Veteran trader Peter Brandt has described the current volatility in the precious metals market as the most significant of his career. Brandt, known for accurately predicting the 2018 Bitcoin crash, expressed uncertainty about future price directions, despite having taken bullish positions on silver since mid-2024. He acknowledged capturing part of the market movement but admitted to not fully understanding the situation. Brandt also referenced his mentor Dan McKee, suggesting that the market's extreme fluctuations are unsustainable. He emphasized the inherent risks in the current environment, indicating that such volatility is unlikely to persist.