I recently attended and spoke at two mining conferences. The second was the PDAC conference. There’s an expression in the mining world: The PDAC Curse. But we may have seen the “curse” go into “reverse” this year, and that’s bullish for silver.

On Dec. 1, 2023, gold hit a new all-time high of $2,071 after three previous attempts in 2020, early 2022, and again in early 2023. Now it seems the fourth time’s the charm – making Aya Gold & Silver attractive.

Understanding the mining life cycle and ESG is valuable for investors.

Agnico Eagle has been in our model portfolio since it was added last August. It’s only up a couple of percentage points, but it does pay a 2.7% yield. Meanwhile, the broader stock market is down over 7%, so Agnico has already outperformed stocks.

I’m going to take a deep dive review of Barrick Gold, which is the world’s second largest gold producer in the world. It’s been in our model portfolio since June 2020.

I think we’re in for an inflationary shock, with potentially higher rates in the near future. As investors realize this, and watch the stock market struggle, they’re going flock towards silver. And that will help push this sector much, much higher.

War between Russia and Ukraine is pushing inflation higher still. Gold, silver, copper, oil, nickel, zinc, and nearly all other resources have all been rallying in response.

Through the past year gold has struggled somewhat as it continues to digest the strong gains of the last two years. Many wonder, has gold lost its golden touch? But remember, gold was $1,200 as recently as late 2018. It’s now almost 50% higher.

It’s been a whole year since gold hit its all-time high near $2,060. Since then, the precious metal has been in a correction phase that has seen it, along with gold miners, remain range-bound.

It’s always informative, and sometimes eye-opening, to look at asset prices in relation to other assets. It usually provides a good perspective on relative pricing.

Biden's first wide-ranging budget calls for big spending on infrastructure, education, and, of course, climate change.

Despite its recent selloff, Bitcoin remains the king of crypto currencies. Its market recently exceeded $1 trillion. That’s a long way from its humble beginnings shortly after the 2008-2009 financial crisis. 

Silver is currently at or very close to its bottom, but that its ultimate peak could well be in the $300 range. Either way, silver is headed much, much higher.

Modern Monetary Theory - MMT - is a recurring theme that’s not likely to go away. However, it's not modern, it’s not about money (it’s about currency), and it’s no longer a theory.

The silver market has rarely if ever, experienced anything like this. Demand has not only soared; it has maintained these elevated levels.

Enthusiastic gold investors everywhere are wondering…has gold finally bottomed?