Gold & Silver Mining Stocks

[text] Many of you have not experienced the high volatility of gold/silver. And thus these corrections feel rather painful. I've experienced so many of them over 20 years that I am immune. I always try to buy the dip and wait for it to end. It always does. We know where this goes. The

[video] Oil just reached $100. That means the S&P 500 is heading lower on Monday. We will find out whether gold is ready to decouple, or if it will follow the S&P lower. Stay tuned. The 200 DMA (6582) is likely to get taken out next week. I've never witnessed a US President take a risk

[image] The silver bull is going to buck. Expect $72, and perhaps a bit lower. 🧐

[image] I created a new list for you. These stocks would be the first 25 I would buy. So, it's my 25 Must Own List. Incredibly, none of them are pricey yet. 🧐 My ratings are based on the expectation that gold and silver will trend to $7000/$200 within 24 to 36 months.

[image] This is insane. If we see $7,000 by December, I'll be absolutely shocked. 😳

[image] The opportunity to buy Hecla is approaching. The buy window is $15 to $19. We probably won't see $15, but we could get close. Let's value Hecla at $150 and $200. This is a strong asymmetric bet if you think silver is going a lot higher. $150 silver / $6000 gold: 15.5M oz ($150

[image] Gary is a bit bullish on silver prices. 🧐

[text] 2026 Toronto MIF/PDAC Top Picks Potential 20+ Bagger at $6500 gold / $150 silver Andean Silver (Production in Q1 2028). Blue Lagoon Resources (New producer in Canada. Excellent production growth potential). Cassiar Gold (Pivoting to development. Long-term development

[image] $250 is a piece of cake? Hmm. My targets are way too low! The problem is that the numbers get wonky at $250! For instance, Andean Silver will restart their mine in Q1 2028. They will mine between 5M and 10M oz per year, depending on the head grade. Let's use 6M to be

[image] He's kidding, right? 😳

[text] Gary is calling for at least $6K gold on the next uptrend in gold. 😳

[image] Hecla Mining: Q1 results. 3.9M oz AG at $8 AISC. $144M FCF. Cash balance $588M. No debt. They paid off their existing $263M debt. Woo-woo. They figured it out. They are now well-positioned to rip to $125. Hecla is trading down in after-hours. Wall Street has completely lost

[image] 10% whack in a single day. Like I said, buckle up, the bull is going to buck. Keeping silver under $90 is important for the banksters. Above $90, and $100 becomes a magnet. Above $100 is a problem for them. But the story is gold, and gold is going higher. That's all that

[image] My 165 positions. Hopefully you can read them. 🧐 What am I missing? Which dogs should I sell?

[text] Hycroft Mining updated their resource. It's huge. Let's do a back of the napkin valuation at $7K gold. 500K/year AU x ($7000 - $2500) = $2.2B x 15 = $33B future mkt cap. Using silver as offets to lower their ASIC.

[image] My lineup. All 10-baggers. 😳 1911 Gold Talisker Gold Santacruz Silver Scottie Resources Silver Tiger Lahontan Gold

[image] The Top 4 silver miners. You should own all 4. 🧐

[image] Update from Eric Sprott. Always a good listen. 👍

[text] I agree. The gold bull market is not likely to end before 2028. Both 2026 and 2027 look extremely strong for gold. 🧐

[text] My Favorite Silver Picks Producers Coeur Pan American Hecla First Majestic Americas Gold & Silver Avino Aya Endeavour Fresnillo Hochschild Santacruz Guanajuato Developers Silver Storm Silverco Mining Silver Mountain Andean Silver Gogold Silver Tiger Discovery Sivler Vizsla

[text] You can't invest in gold/silver with the mentality that it will only trend in one direction: higher. I've been a gold/silver bull since 2004. I've endured dozens of corrections and several extended bear markets. How did I endure? Only one reason: I believe that the debt bubble

[image] $1,000? I remember when silver was at $10, and $100 was considered fantasy. I expected $100, but not $1,000. It blows my mind that some are expecting about $1,000. For instance, $5,000 gold x 10 = $50,000. 😳

[image] My Silver Stock List. Undervalued Producers Avino Americas Gold & Silver Santacruz Guanajuato Aya Andean PM Near-Term Producers Silverco Mining Silver Mountain Silver Storm Andean Silver Developers Discovery Siver Gogold Vizsla Aftermath Blackrock Silver Silver Tiger

[image] Buy silver miners. They are cheap! 🧐

[image] Is copper about to get a new reality (whoosh up)? 🧐

[image] I'm expecting $64 silver sometime in the next 1-6 weeks. Silver is likely to test the 200 DMA once Wall St realizes the war in Iran will have a messy ending. 🧐

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[text] Wrong. Sure, you can likely make a nice return on fertilizer stocks, but the silver developers (with construction less than 2 years out) are by far the most overlooked trade! 😉

[image] In a gold/silver bull market, you can find 50 home runs (10+ baggers). 😉 Most will use Stanley's approach, load up on a few, and try to pick winners. The difference is that Stanley is looking for great companies that have an edge. There are no great gold miners. There is no

[image] Who wants to buy the dip? 🧐

[image] Around $1400 per oz operating costs. Let's use 15% for energy. That is around $200 per oz. If energy prices rise 50% ($90 oil), then you get an $100 increase per oz. If energy prices rises 100% ($120 oil), then you get a $200 increase per oz. Then, if inflation kicks in, you

[text] Top 10 Silver Producers, ranked. 😉

[image] Clive Maund has targets of $3500 for gold and $55 for silver. Ouch. Let's hope he is wrong. 😳

[image] This is the trade of this decade, and most will miss it. 🧐

[image] We are close to a bottom for this 3+ month correction in gold/silver/miners. 🧐

[image] Here is a 10-bagger list. 🧐

[image] Who else bought the breakout in 2022? 🧐 Keep an eye on Vizsla. My guess is they are about to do the same thing (turnaround and rip higher).

[video] Notice the one lady quickly leaving. She is in the 1% club -- who sees what's coming. Are you in the 1% club? If you don't own any gold/silver miners, then the answer is no. 😳

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[image] Rubio: "The war will only last 2-4 more weeks." That sounds like we plan to walk within a month, even if we don't get a deal to open the Strait. Or, we will accept a bad deal. The chance of a good deal in 2-4 weeks seems unlikely. My reaction: The US economy was already

[image] The next few months will be interesting. 🧐

[text] Does this mean that my $200 target is too low? 🤔

[text] If oil averages between $100 and $85 in Q2, we should see AISC for gold/silver miners rise by about $100 to $200 per oz. If the average is between $100 and $120, it gets uglier -- $150 to $250 is my guess. The key is the gold price. If gold averages above $5200 in Q2, then

[image] This is the final battle I keep talking about. Gold is going to win. 😉

[image] This is why the war will likely be over in the next 2-6 weeks. 🧐

[text] Mid-Week Macro Gold dropped $150 today to $4847. It is now down 13% from its ATH. Silver is at $76 and dow 36% from its ATH. The HUI is at 753 and down 22% from its ATH. The S&P 500 is at 6624 and down 5% from its ATH. Iran is causing havoc. As I have been saying, we can expect

[video] This applies to gold/silver mining stock investors. 🧐

[image] JRB and I agree. Gold is likely going lower over the next 1-2 months.

[image] My winners today. I'll continue to post these lists until at least a few gold/silver miners get pricey. So far, everything remains cheap.

[text] Here is your buy-the-dip list. 😉