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In this year-end daily editorial, Craig Hemke, Founder and Editor of the TF Metals Report, joins the KE Report to recap a historic year for precious metals and look ahead to the structural shifts of 2026. Gold closes the year with a staggering 65% year-to-date gain, while silver has outperformed, nearly doubling that figure. Craig analyzes why the traditional "Trump Trade" of a soaring dollar failed to materialize, replaced instead by a fundamental global shift toward hard assets. We discuss the "structural superfecta" - the rare occurrence of metals hitting weekly, monthly, quarterly, and annual all-time highs simultaneously - and why 2026 could be defined by a new macro era of asset monetization and yield curve control. Click here to visit Craig's website - TF Metals Report - https://www.tfmetalsreport.com/ -------------------- For more market commentary & interview summaries, subscribe to our Substacks: https://kereport.substack.com/ https://excelsiorprosperity.substack.com/ 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. Investing in equities and commodities 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.
In this year-end 2025 wrap-up, Craig Hemke for Sprott Money is joined by legendary investor Eric Sprott to dissect a historic year for precious metals. With gold up 65% and silver soaring, Eric discusses why the price of gold and silver are just getting started. From record-breaking physical silver demand in India to unprecedented delivery requests on the COMEX and Shanghai exchanges, Sprott believes the silver market is out of control—and that's just the beginning. Eric predicts a return to a 15:1 gold-silver ratio, suggesting silver could reach $300 if gold hits $4,500. They cover the latest on solid-state battery technology, China's silver export ban, and why mining stocks remain significantly undervalued despite the silver price doubling. If you're wondering whether now is the time to buy gold, buy silver, or dive into silver mining stocks, this is the must-watch podcast. With keywords like gold price, silver price, buy gold, buy silver, and precious metals investing front and center, you won't want to miss Eric's actionable insights. Note: This podcast was recorded on Thursday, 18th December 2025.
In this KE Report Daily Editorial, I'm joined by Craig Hemke, founder and editor of TF Metals Report, to break down silver's explosive move above $60, gold's ongoing bull market, and the growing wave of misinformation surrounding precious metals. Craig explains what's really driving prices higher, and why investors should stay focused on real data, not viral headlines. Key discussion points include: Silver's Volatility Above $60 - Strong fundamentals driving big daily swings, not market breakdowns. Gold's Ongoing Bull Market - Why consolidation is healthy and new highs remain likely. Debunking Silver Market Myths - Clearing up false narratives around COMEX deliveries and JPMorgan positioning. What Actually Matters - Fed liquidity, dollar trends, positioning, and seasonality over click-driven hype. Click here to visit Craig's website - TF Metals Report. -------------- For more market commentary & interview summaries, subscribe to our Substacks: https://kereport.substack.com/ https://excelsiorprosperity.substack.com/ 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. Investing in equities and commodities 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.
In this December 2025 edition of "Ask the Expert" from Sprott Money, Craig Hemke hosts Dr. EJ Antoni, Chief Economist at the Heritage Foundation, for an urgent discussion on the Federal Reserve's latest actions, including the end of QT and the surprising restart of QE-style asset purchases. With the Fed injecting liquidity back into the system and monetary policy shifting rapidly, what does this mean for the gold price, silver price, and your investments in precious metals? Dr. Antoni unpacks the real effects of money creation, discusses the weakening demand for the U.S. dollar globally, and explains how central bank gold buying continues to shape the price of gold and price of silver. If you're looking to understand how to buy gold, buy silver, or position yourself ahead of 2026's volatile markets, this podcast is essential viewing. Note - This Ask The Expert Session was recorded on December 15, 2025.
Silver just detonated. Kerry Lutz and Craig Hemke break down the explosive move that vaulted silver from the mid-$30s to almost $62, and why this breakout finally looks real. They get into the momentum shift, short covering, and the holiday-trading setup that let prices rip while the pros were off the desk. This market is waking up. They dig into historical patterns, gold/silver ratios, and why the fourth quarter into early January is primed for upside. Craig explains the Black Friday surge, the liquidity gap, and how managed money chased the rally higher. The risks — and the opportunity. From broken suppression efforts to shaky unallocated accounts, they lay out why dips are getting bought, why shorts are trapped, and why physical ownership matters more than ever. If silver's truly breaking its cage, this may be the opening move. Find Craig here: https://www.tfmetalsreport.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon! Get your copy here: https://a.co/d/bvYbZOz "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5
In this episode of Precious Metals Projections, join Craig Hemke for Sprott Money and technical analyst Chris Vermeulen of TheTechnicalTraders.com as they break down the latest in gold and silver price action. As 2025 comes to a close, silver has exploded past $58 and could be headed toward $68 or more. Gold, while lagging slightly, still shows bullish momentum with technical patterns targeting $5,200. What do these massive moves in the price of gold and silver mean for investors? Are silver stocks and mining shares set to follow suit? This episode covers everything from short-term technical setups to longer-term seasonality and market cycles. Whether you're looking to buy gold, buy silver, or understand where the silver price and gold price are headed in 2026, this is a must-watch discussion.
In this KE Report daily editorial, we speak with Craig Hemke, founder of TF Metals Report, about silver's surge toward $60/oz, strong copper performance, and how this week's Fed meeting may drive the next move in metals and miners. Key discussion points: Silver strength - Breaking above $54, triggering momentum buying and short covering. Gold's unusual back-to-back gains - Markets front-running future rate cuts and negative real yields. Copper vs. oil - What the divergence may signal for global growth. Fed expectations - High odds of a year-end cut and how a new Fed chair could shift policy. Seasonality - Light tax-loss selling this year but strong Q4 metals prices supporting miner earnings. Click here to visit Craig's website - TF Metals Report ---------------- For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ 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. Investing in equities and commodities 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.
In this daily editorial, Craig Hemke, Founder and Editor of TF Metals Report, breaks down the historic acceleration in precious metals, with Silver surging over 15% in November and now approaching $60/oz. Craig argues this sustained move is fundamentally different from past spikes and serves as a "front run" to major bullish developments anticipated in 2026. We analyze the glaring valuation disconnect in mining shares - despite record metal prices - and the imminent catch-up trade, which is part of a broader "hard asset" boom that includes Copper and Gold. Key Discussion Points: Silver's New Analog: Why the current market action is a sustained breakout, similar to Gold's 2024 move, rather than a fleeting spike. The Valuation Disconnect: Analysis of the historic lag in GDX and silver miners (SIL), signaling a massive catch-up trade is imminent based on Q4 margin expansion. Macro Drivers: Discussion on the weakening US Dollar and massive US Treasury deficits fueling the need for hard assets. The Hard Asset Trade: Simultaneous monthly high closes across Gold, Silver, Copper, GDX, and COPX signaling a major, sustained commodity trend. Click here to visit Craig's website - TF Metals Report --------------------- For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ 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. Investing in equities and commodities 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.
Is the silver market on the verge of a massive breakout? Craig Hemke for Sprott Money and renowned precious metals expert Andrew Maguire dive into November's silver and gold market action, exposing what mainstream media won't tell you. They break down backwardation in COMEX silver futures, physical market demand, supply constraints, and the weakening influence of Western price manipulation. As silver backwardation persists into a major delivery month, Andrew warns this could be a signal of a complete collapse in synthetic pricing structures. This podcast is packed with critical insights on where the price of gold and price of silver are heading next, why you should buy gold and buy silver now, and how the gold price and silver price may soon be set by physical exchanges, not paper ones. They also explore how institutional buyers and central banks are reshaping the metals markets. Stay informed and protect your wealth—don't miss this deep dive.
In this KE Report Daily Editorial, we chat with Craig Hemke, Founder and Editor of TF Metals Report Markets as markets are quiet and metals are range-bound. Craig explains why this “dog-days” lull could set up a strong year-end. We discuss seasonal trends, Q4 price strength, and what catalysts may kick-start the next move higher. Interview Highlights: Quiet Markets: Trading feels like a late-summer pause as most sectors drift sideways. Q4 Price Advantage: Gold and silver prices remain well above Q3 levels, locking in stronger margins for producers. Investor Hesitation: Many traders expect a pullback, leaving room for surprise when sentiment shifts. Selective Stock Picking: If metals hold steady, focus turns to free cash flow, dividends, and takeover potential. Year-End Watch: Few tax-loss pressures this year; attention now shifts to the December Fed meeting and late-quarter data. Click here to visit Craig's website - TF Metals Report -------- For more market commentary & interview summaries, subscribe to our Substacks: https://kereport.substack.com/ https://excelsiorprosperity.substack.com/ 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. Investing in equities and commodities 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.
In this KE Report Daily Editorial, we chat with Craig Hemke, Founder and Editor of TF Metals Report, about the strong rebound in metals and markets following news of the U.S. government reopening and growing investor optimism. Key Discussion Highlights: Front-running Next Year's QE: Markets are already pricing in renewed monetary stimulus and yield curve control. Calm Market Window: A rare “clean week” with no major data or options expirations supports short-term strength. Record Gold ETF Demand: $37B in North American inflows shows investors are returning to gold exposure. Money Rotation: A small shift from overvalued tech giants could send metals soaring. Silver Upgraded: Added to the U.S. critical minerals list, boosting long-term visibility. Seasonal Setup: Typical December–February rally window could mark the next major upswing. Click here to visit Craig's website - TF Metals Report ------------- For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ 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. Investing in equities and commodities 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.
In this November 2025 Precious Metals Projections podcast, Craig Hemke for Sprott Money joins Chris Vermeulen of http://TheTechnicalTraders.com to analyze the latest gold price and silver price action. After surging to $4,400, gold has pulled back below $4,000, and silver investors are wondering what's next. Chris explains why this pullback may be a setup before a powerful rally that could send gold toward $5,200 and silver back above $60. They cover market sentiment, Fibonacci retracements, and the emotional cycle driving gold and silver traders. Learn where the next big opportunity may appear to buy gold, buy silver, and position for the next major move in precious metals.
In this October Monthly Wrap-Up, Craig Hemke for Sprott Money sits down with Lobo Tiggre, the Independent Speculator, to dissect the volatile precious metals markets. With gold holding near $4,000 and silver consolidating above $40, this deep-dive discussion examines where gold and silver might head next. Lobo explains why central bank gold buying remains one of the most powerful forces driving the current bull market, how consolidation signals market strength, and why silver could be gearing up for its next big move. The conversation covers gold price trends, silver price outlooks, and key considerations for investors before purchasing gold or silver. Craig and Lobo also discuss uranium, rare earths, and the broader commodity landscape as 2025 draws to a close. Whether you're stacking bullion, trading mining stocks, or simply watching the price of gold and silver, this podcast offers clear, rational insight into today's market forces.
Gold and silver have pulled back sharply from recent highs, but Craig Hemke, founder and editor of TF Metals Report, says this is classic bull-market behavior - not the start of a bear phase. Gold remains up roughly 40–50% YTD, silver over 50%, and despite short-term pain, the structural uptrend remains intact. Key Topics Recurring 10% pullbacks: Craig outlines how each gold rally since 2023 has followed a rhythm — 90-day consolidations, 10% corrections, and ~20% surges higher. He sees the current move as another leg in that pattern. Silver's consolidation band: After reaching $54, silver's drop below $47 mirrors prior shakeouts. Hemke expects a 20% range to hold before the next breakout attempt toward new highs. Earnings strength & sentiment lag: Even at $3,800–$4,000 gold, miners like Newmont (NYSE: NEM) and Agnico Eagle (TSX/NYSE: AEM) are printing record margins. Investor sentiment, however, hasn't caught up. M&A and cash hoards: Majors are flush with cash, minimal debt, and strong cash flow. Hemke expects consolidation in the sector to spark fresh M&A activity as producers replace reserves. Macro triggers to watch: A Fed rate cut cycle, potential dollar weakness, and re-emerging risk appetite could all act as catalysts for the next leg up across precious and base metals. Visit Craig's website – TF Metals Report: https://www.tfmetalsreport.com/ -------------- For more market commentary & interview summaries, subscribe to our Substacks: https://kereport.substack.com/ https://excelsiorprosperity.substack.com/ 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. Investing in equities and commodities 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.
Gold and silver remain in strong uptrends despite last week's sharp pullback. Gold is still up ~50% YTD, silver over 60%, and miners (GDX, GDXJ, SIL, SILJ) continue to surge. Craig Hemke, founder and editor of TF Metals Report, joins us to explain why last week's volatility was typical bull-market action - not the end of the move. Key Topics Options expiry shakeout: Expiring calls triggered forced selling and sharp, short-term pressure. Silver above $50: After decades, silver's sustained breakout signals a new phase; holding that level could ignite more CTA and fund buying. Backwardation insight: Spot silver trading above futures reflects institutional supply tightness in London, not a retail shortage. Miners' earnings torque: With record prices and lower costs, producers and developers remain undervalued heading into Q3 results. Investor roadmap: Expect a brief consolidation after earnings before the next leg higher. Visit Craig's website – TF Metals Report: https://www.tfmetalsreport.com/ ---------------- For more market commentary & interview summaries, subscribe to our Substacks: https://kereport.substack.com/ https://excelsiorprosperity.substack.com/ 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. Investing in equities and commodities 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.
In this explosive episode of Ask the Experts, Craig Hemke for Sprott Money is joined by Josh Phair, CEO of Scottsdale Mint, to dissect the incredible moves in the silver and gold markets this October. With the price of silver surging past $50 and the price of gold breaking new records, are we entering a new era for precious metals? Josh explains the “metal war” now underway — with global buyers outnumbering sellers and supply chains under strain from London to the COMEX. They discuss why silver shortages, refinery backlogs, and high lease rates are shaking the system, and how central banks, BRICS nations, and industrial demand are driving the momentum of both gold and silver prices. Whether you're looking to buy gold, buy silver, or just understand what's happening in the physical metals market, this podcast delivers critical insight. Note - This Ask The Expert Session was recorded on October 15, 2025.
October begins with major momentum across all asset classes, and in this latest episode of the Precious Metals Projections podcast, Craig Hemke for Sprott Money welcomes Chris Vermeulen of TheTechnicalTraders.com to break down what's next for gold, silver, Bitcoin, and uranium. Gold has already surged 11% and is eyeing the $4,100 target discussed in previous months. Silver continues to rally toward 2011 highs and could test $85 if the current breakout continues. Chris explains key Fibonacci levels, parabolic price behaviour, and what traders should expect next. They also touch on uranium's renewed strength and the powerful correlation between Bitcoin, equities, and precious metals. Stay informed on where the gold price and silver price may go next—and how to position yourself in this volatile fourth quarter.
Gold and silver have extended their historic run, with gold up 8 of the last 9 months (~50% YTD) and silver up over 60% YTD. Meanwhile, the mining ETFs (GDX, GDXJ, SIL, SILJ) have posted massive gains - GDX up 125% this year. Craig Hemke, founder and editor of the TF Metals Report, joins me to break down why this move is not parabolic speculation but part of a recurring pattern - and why miners may just be getting started. Key Topics Breakout structure: Gold's fourth major breakout in two years follows the same rhythm — multi-month consolidations followed by 15–20% surges. Craig explains why the late-August breakout fits that roadmap and how far it could extend into year-end. Silver's acceleration: Structural supply deficits, record industrial demand, and a FOMO-driven futures trade are propelling silver toward its prior highs. Craig outlines why $49–50 may trigger a short consolidation before a push into new territory. Miners' earnings leverage: With record quarterly average prices for gold and silver, falling energy costs, and strong margins, miners are set for spectacular Q3 results. Craig highlights why mid-tier, low-AISC producers offer the best torque and why developers remain undervalued on a per-ounce basis. Flows & valuation reset: Even 1% of the $20 trillion combined market cap of the “Mag 6” mega-caps could buy the entire GDX ten times over. A small rotation into miners could rewrite valuation norms as ETF and fund flows broaden across the sector. Macro backdrop: With the U.S. government shutdown delaying data and upcoming CPI/PPI releases, markets remain focused on the Fed's next move. Craig also points to ongoing currency debasement, de-dollarization, and central-bank buying as key tailwinds for gold demand. Investor playbook: Why “buy-the-dip” behavior persists, how to identify quality producers with low costs, and why the absence of 2011-style M&A suggests this bull market still has room to run. Stocks / symbols mentioned: GDX, GDXJ, SIL, SILJ, CDE, FNV, WPM Click here to visit Craig's website – TF Metals Report ----------------- For more market commentary & interview summaries, subscribe to our Substacks: https://kereport.substack.com/ https://excelsiorprosperity.substack.com/ 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. Investing in equities and commodities 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.
Join Craig Hemke of Sprott Money as he wraps up a historic September in the precious metals markets with expert David Jensen. Gold surged past all-time highs and the gold price continues to draw global attention, while silver skyrocketed 16% this month alone as the silver price gains momentum. In this timely discussion, David shares insights into the global silver shortage, rising lease rates, backwardation in London, ETF dynamics, and why physical metal in your possession is more crucial than ever. They also cover gold, silver, platinum, and the looming financial implications of rising interest rates. Stay informed and secure your bullion: Visit SprottMoney.com and follow David Jensen on Substack at jensendavid.substack.com
In this episode of "Ask the Expert" from Sprott Money, host Craig Hemke sits down with returning guest Alasdair MacLeod, former head of research at Goldmoney, to break down the alarming direction of global monetary policy. Alasdair explains why the real issue isn't the rising price of gold, but the collapsing purchasing power of fiat currencies, especially the U.S. dollar.
Gold and silver have broken out to new cycle highs after a 5-month consolidation. Craig Hemke, founder and editor of the TF Metals Report, joins me to map the pattern driving the move, where it could go next, and how equity inflows and central-bank dynamics are reshaping the precious metals landscape. Key Topics Breakout mechanics & roadmap: Four repeated cycles over the last ~2 years … 3–4 months of sideways consolidation followed by 15-20% surges. With the latest breakout confirmed in late August, Craig outlines upside scenarios into Q4. Miners vs. metals: Why strong metal prices plus widening margins can still mean more catch-up ahead for producers and developers; how valuation frameworks (P/E, price/book) may evolve if capital rotates into the sector. ETF flows & breadth: Rising inflows into GDX/GDXJ as broad participation improves across large caps and juniors; how equity strength and metal strength reinforce each other. Macro drivers: Slowing U.S. data, rate-cut expectations into the upcoming Fed meeting, and the prospect of yield-curve management; how global de-dollarization and central-bank buying since 2022 continue to underpin gold demand. Then vs. now: Lessons from the 2009–2011 bull market compared to today's debt math, policy backdrop, and global currency dynamics. Positioning mindset: Why “buy-the-dip” may persist in a structurally supportive backdrop, and what traders should watch as liquidity returns post-summer. Click here to visit Craig's website - TF Metals Report For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ 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. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests may own shares in companies mentioned.
In this Monthly Wrap-Up, Craig Hemke sits down with Dr. Nomi Prins to decode the evolving Fed–Treasury dynamic, potential rate cuts and backdoor QE, and what it all means for gold, silver, copper, uranium, rare earths, and junior miners heading into September. You'll learn why policy shifts: Fed–Treasury “fusion,” appointments, and legal challenges—could be bullish for gold and silver; the realistic path to $5K gold and how a +50% surge can happen from here; the silver breakout setup near its 2011 high and the industrial kicker; why silver and copper landing on the U.S. critical minerals list matters for defense, AI, and energy; how uranium fast-tracking and rare earths factor into the commodity super-cycle; and how yield-curve talk, front-end cuts, and long-end moves ripple through metals.
In this episode of Mining Stock Daily, Trevor Hall and Craig Hemke of TF Metals Report delve into the relationship between the Trump administration and the precious metals market. They explore how executive decisions, such as attempts to restructure the Federal Reserve and the Treasury, have influenced gold prices and market sentiment. The discussion covers the potential long-term effects on monetary policy and the bullish outlook for gold.
Today, Craig Hemke, founder and editor of the TF Metals Report, joins me for his regular Monday commentary on the precious metals markets. We start with a recap of last week's market action following Jerome Powell's remarks at Jackson Hole, which signaled that the Fed may be preparing for a September rate cut. The result: strength across equities, bonds, and precious metals, with the U.S. dollar the lone laggard. Key Discussion Points: Powell's Jackson Hole speech and why a rate cut now looks all but certain. Market reaction: broad rallies across assets, dollar weakness, and implications for gold and silver. Insights from the latest Commitment of Traders (COT) report showing bullish positioning for both gold and silver. Gold's ongoing five-month consolidation and what could spark the next breakout. The revaluation of junior mining stocks and what's needed for the sector to continue higher. Silver's inertia and potential for a sharp move once momentum returns. The seasonal setup heading into September and how upcoming jobs data could influence Fed policy. Follow Craig's work at TF Metals Report.
Craig Hemke: 'Current Gold Rally Is Entering Rare Territory' While the gold and silver prices have generally hovered around $3,400 and $38 levels over the past few months, even with what's already happened this year, we're already in rare territory. Fortunately, Craig Hemke of TF Metals joins me to talk about the rally, the metal that's moved from London to New York, some of the bigger price forecasts currently out there, and a whole lot more. So for a great update of the latest activity in the precious metals markets, click to watch this video now! - Get access to Arcadia's Daily Gold and Silver updates here: https://goldandsilverdaily.substack.com/ - To get your very own 'Silver Chopper Ben' statue go to: https://arcadiaeconomics.com/chopper-ben-landing-page/ - Join our free email list to be notified when a new video comes out: click here: https://arcadiaeconomics.com/email-signup/ - Follow Arcadia Economics on twitter at: https://x.com/ArcadiaEconomic - To get your copy of 'The Big Silver Short' (paperback or audio) go to: https://arcadiaeconomics.com/thebigsilvershort/ - Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 - #silver #silverprice #gold And remember to get outside and have some fun every once in a while!:) (URL0VD)Subscribe to Arcadia Economics on Soundwise
Craig Hemke, founder and editor of the TF Metals Report, joins us for his regular Monday discussion to recap the latest in the gold and silver markets and preview what's ahead this week. Key Topics Covered: Jackson Hole Preview: Jerome Powell's upcoming speech on Friday is expected to set the tone for gold, the U.S. dollar, and broader markets heading into September. Fed Policy & Rate Cuts: Market expectations remain high for a September cut, but will Powell hint at more aggressive easing? Gold & Dollar Correlation: Why the recent sideways action could give way to the next breakout move depending on Fed signals. Central Bank Demand & Bull Market Longevity: How sustained buying continues to underpin gold's strength, limiting major sell-offs. Gold Stocks & ETFs: With producers showing strong balance sheets what does that mean for investors? Craig also shares insights on the revaluation of gold miners - from majors to juniors - and what could fuel the next leg higher in this ongoing bull market. Click here to visit Craig's website - TF Metals Report https://www.tfmetalsreport.com/
Is the U.S. already in a recession? Former Federal Reserve insider Danielle DiMartino Booth says net job destruction began in Q2 2024, meaning the economy has been contracting for over a year despite what the Fed is telling you. In this Ask the Expert episode, Danielle joins Craig Hemke to reveal the truth about the labor market, the 24 downward payroll revisions in the last 30 months, and the real headcount data that points to ongoing economic weakness. She discusses the political pressure on Jerome Powell, the growing calls for a 50 basis point rate cut in September 2025, and why dissent at the FOMC is at historic highs. Danielle also warns about the dangers of increased Fed–Treasury cooperation, the risk of hyperinflation, potential threats to the U.S. dollar, and the possibility of market turmoil if retirees are forced to liquidate stocks. Most importantly for investors, she shares why these conditions are bullish for gold in a time of economic and political uncertainty.
Craig Hemke, founder and editor of TF Metals Report, joins us to break down the recent volatility in precious metals following last week's gold tariff headlines - and the immediate backtrack. While daily swings grab headlines, Craig points out that gold remains in a strong long-term uptrend, recently posting its highest weekly close ever above $3,400. We discuss: Why gold's fundamentals remain bullish despite short-term noise and political headlines. The standout performance of gold and silver mining stocks, with GDX hitting highs not seen since 2011. How recent earnings reports reveal producers are far more profitable than many investors expected. Silver's breakout above $37–$38, its best levels in over a decade, and what it means for margins in Q3. The macro backdrop - weak economic data, Fed policy expectations, and the impact on the US dollar and metals prices. Craig also shares insights on positioning from the CoT reports, the potential for further upside in both metals, and why institutional sentiment could be shifting in favor of gold and silver producers. Click here to visit Craig's website - TF Metals Report
Is gold about to make its next major move? In this August edition of the monthly Precious Metals Projection, Craig Hemke of Sprott Money speaks with Chris Vermeulen about the critical turning point in markets. With stocks showing signs of weakness and gold nearing a technical breakout, Chris breaks down the charts, seasonality, and sentiment driving gold prices and silver prices. Topics include the deceptive strength in the S&P 500, the power of the Magnificent Seven stocks, and how miners like GDX and SILJ are signaling a move in gold price. Chris shares how similar this setup is to 2007, and what could be ahead for the price of gold and silver. If you're looking to buy gold or buy silver, this episode is packed with timely insight into the gold price and silver price trends that matter most now.
Craig Hemke, Founder and Editor of TF Metals Report, joins me for a wide-ranging discussion on the macroeconomic market movers over the last few weeks and looking ahead to a potential cattle call into gold, silver, and the precious metals equities. We also dig into the whipsaw copper pricing as a result of the Trump tariff policies and where things may settle out. Topics we discuss: Craig walks us through the macroeconomics forces at work between US fiscal policy and Fed monetary policy, and how interest rates trends, and the potential for yield curve controls will likely push the US dollar lower, and the precious metals sector higher. He points out the jobs report numbers, and downward revisions of the prior 2 months jobs metrics. Craig highlights the potential policy error that Jerome Powell and the Fed have made in delaying cutting the Fed funds rate by pointing to strong jobs figures the last few months as proof of a robust economy. Now it is clear they were not nearly as strong as reported. Craig feels the pathway forward from the Trump administration is to either remove Powell early, or replace him as soon as possible next year with a dovish Fed chairman that will move to quickly cut interest rates and work in concert with the US Treasury Department. The plan will be to lower rates to reduce down the burden of debt repayment, but then also to keep spending with fiscal policy to try and grow (and by default inflate) our way out of the current situation. The US dollar's recent rally may ending up having been a head-fake, which caught some market participants off-sides, as the greenback has already started rolling over lower once again. This dollar weakness and worse-than-anticipated jobs data has boosted the precious metals sector at the end of last week and we are seeing follow through strength in gold and silver to kick off this week. We also discussed how copper pricing went on a wild ride building up to the proposed 50% copper tariffs, but then reversed down sharply when it turned out the tariffs were only on finished copper products, but not copper concentrates or refined copper itself. Craig outlined how silver, platinum, and palladium got caught up in that move higher in copper, and did reverse down initially with copper's crash lower, but have since stabilized and started trekking back higher again with gold. We wrap up discussing the moves we've seen lately in PM producers on the back of strong Q2 numbers, noting Agnico Eagle's recent barn-burner quarter, and that we are already one third of the way through Q3 with even higher average metals prices. If people get a sense that these macro forces and higher underlying gold and silver prices are going to stay elevated, then there could be a cattle-call and stampede into the precious metals equities. Click here to visit Craig's website – TF Metals Report
Silver is no longer lagging—it's leading. In this powerful July wrap-up, Craig Hemke interviews Michael Oliver, who reveals why silver has officially entered its acceleration phase and could surge past $50 to $70 or more this year. He explains why $200 silver price per oz isn't a crazy idea and how gold price, despite its recent sideways movement, remains in a strong long-term uptrend that could see it double or even triple. Explore momentum analysis, central bank panic, stock market signals, and why smart money is quietly rotating into gold, silver, and miners before the next big move.
In this July 2025 episode of "Ask the Expert" from Sprott Money News, host Craig Hemke is joined by John Rubino, founder of the Dollar Collapse website and now author of a widely-read Substack. Together, they dive into major topics including the price of gold, the price of silver, and looming monetary shifts as political pressure on the Fed intensifies. They discuss Trump's interest rate agenda, potential yield curve control, a looming bond market crisis, and the growing possibility of a new gold standard. John outlines the case for a crack-up boom and explains why silver may be on the verge of outperforming gold in a historic move. If you're thinking about how to buy gold or buy silver, this episode is for you.
Craig Hemke, Founder and Editor of TF Metals Report, joins us for a wide-ranging discussion on precious and base metals, recorded Monday, July 14th. Silver has broken out above multi-year resistance, with junior silver stocks leading the charge. Craig walks through what's fueling this breakout, including speculative flows, tariff impacts, and positioning in the COMEX market. We also discuss: Why silver is vastly outperforming gold and how the gold-silver ratio is driving sentiment How mining stocks are reacting, with smaller stocks outperforming majors like Agnico and Newmont Copper's sharp move higher on new U.S. tariff announcements, and why Trump's unpredictable stance is fueling volatility A cautionary take on silver hype, commercial short positions, and how bull markets typically unfold Inflation data, options expiry, and what to watch heading into the end of the week Craig shares insights from decades of market experience—balancing optimism with realism—as he highlights where the real opportunity may lie for precious metals investors in the second half of 2025. Click here to visit Craig's website - TF Metals Report
Craig Hemke, founder and editor of TF Metals Report, joins us for a timely discussion ahead of the July 9th tariff deadline. We open with expectations around the expiration of the 90-day tariff pause and examine whether a renewed trade war could trigger short-term volatility, or present another "buy the dip" opportunity for metals. Gold and silver may have more room to run, but will a falling dollar and global demand keep fueling this bull market? Topics covered include: The fading impact of geopolitical risks on gold Institutional momentum and quarterly breakout trends in gold and silver Why silver's recent breakout above $35 could be the start of a bigger move The role of the falling U.S. dollar and surging M2 money supply What sideways gold prices mean for miners, M&A, and re-rated project economics Differentiating between long-term secular trends and short-term policy noise Could we be entering a broader reflationary environment, with capital finally flowing into commodity equities? Click here to visit Craig's website - TF Metals Report
In this month's Precious Metals Projections, Craig Hemke is joined by Chris Vermeulen to discuss the market trends defining the second half of 2025. They cover everything from the recent breakout in the S&P 500 and NASDAQ, to why gold and silver could be gearing up for their next major moves. Chris lays out a compelling technical case for gold hitting $4100 and silver pushing above $40, backed by bull flag patterns, momentum indicators, and historical analogs from 2008. They also discuss the seasonal patterns in precious metals, with July and August often marking the start of strong rallies. This episode is packed with insight for anyone interested in the gold price, silver price, and whether now is the time to buy gold or buy silver. Plus, learn why physical metals may outperform mining stocks in the months ahead. Don't miss this deep dive into the price of gold, price of silver, and market positioning.
In this week's Live from the Vault, Andrew Maguire and Craig Hemke question whether Middle East tensions are being staged to distract from China's trade corridor and the BRICS summit—both signalling a deeper shift towards physical settlement.Craig flags the return of headline-driven market volatility under Donald Trump, with both experts reaffirming that the long-term fiat collapse is now exposing the flaws in the paper gold system, prompting a global pivot towards transparent, physical trading.Check out Craig Hemke: https://x.com/TFMetalshttps://www.tfmetalsreport.com/Watch The biggest gold and silver swindle of all time...https://youtu.be/ALZP8twExEU_______________________________________________________________Timestamps: 00:00 Start01:07 Are Middle East tensions a smoke screen for BRICS and China's trade corridor?08:08 Basel III cracks paper gold, physical markets take control16:41 EFP collapse signals end of paper gold pricing dominance23:54 Central banks scramble for gold as global debt explodes32:18 Physical silver pricing breaks free from paper market control40:08 Silver's moment: Inertia breaking to new highs50:09 Collective power drives fair precious metals pricing56:15 Are silver and gold primed for an unstoppable breakout?_______________________________________________________________Send your questions to Andy here: https://www.speakpipe.com/LFTVSign up for Kinesis on desktop:https://kinesis.money/kinesis-precious-metals/?utm_source=youtube&utm_medium=video&utm_campaign=lftv_229Download the Kinesis Mobile app - available App Store and Google Play:Apple: https://kms.kinesis.money/signupGoogle: https://play.google.com/store/apps/details?id=com.kinesis.kinesisappAlso, don't forget to check out our social channels where you can stay up to date with all the latest news and developments from the team.X: https://twitter.com/KinesisMonetaryFacebook: https://www.facebook.com/kinesismoney/Instagram: https://www.instagram.com/kinesismoney/Telegram: https://t.me/kinesismoneyTikTok: https://www.tiktok.com/@kinesismoneyThe opinions expressed in this video by Andrew Maguire and any guest are solely their own and do not reflect the official policy, position, or views of Kinesis. The information provided is for general informational purposes only and does not constitute investment advice, financial advice, or any other type of professional advice.Viewers are encouraged to seek independent financial advice tailored to their individual circumstances before making any decisions related to the gold market or other investments. Kinesis does not accept any responsibility or liability for actions taken based on the content of this video.
In this in‑depth monthly wrap‑up of precious and industrial metals, host Craig Hemke sits down with mining sector expert Joe Mazumdar of Exploration Insights. Recorded June 27, this episode covers gold price, silver price, and the price of platinum and copper as we close the first half of 2025.
Craig Hemke, founder and editor of TFMetalsReport.com, joins us for a timely macro and metals discussion on this shortened holiday trading week. With Canadian and U.S. markets seeing light volume due to national holidays, Craig outlines why this week could still bring significant volatility driven by data releases and algorithmic trading. Key Themes Discussed: Gold's Sideways Action: Craig explains why gold's recent price consolidation mirrors the late 2023 breakout setup and how many investors may be misreading this quiet strength. Silver's Quiet Strength: Silver has posted a strong quarterly close and may soon generate its own upside momentum, similar to the sharp moves seen in 2011. Dollar Weakness and Fed Policy: Despite a lack of immediate Fed rate cuts, the U.S. dollar is falling - Craig explains how markets may be front-running a policy shift under a possible Trump-nominated Fed chair. Commodity Supertrend?: From copper and platinum to silver and aluminum, industrial metals are rallying on physical supply constraints and broader reflation themes. Data-Driven Volatility Ahead: With the JOLTS report, manufacturing and services PMIs, and a U.S. jobs report all dropping this week, Craig warns these releases could trigger fast, algo-driven moves in the metals.
In this mid-year 2025 edition of Ask the Expert, Craig Hemke sits down with legendary investor Eric Sprott to break down what could be the biggest year ever for gold and silver. Eric discusses the explosive moves in gold and silver prices, why he believes silver is heading to $70 or more, and how the price manipulation era may finally be ending. They talk silver shortages, miner profitability, gold-to-silver ratios, and how institutional and investor interest is shifting rapidly. Discover why Eric is nearly 90% invested in precious metals and where he sees the biggest opportunities, from silver ETFs to under-the-radar juniors. A must-watch for anyone looking to buy gold, buy silver, or understand what's ahead for the price of gold and price of silver in 2025.
Join Craig Hemke and Chris Vermeulen in this month's precious metals projection podcast as they break down what lies ahead for gold, silver, and mining stocks. With the stock market rebounding in May after an April slump, could a summer rally be in play? Chris shares in-depth chart analysis and technical indicators suggesting major moves in the price of gold and silver, possibly pushing gold up to $3,750 and silver near $38. They also explore how falling dollar values, inflation data, and Fed decisions may shape the precious metals landscape. Whether you're looking to buy gold, buy silver, or stay ahead of stock market trends, this episode delivers crucial insights to guide your investment strategy.
In this latest Sprott Money "Ask the Expert" episode, host Craig Hemke sits down with Michael Lebowitz to dissect the economic turbulence facing markets mid-2025. From shifting Fed policies to the implications of new tariffs, they dive deep into what these crosscurrents mean for the gold price, silver price, and broader market sentiment. Is the U.S. economy headed for a recession or just slower growth? How do rising bond yields affect the price of gold and silver? And is now the time to buy gold or buy silver? Don't miss this essential discussion that cuts through media noise to provide actionable insights for investors in precious metals and beyond.
Welcome to the May 2025 edition of the Precious Metals Projections with Craig Hemke and Chris Vermeulen. In this explosive episode, we break down what's really happening with the gold price and silver price right now — and what could be coming next. Chris explains why the recent gold rally — could be a classic FOMO blow-off top, warning investors that we're in “nosebleed territory” with high risk for a sudden reversal. They also examine recent volatility in the S&P 500 and NASDAQ, exploring whether this is a true breakout or the final bounce before a major stock market crash. As for silver price, Chris sees the potential for an explosive move — but with serious downside risk. The episode covers key technical analysis patterns, investor sentiment, short squeezes, and the broader implications of Fed policy and inflation.
Kerry Lutz and Craig Hemke discussed the recent dynamics in the gold and silver markets, highlighting a notable increase in gold prices by nearly $100. Craig expressed skepticism about claims of an overbought market, referencing the commitment of traders report that indicated large speculators had reduced their long positions. He described silver's market conditions as slightly bearish, struggling to gain upward momentum. Both emphasized the importance of maintaining confidence in gold despite previous skepticism, suggesting current trends may affirm their long-term views. Craig analyzed the long-term depreciation of the dollar, noting the significant increase in gold's price over the past fifty years and expressing concern over the current $2 trillion deficit. They discussed the potential for gold prices to reach between $3,500 and $4,500 this year, with implications for the mining sector and a broader trend of funds moving away from dollar-based assets towards alternatives like gold and Bitcoin. The conversation concluded with a reminder for investors to stay informed and consider buying during market dips. Find Craig here: https://tfmetalsreport.com Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe
In this must-watch Monthly Wrap-Up, our host Craig Hemke is joined by Bob Thompson, Senior Portfolio Manager at Raymond James, to break down what's really driving the surge in the gold price. They discuss why silver price action is still lagging behind, and why that could present one of the biggest upside opportunities for investors right now. Watch today!
Craig Hemke sits down with Rob Kientz of The Freedom Report to dive into America's monetary crossroads. From legal tender bills in U.S. states to the looming dollar crisis, Rob unpacks the gold movement, federal resistance, and what's next for the global economy. Don't miss this crucial update from Sprott Money's “Ask The Expert” April 2025 episode.
April 2025 is off to a wild start as the silver price drops over 20% in just two days, leaving investors scrambling. In this month's Precious Metals Projections, Craig Hemke and Chris Vermeulen break down what's driving the sudden plunge across silver, gold, and broader markets. They discuss how tariff hikes, panic selling, and key technical patterns like Fibonacci measured moves are shaping short- and long-term trends. Is this a temporary dip or the start of a deeper correction? How is the gold price responding, and what should you watch for next? Watch the full video to understand what's really happening behind the scenes.
In this Monthly Wrap-Up, host Craig Hemke is joined by legendary investor Rick Rule to break down the latest developments in the precious metals market. We discuss gold's strong March gains, why the gold price is going much higher, the declining purchasing power of the U.S. dollar, mining stocks, and the future of commodities like copper. Rick shares deep insights backed by 50 years of experience, including his views on upcoming economic risks and how investors can protect their wealth with precious metals. Learn why even a modest allocation to gold bullion can serve as a powerful hedge as we walk through the staggering financial obligations facing the U.S. government—over $130 trillion in total liabilities—and what that means for the long-term health of the U.S. dollar. We examine how inflation, negative real interest rates, and structural risks in fiat savings are contributing to a shift in investor sentiment toward hard assets like gold and silver.
Craig Hemke discusses the precious metals market, focusing on gold and its dynamics influenced by central bank demand, market speculation, and the performance of gold equities. The dialogue explores the implications of potential gold revaluation by the U.S. Treasury and the overall sentiment surrounding gold investments, highlighting the resilience of gold prices and the opportunities within gold equities amidst market fluctuations.
Craig Hemke from TF Metals Report discusses macroeconomic trends, gold markets, and investment strategies. He emphasizes the importance of central bank demand for gold, driven by geopolitical tensions like Russia's invasion of Ukraine, which has led to record purchases over the past three years. This demand has created a physical floor under the gold market despite rising interest rates and a strong dollar. Hemke also explores the role of the Federal Reserve, noting its significant impact on liquidity and market expectations. He discusses potential quantitative easing measures due to high government spending and deficits, which could further inflate asset prices. The yield curve inversion in 2024 was highlighted as a precursor to economic challenges, with the Fed's policy shifts influencing currency and metals markets. The conversation touches on the complexities of investing in precious metals, particularly silver, which straddles commodity and monetary roles. Hemke warned against passive investments like ETFs, advising investors to do thorough research when selecting individual mining stocks. He stresses the importance of a diversified portfolio and cautions against overexposure to any single asset. Contrarian investing is addressed, with Hemke encouraging prudence rather than extremism. He advises increasing allocations to gold gradually, emphasizing long-term strategic positioning rather than timing market dips. He concludes by reiterating the role of gold as a hedge against a debt-based monetary system nearing its limits, urging investors to focus on preserving purchasing power through physical ownership. Time Stamp References:0:00 - Introduction0:40 - Macrocast & C.B. Demand5:42 - Fed's Importance?8:00 - Moar Q.E. Coming?11:25 - Fed & Drastic Action12:55 - State of Equity Mkts16:37 - Tariffs & Big Picture23:54 - U.S. Gold Revaluation?32:26 - Gold Supply & Demand?35:35 - It's Fine39:00 - Silver Considerations41:48 - Miners & Prod. Costs47:13 - Contrarian Mindset49:55 - Wrap Up Guest Links:Twitter: https://x.com/TFMetalsWebsite: https://www.tfmetalsreport.com/subscribeArticle: Inversion/Reversion Macrocast - https://goldseek.com/article/inversion-reversion-2025-macrocast Craig Hemke, aka "Turd Ferguson," was a licensed securities "professional" for nearly twenty years. Then, disgruntled by the fraud known as "financial services," he retired to a career as a serial entrepreneur in 2008. Though otherworldly in his ability to forecast price movements, Craig is not a soothsayer, a psychic, or a witch, but, after all these years, he has a decent understanding of the forces at play in the precious metal "markets."
The London precious metals market is seeing significant outflows, with 10 million ounces of gold leaving the Bank of England vaults and 130 million ounces of silver withdrawn from London vaults since December. Listen to David Jensen & Craig Hemke break down the latest market data and trends: Why the Bank of England is leasing gold; Rising Concerns about the actual state of London's gold reserves and whether they can sustain long-term demand; Silver lease rates have jumped to 20%—a historic high, indicating that supply is extremely tight; February saw an all-time high of 77,000 gold contracts settled for physical delivery on the COMEX. Why are more investors demanding physical gold now? Despite these shifts, central banks still control much of the gold market through leasing, while the silver supply remains under pressure without central bank reserves to stabilize it.