Peter Brandt referred to the precious metals move as the "single greatest market anomaly of my career," suggesting market risk

BlockBeats News, January 29, Peter Brandt, a famous trader and chart analyst who successfully predicted the Bitcoin crash in 2018, posted, "I have no idea where the price of precious metals is going. This is obviously one of the biggest market moves of my career, and although I caught a piece of it (having been long and bullish on silver since mid-2024), I did not completely nail it."

Peter Brandt also referenced mentor Dan Morehead's words, hinting at an underlying risk in the precious metals market, "This move is too extreme, and the market will not allow this extreme to persist for too long."