The Golden Age Of Precious Metals Mining Has Arrived

We are entering the gold age of precious metals mining.

Mining is an inherently risky business involving multi-year permitting processes, expensive exploration, political risk, and more. However, when mining works, it works in a big way. And due to the explosive moves in precious metals prices over the last two years, we are entering the golden age of precious metals mining.

Let me explain…

Two years ago, gold was trading at $2,250 per ounce while silver was trading at $30 per ounce. Today, these precious metals are nearly twice this price at $4,500 and $75 per ounce, respectively.

Based on this, precious metals miners with low-cost structures are about to experience an extraordinary wave of profits. Indeed, as Tavi Costa notes, precious metals miners are currently experiencing the greatest profit margins of any sector in the market (including tech).

As a result of this and other factors, precious metals miners have been CRUSHING stocks throughout this period. And by the look of things, this outperformance is just getting started.