Gold & Silver Mining Stocks

[image] Silver Storm Mining @TSXSVRS promo.

[text] This is good news for gold/silver miners. Copper prices are likely to rise over the next 6-12 months. Many gold/silver miners produce copper as an offset metal to lower their costs. 😉

[image] Many of you are likely experiencing this today. It's not necessarily a bad thing to be down 50% -- if you own the right stock. 😉

[text] Nothing stops this train. 🧐

[image] China and Russia do not allow the export of gold bars. Who's next? 😳

[image] Hecla paid off its debt last week. Today it was up 11%. Do you think that was a coincidence? I don't. 😉

[image] The gold/silver bull decided to buck again today. No posers allowed. My current floor is $58 for silver and $4200 for gold. My expected 2026 next cycle low range is $58 to $68 for silver and $4200 to $4400 for gold. We could reach those cycle lows at any time between next

[image] Gold down $40. What did Lil Sis do? Down $4. Big Brother sets the tone. So much for that breakout in silver. Silver does not run on its own. Never has and never will. Gold is waiting. For what? The fear trade. It's coming. The decoupling is getting closer. Gold does not

[text] Hecla Mining: Q4 results. 3.8M oz AG at $12 AISC. Guidance for 2026. 15.5M oz AG at $15.50 AISC. FCF run rate $700M. FCF multiple 20. Cash balance $242M. Debt $275M.

[image] This is the only chart that matters for gold/silver investors. We are waiting for 1 to 1. 🧐

[image] I would use January as the starting point for this correction, and not March. January is when we had the last ATH in gold. February was a dead cat bounce after the bloodbath in late January. We have not recovered from the January sell-off. 🧐

[image] Some Mexico risk-aversion. 🙄

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[image] Below is a new video out by Jordan Roy Byrne (@TheDailyGold). He makes a good argument that this current correction in gold will end before July. Since 1970, corrections during a gold bull market have never lasted more than 5 months. So, if history rhymes, the current

[image] Once the selling was done, this was inevitable. Gold is the new buy-the-dip asset. 🧐

[image] Another -6% day for gold/silver miners. Gold down $117. Gold is down 20% from its ATH. Silver is down 45%. HUI is down 27%. The bull is bucking. If you want big alpha, the bull won't let you have a free ride. Pain will be involved. Lots of bruises. I will repeat, the best

[text] If you think CDE's FCF is an anomaly, then take a look at Newmont ($3B FCF in Q1), which trades on the S&P 500. It's ignored. 😳

[text] Enter the 5-4-3-2-1 contest. Turn $7.5K into $3.7M. Note: You do not need to join my Substack to read this article. It is open to the public.

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[image] Nice chart, but Pan American's revenue is only around 27% silver. It was down to 20% before the MAG Silver deal. 🧐

[image] Hycroft likes these results.

[text] Mid-Week Macro Gold and silver were up big on Friday and Monday, then crashed on Tuesday. The HUI reached a new ATH on Monday at 978. Today it closed at 902. That is a 7.7% correction so far this week. Let’s see how we close on Friday. The war in the Middle East is supposed to

[image] The gold/silver/miner bull decided to buck hard today. I'm sure many are heading to the sidelines and can't take the pain. To review my next expected cycle low for 2026. Gold between $4200 and $4400. Silver between $58 and $68. This could happen now, or in Q3/Q4. I hope to

[image] All of the gold/silver producers with no debt, excluding small producers.

[image] In a gold/silver miner bull market, you want to buy the dips. We should continue see higher highs and higher lows. 700 clearly looks like the new floor. Soon, that will become 800, then 900, then... I think it is heading to at least 2000, and probably 2500. 🧐

[video] When Stanley speaks, you should listen. Other old guys who think the market is overvalued: Buffett, Grantham, Rogers.

[image] I often think CFOs have lost their minds. 😂

[image] G Mining Ventures: Acquired G2 Goldfields with a 72% premium for $10.64 CAD share. They paid $2B or $500 per oz at 4M oz. Do you realize what this implies? If gold prices trend higher, all of those large development projects in Canada are worth a fortune. 😳

[image] I added more shares today because I was underweight versus what they have. I consider it a spec bet, but I like it because of their Mexico deposit, which they are trying to permit. One of their projects is likely to get built. So, it's a 2 for 1 stock. You get 2 projects for

[image] I own the top 4. Incredibly, they remain cheap.😉

[image] Newsletter Favorites (90 stocks) reviewed in 20 minutes using the new GSD defaults of $7000 gold/$200 silver.

[image] Chart of the day. 🧐

[image] Equinox Gold results. This is how all companies should report.

[image] For those keeping score: It's a battle between the S&P 500 and gold. We know who wins this war. Wall Street can pretend all they want, but they are holding a losing hand. 🧐

[image] Is that a Honey Badger? 😂

[image] Updated Mormon list. Americas Gold & Silver made the list. Paul Huet is doing a great job. This is likely the last time you will see this list with all 5+ baggers.

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[image] $6.50 copper. I remember when $4 was considered high. Copper is following gold and silver higher. 🧐

[image] Trump's strategy is becoming apparent: he wants the oil to flow. He could have bombed their oil infrastructure. He could have bombed their cities. He didn't. He only threatened. The threats have not worked. Talks have not worked. All that's left is an embargo to cut off Iran's

[image] First Majestic Silver: Jerrit Canyon restart planned for H2 2027. Feasibility to be released in Q4 2026. Current resource 7M oz. I expect at least 125K oz production, ramping up to 200K/year.

[image] 8% up day. My big winners today. I post these to show you the early winners in this gold bull market. The early winners will likely also be the big winners.

[image] My MIF presentation today.

[text] Billionaire logic. Hint: He's right. 😉

[image] Does this mean I'm a contrarian? 😂

[image] This is why gold has been rising and will continue to rise. In fact, it's the only reason. 🧐

[image] The gold/silver bull is bucking hard today. You need strong hands to hold on. 🧐

[text] Know why you own gold/silver miners. Don't think like an investor who is trying to steadily make money Qtr after Qtr, Year after Year.  Think about the prize. Be patient. Wait for everything to align.  The key is to prepare for the outcome and not to aggressively try to create

[image] Agnico Eagle: Acquired a mining district in Finland. Paid $2B for Rupert Resources, paying $400 per oz for 5M ozs. Paid $350M in cash for Aurion Resources. Paid $325M in cash to B2Gold for their Finland properties. Let the big dog eat!

[image] History is going to rhyme. 🧐