If you're bullish on gold and silver mining, it's time to BUY BUY BUY.

Gold was the best-performing asset class in 2024, far outpacing precious metal stocks. 

We wouldn't be surprised to see the mining stocks catchup in 2025. Why?

Sector rotation is the lifeblood of a bull market. 

This chart suggests it's time for some mean reversion 👇

This chart, hands down, is one of my all time favorites. It tells the entire story.

Bond yields hit their first long term cycle bottom in the 1940s. Then we had the stagflation of the ’70s, followed by the blow off top in 1982. From there, a nearly 40 year downtrend in yields that ended in 2020.

After that, yields have been grinding higher.

Now, if there’s ever going to be a year where bond yields take a breather, it’s probably this one. 

People keep telling us, "2024 was the year of artificial intelligence." 

That's bull shit, and we have the data to prove it. Last year was a year for the gold bugs. 🥳

Here's an overview of how each asset class performed in 2024: