In this daily editorial, we are joined by Craig Hemke, Founder and Editor of the TF Metals Report, to dissect one of the most volatile periods in recent precious metals history. Following a historic Friday sell-off that saw silver drop over $30 in a single day, Craig shares his perspective on whether this is the end of the bull run or a standard - albeit violent - consolidation phase.
- Analyzing the Friday Flush: Craig discusses the "mind-blowing" price action in silver and gold, noting that despite the record-breaking one-day drop, silver still managed to end the month in positive territory.
- The "Warsh" Factor and Fed Speculation: We evaluate the market’s reaction to the nomination of Kevin Warsh for the Federal Reserve, questioning the narrative that a "hawkish" Fed shift is the true driver behind the metals' decline.
- Technical Gaps and Institutional Maneuvers: The discussion covers the filling of technical gaps in the GDX and the impact of month-end profit taking, option expirations, and delivery cycles on the Comex.
- Mining Stock Valuations vs. Metal Prices: Craig explains why the fundamental outlook for producers like Agnico Eagle, Newmont, and Kinross remains incredibly strong as they move into a quarter with significantly higher average selling prices.
- Long-term Conviction vs. Short-term Volatility: A look at the difference between trading momentum and long-term investing in a system where the dollar continues to lose value against the "stable unit" of gold.
Click here to visit Craig’s website - TF Metals Report - https://www.tfmetalsreport.com/
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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
