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.

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.

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

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

What would it look like if dividends were included?

Are you factoring in dividends?

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.

Data looks lovely my patience is below ground 😂

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

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

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.

Wow powerful video thank you

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.

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.

The evidence is in. Hope you enjoy this video.

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

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

How about Royalties and Streamers ?

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

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!

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

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

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

Bottom signal for Miners?

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.

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

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

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.

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

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.

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...

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

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

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

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

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.

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.

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

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

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.

lol sounds like poker longterm

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

When miners are hyped I always sell

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.

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.😊

Alan, Bitcoin is a huge speculation gamble.

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.

BTG pays dividend

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

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

😊

Nice infomercial SMDH

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

Gold silver has not done much 😕

You keep right on losing money buying that garbage

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.

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. 🪙🍻

Buy cheeses not cows.

Great chart. Looks like miners are a suckers game 😂

Silver my worst investment so far.

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

Thanks for the advice now everyone can buy Platinum 😂

@peter schiff

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 !