Other than the market collapse of 2020, gold miners are near the five-year lows when the VanEck Gold Miners ETF is divided by the price of physical Gold. Shown below are three investment divided by the price of Physical gold. Historically, the price of Gold miners trade at large discounts and large premiums to the price of physical gold. Currently the price of gold and silver miners are trading at a historic discount levels to physical gold. The investments shown are 1) VanEck Gold miners (GDX) , the largest Gold miner ETF, 2) Barrick Gold (GOLD) the second largest gold miner in the world and 3) Pan American Silver (PAAS) the largest holder of silver reserves in the world.
Why Gold and Silver miners now in three images priced over 15-years.
VanEck Gold miner ETF (GDX) / Physical Gold
Barrick Gold (GOLD / Physical Gold
Pan American Silver (PAS) / Physical Gold
The question is not, “Will I make money in gold & silver miners?” – but “When am I going to make a lot of money in gold and silver miners?”
Any number of analysts are saying the answer to
Q: “When am I going to make a lot of money in gold and silver miners?”
A: “The next three-months and lasting over the next three to five-years.
OFF TOPIC: Interesting interview that asks: “Who actually runs the US Government” – Tulsi Gabbart interview with Chris Williamson on YouTube.
00:00 Who Actually Runs the Government? 09:54 What Motivates Leaders to Go to War? 16:35 How Obvious Was Biden’s Declining Health? 24:37 Tulsi’s Unique Political Path 30:24 Why Tulsi is Popular With Conservatives 35:33 Why Didn’t RFK Jr Get More Momentum? 40:48 Does Tulsi Miss Being in Congress? 44:29 Trump’s Speech to Christians 52:03 Understanding the New TikTok Bill 1:03:20 The Effectiveness of X for Breaking News 1:08:35 Conspiracy Theories Around the Trump Shooting 1:15:10 The Left’s Relationship With God & Religion 1:24:56 Is Politics Salvageable? 1:32:08 Australia’s Voting Mandate 1:36:06 Irony of the Political Class 1:39:33 The Degradation of the Nuclear Family 1:44:47 The Truth About Project 2025 1:48:45 Tulsi’s Thoughts About Kamala 1:54:20 What’s Next for Tulsi? 1:55:32 Where to Find Tulsi
This is an Informative conversation from a former Democrat, former congress woman, now Independent voter and teller of truth as she sees it from having been a part of the Democrat party, political Candidate for US President and current member & officer in the U.S. National Guard.
LOTM Research & Consulting Service
* An account related to LOTM holds a position in this security.
Neither LOTM nor Tom Linzmeier is a Registered Investment Advisor.
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