Top Gold & Silver Mining Stock Picks | Precious Metals Analyst Jeff Clark
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- เผยแพร่เมื่อ 14 พ.ค. 2024
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For the recent Wealthion conference, analyst Jeff Clark produced a detailed update of his forecast for the precious metals mining stock sector, inclusive of the stocks he favors most right now.
It includes an update on his GDXJeff portfolio, which he has compiled to compete with the popular GDXJ junior mining ETF.
Jeff’s video was offered as bonus content, and he’s kindly agreed to let us make it publicly available now so that those who didn’t register for the conference can get a sense of who in-depth the material shared during that 9-hour event was.
If after viewing this video you’d like to purchase the replay videos of the FULL conference, you can go to wealthion.com/conference.
But for now, get out your notebooks and take good notes as Jeff shares his top mining stock picks.
Enjoy!
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#gold #silver #mining
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One thought is to buy the dip and then wait to break even, another thought is: Will buying low during a recession work if I'm retiring in the next 3years, I'm no way near prepared for retirement and I just need strategies to scale up to atleast 2million by the time I'm set to retire
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@@Oly_laura Impressive can you share more info?
@@kenanporubsky2122 My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
@Esterlyn paderanga Thanks for the info , found her website and its really impressive
@@scottjuarez9549 When does she get out of prison?
The stocks are mostly Junior miming companies and it is important to mention the high risk of investment due to nature of small market cap, daily volume, etc.
You've put in a lot of time doing all this research and as a newbie It's very helpful. Thank you
Thank you both so much Adam and Jeff. Really appreciate you posting this on Wealthion.
Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 23 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.
Dont puke😩 hold on🙏 the cavelry is comming💃
Great stuff!!!!
Thank you Jeff!!!
Thank you Jeff, always very generous with your knowledge and information. Thank you Adam for hosting.
I own FNV for years. One of my best picks ever.
Two points.
First, I agree that gold stocks are substantially undervalued. However, when stock markets correct down, gold stocks also fall as institutions sell everything to increase their liquidity.
Second, the US will have to reduce it's escalating debt which has become unmanageable. The only way possible way out is a debit jubilee. With that, the only simple practical least damaging way out is to pay off large chunks of debt with printed money. This will be extremely inflationary and will cause gold to explode up in price. To address this, the US and it's European colonies will impose punitive capital gains taxes on hold holders. This will be easier than gold confiscation that the US has done many times before. Of course, this would cause a major drop in USD exchange rate against the Yuan and Rubble, both gold backed. Commodity prices will also rise substantially.
May I add that we face a gigantic stock market crash, which as you pointed out will force down the price of gold as a result of selling pressure to maintain liquidity. The global economy will head down with the markets and I don't expect it to recover for 5 or so years if we are lucky and perhaps more. At the same time the world is de-globalizing, manufacturing is leaving China and returning to North America due to cost and political reasons. This will require investment which will cushion the US and Mexican economies, but harm China's.
The two biggest retail buyers of gold are China and India. I am not certain how large the effect of these countries buying behaviour influences markets compared to institutional investors in gold, but I don't imagine that it is trivial. During a recession in these countries a lot of gold is sold. If China's economy then doesn't recover the price of gold may not either.
It could be that the price of gold does not recover after a deflationary event as predicted.
All the best.
As a long term gold investors I am in full agreement with your comment. I am not worried about confiscation but taxes will be huge. How taxes are handled for 410k or IRas I am less clear about. But gold north of $5k and windfall taxes of 75% are almost guaranteed. Yes in a market crash the stock could go down but not by much before they rebound with the gold price.
Thank you Jeff for your wonderful timely presentation
I really appreciate heavy analysis report
I am a beginner in mining stocks as I focus on the purchase of gold and silver coins as an insurance policy
But Jeff I know that gold and silver are set to move upwards though they are heavily manipulated
Awesome info! Thanks!
All these negative comments just proves that this is the time to buy. While everybody else here is complaining about it and can't handle the short-term losses
This was excellent, thank you!
With the economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
Jeff, would you know what is happening with First Majestic's tx problem in Mexico please? Thanks Tony
There is a difference between investing based on price and buying a business with potential. I focus on the business - drill results, etc. I have many positions that have derisked since Oct 2020 but the share price is off 60% or more. I just keep averaging down with new capital whenever the sector sells off 25% or more. Last big buys were in late September and kept adding adding to lagging companies through December. I am looking forward to my results over the next 3-5 years. There are lots of great companies to consider so I have a set of criteria to follow....been using this bear market to improve quality.
What are some of your favorites in your portfolio? And why? If you don't mind sharing :)
Great info, thanks
Thank you!
Thank you very much...
How do I get Jeff's bulletins?
You have some bad picks.
KCG and PAAS.
Easily PAAS is the best investment 514M oz of silver and is currently at a short interest of ~75% with a 7 day cover period. If/when gold or silver shoots, it's going to pop, huge
Thanks to Jeff Clark and Wealthion for providing this. I tried to buy several of the stocks mentioned but neither Vanguard nor TD Ameritrade will allow customers to purchase OTC Pink sheet stocks.
Same here. Vanguard has turned in to the Nanny State brokerage firm telling customers what they can and can not invest in.
@@PE-TX vanguard is no brokerage. TD will allow OTC stocks, charging 6.95 for Canadian, $44 for Aussie.
T. Rowe Price better, no commissions but there are sometimes fees to purchase in the OTC.
Fidelity allows purchases of some of these stocks for no fee. They are the best.
@@nomadundercover3018 Fidelity is the best?
Hey Adam, how did Jeff's recommendations on Wealthion last year do over this past year? His presentation was called "Mining stocks with 10-Bagger Potential."
They did terrible didnt they?
I'll be great to know how his last year's ten baggers did
First Majestic Silver, other advisors are recommending that stock as well. Silver is going up and it is time to own more silver miners. Fastest growth projector in 2023 and a mid-level producer, not a junior.
Too bad it's down 25% since this video. I know because I bought some after watching this video. 😞
Thoughts on Impact Silver. Currently trading at .22cents.
IPT
My mining portfolio is up 200%. I have only one dog, but it is still a strong pick. If you understand your selection, when one goes negative, know why to hold, or sell.
When comparing against the past price of mining stocks, be mindful of dilution. Many mining companies have issued new shares, meaning you should at minimum be comparing relative market cap -- not price.
I like gold and silver, but I'd love to learn a lot more before I invest in it for now I just get certified gold and silver
Please add timestamps. 🙏
Did some TA on some of these stocks and they're all facing major resistance or are under their 61.8 all time fib... not looking good from a TA perspective, unless the gold breakout actually occurs.
Allegiant Gold is the best junior miner I've come across
Just looked at these, each is down you would be down approx 30 percent on average. That is not being critical, jeff is a good man.
What about Australian gold mines?
Some of us live in Southern hemisphere
Just go out and find a big ole nugget!
Assuming gold and silver break huge, which one of these companies in position for acquisition?
Liberty Gold
Great Program. I may not agree but like the program.
So I was looking for a mentor to help me enter the mining sector and I believe that you are dynamite so I plan to follow you
Thanks for your insight Jeff.
The key takeaway is that PM mining stocks are historically never "buys" but "rentals" at most. Seems like the worst long term holding out there. That said, it seems liek we're in a good rental period right now.
I bought a few of his top picks after watching this, a few of which he referred to as easy five baggers. They just keep dropping and dropping in value. My question is... Does the five bagger part come before or after an 80% drawdown? 😬
That's very funny that's a great one no my bagger comes after the eighty percent down never thought of it the way but that's funny
I hope Jeff starts to cover Dakota Gold and Solitario Zinc. Both companies own significant land positions around the old Homestake Mine, which produced over 40 million ounces of gold during a 125-year mine life. Turns out Homestake never did much exploration in the district . . . they were too busy mining the main deposit. Dakota and Solitario believe perhaps tens of millions of ounces were left behind in the adjoining properties. Early trenching and drilling says they may be correct.
I've owned Dakota Gold since before the merger, when it was DTRC. Multi agger so far, and Friedland joining keepse interested. Tell me about Solitario...
@@frederickmatthews4259 Solitario owns two large zinc deposits, one in Peru and the other in Alaska. They are partnered with Nexa and Teck on those deposits. In South Dakota they have 33,000 acres to the west of the old Homestake Mine. Dakota Gold has about 46,000 acres to the north and northwest of the old mine. Most of Solitario's acreage is in a large forest. They used the logging trails to do rock and soil sampling. Solitario geologists went down to bedrock to get samples. Those were all anomalous for gold. Early drilling is showing good results. The stock is a fraction of the market cap of Dakota Gold.
I believe a lot or some of these stock speculators don't seem to prioritize that stock dilution is a big factor, don't buy a precious metal explorer that is highly diluted, it just dosen't make sense, many junior miners, yes miners are trading close to these highly speculative explorers. The costs to build a mine are off the charts now.
I have really enjoyed watching the videos on silver and gold, it has opened me up to whole new learning for me.
I'm fairly new to mining stocks. One thing I don't understand is how mining stocks are so cheap with a global rising demand for silver and gold since 2021 pandemic by the consumer?
These ones he just mentioned will pump for 2 days which Jeff will sell and then the following week he buys them back at a cheaper price .
Yup
Well, then wait a week and buy them cheaper.
None of his gold or silver mining stocks are listed on any of the US brokerage sites (i.e. Robinhood, WeBull, fidelity). So how can anyone even invest in these companies!?! Please let me know how to even get a brokerage account that lists any of the companies he mentioned. ( P.S. I am a US citizen and own many junior and major silver and gold mining ETFs already, but would Like to invest in the ones this man mentioned, thanks!)
Fidelity does. Make sure you search on the OTC exchange.
The issue is not the stocks mentioned - it is that Talking Heads were telling listeners to buy them when the stocks were twice as expensive as now - a case of "buy at any price".
Awesome Adam! Thanks for sharing you legend.
This time he could be right. The catalyst seems to be here. If we see gold break 2100 its game on folks
TIMESTAMPS WOULD HELP A LOT IN THIS AGE OF TECHNOLOGY!
PM shares have two major headwinds: Energy costs and high real interest rates.
Thanks
With my modest experience in the markets, I have learned that you must do the opposite of what the analysts say and that is how you will be a successful trader.
Yup, they only give you picks so you rush and they can rush out.
They already did. Those who purchase silver stocks just before the Feds released the inflation numbers, saw a 20ish percent gain. This was just over a space of 3 weeks.
I bought July 3rd, and have already taken my profits. I am waiting for the next bad report in August, and buying back in. A big gain (20+%) in 21 days is better waiting years for a peak.
Look at the period of July 3 2023 and the following 3 weeks for stocks like AG, EXK, GATO, MUX, SVM, in that period.
Silver stocks are very sensitive to the price of Silver. As Silver goes down, the price of silver mining stocks goes down. As the price of silver goes up, as it did last week (17 July 2023) the price of silver mining stocks goes up.
Let me be blunt, a 20 percent gain in 3 weeks is a GREAT return.
He’s a little outdated on AG.
I own that one, but they have already put Jerrit Canyon on hold indefinitely. They had some setbacks and only managed to get the gold AIC from it to just over $2,300.
On the positive side, they’re back to profitability and they still produce a lot of silver in Mexico.
I don’t expect Jerrit Canyon to come back unless we get a serious breakout in gold though.
It will happen within 5 years IMO, but that’s a guess from a medium-term gold bull.
Here are my 3 FSM EQX SVM 🤑🤑
How did GDX Jeff compare to GDXj last year?
Where is Newfound Gold?
newfoundland
It makes sense like it did in the past - Unfortunately, it did not pan out.
Did some TA on some of these stocks and they're all facing major resistance or are under their 61.8 all time fib... not looking good from a TA perspective, unless the gold breakout actually occurs.
Sounds like a "mined" field. Is this investing or gambling? Even if you buy the right stock at the right time, will you sell at the right time?
Thanks for the analysis Jeff - Regardless of someone’s perspectives on your picks your presentation was excellent. Thank you.
Many people chase in bull markets and then get disgusted when it nosedives and sell at a loss. Need experience to make it in Jr resource plays plus a LOT of time researching. Drill results are only 1 aspect. Metallurgy, jurisdiction, is it economic to mine, will they even build a mine or look to sell the project, are they permitted, is there a 43-101, a pre-feas, supporting infrastructure, etc, all questions that need to be asked...
You can barely see the very light writing and names of the mines
2nd, 3 April 2023
Watching this 2 months later and every single stock is down badly, except for Snowline & Artemis. Some were already down badly, man, now is even worse. This looks like a bear market ìn a bear market This is the absolute best time to buy junior miners imo. Have b**** of steel and fill your bags ;-)
Thats what Im doing! I thank my lucky stars that I only held physical until now. I would have gotten killed!
Yeah, this video didn't age well. I watched this video, then after a few weeks saw that his stock picks dropped a bunch so figured I'd buy my first mining stocks. Then they went down a lot more! He referred to some of them as "easy 5-baggers" but that doesn't count if they drop 80% first 😒
I know is best to invest in safe heaven assets cos profit level usually drops in these times, but I have been reading articles of people that were still able to gross heavy profit up to $580k during this crash...... what is the best strategy at this time
Well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.
@@kimboder482 That's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
@@kimboder482 Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up a meeting via her email
Do you ppl ever give up with this shit?
Athabasca, the uranium place?
I saw a gdxjeff video from last year... pretty sure he overhauled 80-90% of the picks... it says something about the past picks at least if nothing else
Not sure where all these Canadian companies are finding employees.
Go Gold! 🥇🥇🥇
I bought some Snowline last year for cheap. Added a lot more in recent months. Underwater overall but this I think is a Monster. There was an Arizona Silver in the late 1970s that had a low price of $0.12 and a high of $18.00 in a 12 month period (don't know if it is the same company - 160 bagger?????????).
Did it start at $18 and go to 12 cents?
Jeff is great! Thanks guys!
Do not miss new found gold nfg
Just bought some of these stocks . I paid $ 5.00 for all. I think thats a very low risk trades.
Oil up today, bad for miners.
i would love to invest in a silver mine, i have 50 million to invest, but the reason i have 50 million, plain & simple any smart person will not invest in a manipulated market that is corrupt & the doj just turns a blind eye to the scam which tells me somebody is getting some kind of kickback.
No calories in vodka!
Thank you so much for your great work and presentation
So, Jeff appears to assume that silver will outperform gold during a stagflationary period.
FUKKIGN AWESOME VIDEO THX SO MUCH
^_^`
Surprised not to hear about the Lundin family's Peruvian silver play, Silver X. Maybe Jeff hasn't heard of it? But it is the rare junior that is already producing.
Thank you !!!
Absolutely incredible presentation. Thanks guys 👍
Commodities super cycle inbound😊
Are there any good mining companies to invest in Japan？
Jeff, I just cringe every time I hear people mis-pronounce Quentin's surname. And at least half the people who ever utter his name do mis-pronounce it. His name is not Quentin HENING. I just love everying else you do and offer you my sincere thanks for publishing all the great videos and insights that you offer to the investing world. God bless you man. 👊
Before you bust people's balls about pronunciation you should get QUINTON's spelling right
Benchmark metals is also my favorite. Argo Gold is on good track, they have income now from an Oilwell and have also good gold assets.
Great more crappy pics…thankfully only bet what I could lose and I lost 50% on his past picks
Excellent! Thank you Jeff - and Wealthion!
Alexco was a very huge silver mine but shut down back in 2013. It was bought by Hecla.
please can you give us more information about the residential real estate market
Many of these I own already - so me happy!
Wait, you said you don't follow the XAU, but admitted that you think the main stream funds do. So, are you bigger than the main steam? Not. That tells me your data is skewed. Your not legit if you don't follow big $$$. Sorry.
Only 50% losses? One of the lucky ones!
Thank you so much Jeff!!! You are my guide!!!
Adam Taggart, you're jk, right? When did you decide you'd write an endorsement of this fellow's recommendations? April 1st? Did you even listen to it? OMG, it's hilarious. Take a couple of weeks off, bro. We'll still be here when you get back, rested and alert.
Gold is def the only real money.
Get out pf mining stocks or get broke
Jeff's picks are suspect, to say the least. He's been beating the drum on First Majestic Silver for a while now....what an absolute disaster.
If his picks is with the timeframe of 3-5 years, you are to early to criticize. Then you got to take the volatility of the bearmarket. Silver hasn´t gotten into the bullmarket yet.
This guy is a terrible stock picker. Took a shot at his top 10 picks from last year, 9 of 10 are down more than 50%. He's no Warren Buffet.
Ya, its crazy...glad I bought physical instead Im actually up from where I bought
Why not ask this guy how bad his predictions have been in the past show?
I do not think they want to ask !!! His predictions was NOT very good mostly a disaster. But we need to be hopefull. When they are below $1.00 they have not far to fall.
If his picks is with the timeframe of 3-5 years, you are to early to criticize. Then you got to take the volatility of the bearmarket.
@@goldenwarrior6996$1 to $0 is still a 100% loss
@@Mitchx111 Most all the MIners have done nothing in 12 years. And that also includes the Major Miners.
Mostly excellent picks