold Miners Still Attractive?
40:25 – Copper and Copper Miners
43:02 – S&P 500, Russell, and Equity Market Risk
45:43 – Agriculture
48:27 – Memory Stocks, and AI
51:25 – Patrick’s Website and Final Thoughts
Copyright © 2026 Cambridge House International Inc. All rights reserved.
