Mining

Gold did not fail when war broke out. The dollar simply won the first wave of panic buying. In this piece, John Rubino explains why money still rushes into the U.S. financial system during early fear, why that does not weaken the long-term case for gold, and how central bank buying, supply constraints, and prolonged conflict could still drive precious metals higher.

Gold did not surge when war broke out around Iran, and many investors saw that as a failure. In this interview, John Rubino explains why panic money still rushes into the US dollar first, why gold can fall in a liquidity crisis, and why the longer term setup for gold and silver may still be strengthening.

The last gold bull market didn’t climax with price alone; it ended in billion-dollar buyouts and 30 to 60 percent premiums. From 2001 to 2011, gold surged from under $300 to over $1,500 before major players truly began scrambling for ounces. Today, with gold pressing historic highs again, investors are asking a familiar question: when does the panic premium return?

For centuries, silver has shaped Mexico’s fortunes and fueled conflict across its mining regions. As cartel violence intensifies in key production states, investors are being reminded that extracting precious metals in Mexico has never been purely about geology. The country’s long and dangerous history with silver may once again collide with global supply.

What happens when a gold-biased investor invites a priest and hedge fund CIO to challenge the metals trade head-on? A conversation about fear, conviction, value investing, and why even the strongest theses deserve pressure testing.

Gallium rarely makes headlines, yet it plays a critical role in the systems that power modern life, from AI data centers and satellite communications to advanced radar and high-efficiency power electronics. Supply is heavily concentrated, production is tied to complex industrial processes, and recent export controls have exposed just how fragile the chain can be. Understanding gallium means understanding a quiet pressure point in the global economy.

Michael Oliver’s core message is that silver isn’t acting like a normal bull market. It’s attempting to create a “new reality”, repricing after decades trapped under a long-term ceiling. The correction he warned about may have been the classic midpoint fakeout seen in past silver surges, and if the rebound holds, the next phase could be where both silver and silver miners surprise investors to the upside.

Gold and silver have just suffered one of their sharpest corrections in decades, and history suggests this may be far more typical than investors realize. By comparing today’s drawdown to the great precious metals bull markets of the 1970s and the 2000s, this article separates emotional panic from historical patterns. The result is a clearer framework for understanding whether this crash marks an end… or a reset.

Silver isn’t just rising in price; it’s colliding with the limits of its own market structure. With silver trading above $100, a small, fragile market is being asked to absorb massive industrial demand, investor fear, and a breakdown in the hedging systems that normally keep things stable. This article explains why silver’s size, not speculation, is the real reason it’s becoming dangerous, and explosive.

Copper isn’t entering a normal late-stage bull market; it’s entering a mechanical breakdown, where the system that balances supply and demand is failing. When 2026 benchmark treatment and refining charges are set at $0, it signals something darker than “tight inventories”: concentrate scarcity, smelter dysfunction, and a supply chain that can’t respond to price. In this piece, we break down why copper deficits are turning structural, and why America’s list of “real” copper mines coming online is shockingly short.