Editor’s Note: We’re currently seeing the world’s greatest monetary shift since 1971… and almost nobody knows it’s happening or how to position their portfolio for it.
I recently sat down with Porter Stansberry to unpack everything for you, share the investments to make, and the #1 way to capitalize on gold’s bull run.
Not through bullion, coins, or mining stocks but a widely ignored gold investing technique that’s outperformed almost every investment you could’ve made over the past two decades.
Watch my interview with Porter’s by clicking here…
Do it now because tomorrow, January 22 at midnight, it’s coming offline.
Silver is sucking the air out of the room.
With silver still knocking around $93/oz, it seems like the market has forgotten about gold. Which is so typical… silver is a smaller market and less of a monetary metal than gold, but it’s exciting. When gold moves 1%, silver can move 5%…
And like a cat or a child, the market loves big, flashy movement.
But gold is also at all-time highs… selling for over $4,800/oz. And the miners are still lagging.
I’ve seen dozens of posts on Twitter, outraged at the underperformance of silver stocks. And look… I really don’t want to bag on silver anymore than I already have – but there are maybe 10 silver companies in the market worth your attention.
People will tell you to just buy a silver miner ETF like SIL… but before I get into the opportunity in gold, I need to deflate the excitement for something like SIL.
For one, there are something like 70+ companies held by SIL. Many of them don’t even mine silver. Take the largest holding: Wheaton Precious Metals.
It’s an excellent company. But it’s not a miner. And as a royalty firm, only about ⅓ of its revenues come from silver.
The 2nd largest holding in SIL is Pan American silver, and while it is a miner, it generates about 20% of its revenue from silver.
That’s better than many companies in SIL – some of which might generate 5% or less of their revenues from silver.
The truth is, there are only maybe 5 companies in the whole market that get most of their revenues from silver. You don’t need to buy 70 companies to get leverage to silver’s price. You need 3-5. Really.
So when you’re buying something like SIL, you’re really just speculating that a bunch of other people will be fooled into thinking it has leverage to silver.
As we progress in this bull market for precious metals, it is highly likely that such speculations will pan out. But I’m not a fan of putting capital to work based on a greater fool theory. If you’re hoping that someone else will come along later and pay a greater price just because SIL has “silver” in the name, you might be the one holding the bag.
I prefer to buy assets when they’re undervalued, based on analysis, math and concrete valuations.
“Thank you for exposing Garrett Goggin…”
That’s the message Porter Stansberry received from a partner after our recent interview on the #1 way to play gold’s bull run.
Usually, when someone says they’ve “exposed” someone… It’s bad news.
But in this case?
He was thanking Porter for revealing my gold stock strategy.
A strategy that’s already paid for his research subscription 3 times over in just one week.
And honestly… that didn’t surprise me.
If you watched my interview with Porter, you already know why this is likely just the beginning.
I explain why gold’s bull market is still in its early innings…
Why the biggest gains historically come after bullion moves…
And the exact strategy my subscribers are using to earn remarkable returns right now.
If you care about gold…
Or you want to understand what comes next in this cycle…
You need to watch the gold interview everyone’s talking about.
But while I have a handful of silver companies I cover in my paid services, my main focus is on gold.
There are dozens of gold companies worth your attention. They all have massive, direct upside to gold’s price.
They’re not pretending to be gold miners while secretly mining something else.
They’re gold miners. They’re gold royalties.
And they’re wildly undervalued right now.
I don’t manually update my fair value pricing for each of my holdings more than a couple of times a month. There’s no reason to. But basically every single company (with a few exceptions) is going to be revalued higher.
I don’t know what is going to wake the market up to gold miners. It could be Q4 2025 earnings. It could be Q1 2026 earnings.
It could be $5k/oz gold.
But right now, there’s no sense in complaining that dozens of world class gold stocks are on sale.
Could they get even cheaper? Sure.
But the handwringing on social media from precious metals investors is silly. If we’re patient and careful, we will get paid. Cheap valuations are good news because it means we can accumulate more shares, and safely dollar cost average into compelling positions.
That’s better than trying to chase a gold stock higher once it starts ripping…
Don’t wait for gold stocks to start ripping! By then, you’ll just be paying more, for less.
Best,
Garrett Goggin, CFA, CMT
Lead Analyst and Founder, Golden Portfolio