Gold and silver both had an excellent two year run in 2019 and 2020. But they’ve spent much of 2021 so far in a downward drift.
Which is puzzling given how many tens of $trillions have been injected into the global system by the world’s central banks since the pandemic hit last year, and the massive spike in inflation all that monetary and fiscal stimulus has caused. The prices of nearly every other commodityhave risen dramatically in response — but why not the precious metals?
And even more interesting is that the precious metals mining industry remains one of the extremely few sectors not trading at all-time bubble-level highs, despite being more profitable than ever. In fact, on a relative basis, it’s almost never been more undervalued.
To help us make sense of this, we welcomeJeff Clark is returning to the program. Jeff is the Senior Precious Metals Analyst at GoldSilver.com, an expert on precious metals mining stocks, and he’s also just returned from The StockPulse Silver Symposium which took place last week — and in this video he shares the insights he found there.
He also very graciously recorded a free short recap of two mining stocks currently at the top of his “deep value” list, which you can watch for free here.