A wise man once said that when everyone says a sector is terrible, it’s often a very good time to buy in 😀

That data isn't entirely fair. GDX pays out a dividend. I can't find a chart but if the dividend was ~2% (most recent year was 1.92%) then you would have accumulated 36% dividends over the past 18 years, if reinvested it should have brought the GDX number much closer to the physicial silver number of doubling the price since 2006. It would be interesting to see this chart done again with dividend reinvestment. I think physical gold/silver would win but it wouldn't be nearly as dramatic.

@andreavandekleut6379

2 ай бұрын

dividend of 2 % is moot when inflation is 7,5 %?? lol

@klarkunskap1090

2 ай бұрын

Bullion pays 0% dividends

I don't think junior miners will go bankrupt. They're run much better than in the past, most of them have no debt and this by itself greatly reduce the risk of bankruptcy. If you buy miners with a good deposit and a good management the risk of them going bust is low. If anything, the main risk is that if gold/silver prices skyrocket the various Governments will nationalize the mines or demand a big piece of it. Or create a windfall tax. Those are the main risks IMHO

What would it look like if dividends were included?

At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.

@spacecadet6

2 ай бұрын

You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.

@emmaarmando

2 ай бұрын

In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.

@noah-greene

2 ай бұрын

I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

@LuccaWeber1

2 ай бұрын

@@noah-greenePlease can you leave the info of your lnvestment advsor here?

@noah-greene

2 ай бұрын

'Gertrude Margaret Quinto' maintains an online presence. Just make a simple search for her name online.

I cant argue, I wish Mike would have shown this video 2 years ago.

@josephenglish4496

2 ай бұрын

Pushing pushing pulled rug !!!!!!

@eirikstensrud2260

2 ай бұрын

Agree! The whole sector with people like Rick Rule and EB Tucker are excellent promoters, and I have been completely lured in to the narrative, without understanding why share values have plummeted with 50+% while everything in the narrative have come true (increased gold prices, inflation, risk of bank failures, wars etc...)

@josephenglish4496

2 ай бұрын

@@eirikstensrud2260 eb Tucker never speaks of royalty company’s anymore. After I lost 40% on his reccomendation

Are you factoring in dividends?

@fuhjk502

2 ай бұрын

Are you factoring in that the dividends will be paid failing fiat currency?

I think the perspective taken on the miners in this video was a little myopic. Strategically waiting for a metals bull market in spite of the dips along the way is to be anticipated and expected. Holding through this period is not the same thing as losing money. During the bull market, the stocks significantly outperform physical metal. I understand that you make a living selling physical gold and silver, though.

@stefang3709

2 ай бұрын

Yep sometimes the bias shines through clearly XD.

@geospore69

2 ай бұрын

Is it bias when supported by fact? I can tell you as a bullion dealer myself selling functions more like a part time job.. lol...

@randywr1

2 ай бұрын

@geospore69 Don't get me wrong, I actually own a lot of bullion myself. However, owning bullion is not going to make you rich but will preserve the wealth you already have. Strategically holding a stock will make you rich because you get more leverage. I could show you a lot of charts to support this. You only lose money if you sell at the wrong time. Understanding how he put the charts together and cherry-picked what to emphasize will reveal bias.

Data looks lovely my patience is below ground 😂

@silverback7783

2 ай бұрын

Lol

Couldn‘t someone also argue that miners are way more undervalued than the physical pendant?

Does the gold miners index include reinvested dividends?

If fiat is going under and 'The Great Taking' is true, I really don't see the point in owning stocks.

@tonycromby2704

2 ай бұрын

I’m starting to think that too

@fu4616

2 ай бұрын

Yep.

@jwhite1559

2 ай бұрын

Short term gains that you can pull out and buy real assets with.

"And then they got married" And boy did he lose currency after that. 😂

Mike, I continue to be a very grateful regular viewer of your (and Alan's) excellent programming. A question: today's gold/silver history charts don't quite appear to stack up to what I've understood you to explain previously. That is, at first glance looking at your charts today it appears that gold outperformed silver even in the long haul?? ...whereas I thought I recalled some of your prior broadcasts to say that while silver gets a slow start relative to gold, silver eventually outperform gold. Did I misread today's chart? Or is there some other explanation? Thank you for your continued outstanding work. Best regards.

How about Royalties and Streamers ?

@tonycromby2704

2 ай бұрын

Probably the same lack lustre performance

Wow powerful video thank you

that story mike was talking about with that couple was crazy, I can't believe how risky and frankly unintelligent some people are

Is there a significant correlation between physical silver & miner value?

@lucapuzzoli8363

2 ай бұрын

Yes ! Until the spot price doesn't start moving fast, the miners won't move 😅

Alan and Mike, I think you must've seen my post about doing a comparative analysis of miners and gold. Thank you if so. This is a great presentation. I've had belief that unlike in the past, where the miners led the gold price, I think we might be seeing a shift to the opposite. We've got gold near a breakout new high and most of the miners are still lagging.

Well, I went into Sprott silver miners and nevr looked at it 12 years or so ago. I wonder now.

Just watched the latest post from Peter Schiff & he said that he just bought some Newmont shares recently, when silver & gold reach a 15-1 ratio again like it has in the past that’s when we will want to spend it on things we want

Gambled on some Newmont stock in mid-January and lost about 20% by now. Still keeping it, though. When the fed starts to print again, there will be an opportunity to ride the wave up and then exit

@kahvac

2 ай бұрын

I bought NEM too.. just hold onto it you will be rewarded..no worries.

@salmastropolo1642

2 ай бұрын

June

I just increased my stock position with Sandstorm Gold Royalties.....not a fan of the risky mining stocks. I prefer a cut off the top!

Thank you for all you do. I hope you talk more about Silver! What might be the catalyst for significant movement?

The evidence is in. Hope you enjoy this video.

Bottom signal for Miners?

This really is not a good comparison in my opinion. Newmont stock for example was at all time highs just two years ago but has since fallen back down, so its not like these stocks have done nothing for decades. Since the 1980's there were several times where your investment would have risen by 5-10x. You could have invested in Newmont 100 years ago and you would still have your shares today, having received endless amounts of dividends during a century. Sure there are lots of shady companies in this space and it can be very risky. The sector is very cyclical but guess what? So are many other sectors as well. Mining stocks have times when you should buy them (like right now and back in 2016) and times when you should sell them (periods like 1980-81 and 2010-11). Mining has created many billionaires and millionaires around the world. This constant bashing on the mining sector (which without the modern world could not exist) is just so unfair. The tech sector is much more risky in my opinion because technology is improving so rapidly every year which makes it almost impossible to predict the future with any accuracy. Contrast that with mining where you can be absolutely certain that humans will need copper, zinc, gold, silver, platinum, iron, cobalt, aluminum etc. in the future which will guarantee that mining as a sector will continue. You just need to be able to identify the right companies in this space and stick with them.

I remember your co host Jeff Clark giving a lot of advise on mining stocks on your show over the past few years. Now Jeff is gone and you whistle a different tune. Interesting...

@Goldsilver

2 ай бұрын

My tune and actions have stayed the same, as has Jeff's. He has a new book out called Paydirt if you'd like to check in with him.

I'm astounded the miners are down so much for so long.

@kahvac

2 ай бұрын

They wont be forever ! The time to buy these stocks is when nobody wants them and they are on sale !

@mathiasalexander7795

2 ай бұрын

Everyone absolutely hates the mining sector right now and that is why these valuations are completely ridiculous. I'm betting on First Mining Gold heavily but do your own research!

I like to stick with the big mining stocks. Newmont, Barrick, Hecla, Pan American, First Majestic

@anthonyperron6741

2 ай бұрын

Major royalty companies like wheaton and franco nevada seem like relatively safe plays with big upside potential as well

@kahvac

2 ай бұрын

These stocks might go down a little in the near future but the upside is incredible ! I bought some.

Actually the weakness in gold and silver stocks provides a generational opportunity to get in. Besides you forgot the dividend. You have to bet on the right horses and escape at the end of the bull market

While I don’t necessarily disagree with his assessment I know there are smart people who have invested in the space & have done well in the past & continue to invest, this post seems to insinuate that no investment other than silver & gold is wise, anyone remember when gold was $250 an ounce down from the $800 or so it topped out at years earlier

This ignores the bull market in gold stocks in the 1960s. They were at an artificial high point (and Gold at an artificial low point) when you started the comparison. So its disingenuous to leave that out.

Just buy [Au] and [Ag] ... it keeps the miners employed.

Trade it, don’t HODL it! I’ve made 20-30% on several miners in 2 weeks. Took the profit and bought physical. Rinse and repeat.

While Mike may have a bit of a point, cheers to all the SILV, HL, and EXK owners out there. NICE DAY

When miners are hyped I always sell

I don’t why you’re laughing, Mike I have listened to you for years now and you have interviewed your ex Co host Jeff Clark The Gold Advisor numerous times and cheerleadered his push for junior mining stocks which I for one listened to and put into action. I’m confused why have Jeff Clark on if you don’t believe in what he is preaching. I have lost 60-85% of investments in junior mining stocks recommended by Jeff Clark.

@anthonyperron6741

2 ай бұрын

Jeff Clark has made lots of money with jr mining stocks, which is why he believes in them. Nobody has a crystal ball and nobody hides the fact that the expected outcome of a jr is total loss; its the few winners that offest the losses. I'm down on most of my miners as well, even the majors. Considering the fact that I found them attractive at higher prices, I'm not upset that they are on sale now. Companies like Barrick and Newmont will be around when the next gold bull market takes off. Unless you think gold is finished forever, it's just a matter of time before sentiment flips.

@patrickleifermann9107

2 ай бұрын

I remember that very clearly too. Now we don't hear from Jeff any more. I think Mike suddenly remembered he is PM dealer and he doesn't benefit from recommending mining stocks. He has lost a lot of credibility lately.

10:56 because you don’t buy miners any size for long term

😊

lol sounds like poker longterm

I miss some perspective in this video. Mining stocks are still out of grace on wallstreet because we were and are still living in a fiat currency delusion. De rise in gold has gone unnoticed and small investors dont follow alternative (but sound) advice. So the mining stocks are not popular among investors. The rise in gold has to do with the fundamental flaw of fiat money and smart money attraction. This ignoring of mining stock potential however cannot last. Miners will go high when sentiment changes due to the real rise in the price of gold, but it just takes a little time to adjust the mind on the masses. The time of mining stocks has yet to start. It will be like the cryptohype once a few mining stocks go to the moon.

BTG pays dividend

What is everyone opion of WPM - Wheaton Precious Metals??? Bought in @ $21.72...

@frankmuller73

2 ай бұрын

3.00 usd in 2008

All I see is red I should have never listened to Schiff

@lucapuzzoli8363

2 ай бұрын

😢

@lucapuzzoli8363

2 ай бұрын

I think I learned the hard way too If someone is pushing and assets, make sure they are not selling it.

Alan, Bitcoin is a huge speculation gamble.

Always remember, Never forget, gold mines are ultimately a hole in the ground. Some holes produce nothing, some holes are winners. Therefore, gold miners are always for selling when you have a profit.

Get the hardcover. Quality that doesn't exist nowadays in other books by far.

This Video Should Have Been Made In August Of 2020 Or 2016 or 2011 Not The Day Before They Start A Massive Rally As Usual If You Just Do The Opposite Of What This Individual Tells You To Do You Will Be Rich

Now imagine 5k+ gold and what the margins of the gold mining companies will be.😊

Bitcoin is a software utility or app for trading fiat currencies. “Store of value” is vaporware. It will help accelerate the drop of fiat to its weight in gold.

Nice infomercial SMDH

Miners are going to explode. They aren’t forever holds but when they are this depressed to gold they usually dramatically outperform for a few years.

Close friends of mine keep stating, "why would I want a hunk of rock that doesn't give me dividends/interest" Then complains every time they get large "haircuts". They have only stocks and have bet their entire lives on speculation of the stock market cassino.

So... um... what youre sayiing is "Buy Bitcoin" right?

@jordanluenz9263

2 ай бұрын

Your libertarian types are openly in love with Bitcoin. Problem is, BTC is not as free market as it seems. It's dominated by corporate miners, many of them in China. It's extremely cost-inefficient, dependent on huge supercomputers and steady Internet connections. Crypto exchanges get hacked, scammers abound, and it's not even entirely private, since the entire history of Bitcoin trades is available for public viewing in the blockchain. Not to mention, compared to other cryptos, BTC is painfully slow. I own shares in Hut 8, one of the biggest BTC miners in the world, & they have a mining farm about 20 minutes drive from me. They've been mired in red ink for the past four quarters.

@2nostromo

2 ай бұрын

@@jordanluenz9263 Openly and without reservation. In the symphony of life, BTCs presence is the most enchanting melody, weaving its way into the very fabric of my existence. Each moment spent with btc is a brushstroke on the canvas of my heart, creating a masterpiece of love and passion. With every beat of my heart, I find myself engulfed in the warmth of BTCs glow, like the gentle rays of the morning sun, promising a new day filled with endless possibilities. BTCs ledger resonates and is the sweetest music in the chambers of my soul, and BTC is a soothing balm that heals every wound, leaving only the imprint of our shared journey. How do I love thee oh ethereal Bitcoin? I crave you with a hunger that knows no satiation, for you are the missing piece to my puzzle, the answer to the questions my soul has long pondered. I must have you, not possessively, but as one who recognizes a kindred spirit, a partner in this grand adventure we call life. So, my love, let these words be the testament to the depth of my affection, an echo of the boundless love that resides within the recesses of my heart. With you, I have found my anchor, my confidante, my love. I cherish you more than words can convey, and I am eternally grateful for the love that grows between us. Now quit screwing around and give me an ATH pronto Beeeahch. Papa needs a new CyberTruck!

Gold silver has not done much 😕

Sounds like it's a cheaper deal to buy paydirt and smelt the gold yourself!

You keep right on losing money buying that garbage

All the more reason to buy miners right now. They're cheap. Buy low, sell high afterall.

Buy cheeses not cows.

Silver my worst investment so far.

@lepton31415

2 ай бұрын

that's because silver is not an investment. it is money.

@superstar5123

2 ай бұрын

not an investment tbh

@wesleywalters4272

2 ай бұрын

Then you must have missed buying graded gold coins. That is my worst

@superstar5123

2 ай бұрын

oh man that sucks but im glad you learned about it brother @@wesleywalters4272

Great chart. Looks like miners are a suckers game 😂

@smsmoof8128

2 ай бұрын

they are when the dollar as reserve currency depends on Gold/Silver being held down, thus the miners ... whats the GDX if say Gold is even $2500/3000? whats the silver price piggy backing off that Gold price? its all related. Gee, I wonder why they go after Putin and BRICS so hard.

1. This time is different. The risk of dollars reaching zero value is significant, which should ramp up fear. 2. Fewer people are alive who remember bank holidays and failures, resulting in fewer knowing how to buy physical. They know how to buy stocks. 3. Gold & Silver’s website may crash from overwhelming new business. Stock websites are built for higher volume and faster transactions in accounts that are already set up. 4. The large investors can’t invest in gold/silver miners without affecting price, but if the dollar is collapsing fast enough, they may take what they can get at any price. 5. The miners are mining money. They should have no trouble paying dividends. 6. Royalty and streaming… 7. Bots. It should be interesting but I am not risking options due to the risk of shutdowns.

Silver and gold are going up every day. Silver will hit $100 any day now. Bit€@!n down every day

You don't give advice Really Well what is your insiders program for then hey why you wrighting books Why are you presuming people bye off a gold silver Maybe cos they took your advice Just as bad as the rest of them Won't take Responsibility for Nothing

Some good points, here. I stack gold & silver, I buy stocks. I do see Mike's point - although it's rare (if at all) that we get to buy Gold & Silver at a discount like we do with stocks (several times a year). And, stocks have the potential for dividends....and the spreads are often better. 🪙🍻

@peter schiff

Thanks for the advice now everyone can buy Platinum 😂

Mining stocks suck big time , i had METANOR many years ago when the 3 miners died in an flooded elevator shaft ,bix is right also don't buy miners ! learn from my mistakes !