Why Silver Is More Levered Than Gold & Gold Pullback Explained | Joe Mazumdar
Craig Hemke welcomes Joe Mazumdar for a timely discussion on the latest gold pullback, silver volatility, and the pressure hitting mining shares. Joe explains why silver is acting as a more levered move than gold, how shifting rate expectations are affecting sentiment, and why the recent selloff has been especially sharp across the mining sector.
They also discuss the impact of rising energy costs on producers, how margin pressure could build for companies with higher diesel exposure, and what investors should be paying attention to in the months ahead. From financing conditions and project quality to broader market risk, this conversation looks at both the short-term stress and the longer-term implications for gold, silver, and mining stocks.
If you follow precious metals, junior miners, or the broader resource sector, this is an insightful look at what is driving the market right now and what could matter most going forward.
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Timeline:
02:49 – Market Shock & Geopolitical Surprise
03:49 – Silver Market Deals & Financing Surge
05:15 – War Impact on Commodities & Energy
06:06 – Diesel Costs & Mining Margin Pressure
08:29 – Gold Price, Interest Rates & Market Behavior
11:40 – Financing Conditions & Capital Access
15:45 – Margin Compression in Mining Stocks
17:51 – Energy Costs as the Biggest Risk
19:18 – Fuel Supply Constraints & Availability
21:18 – Commodity Supply Risks & Production Outlook
23:23 – Long-Term Shift in Critical Minerals
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#silver #gold #goldprice
In this segment, experts share their insights on the future of gold and silver prices, offering valuable gold price predictions for 2026. They examine current market trends and discuss factors investors should consider before making any decisions. This includes the latest gold news and potential impacts on the silver price forecast.
10 Comments
Thanks, Craig. Always enjoy your show. Appreciate you knowledge and insights.
27th is a long way from the end of the month in this market!
Thanks for the cool guest – Joe really knows his stuff!
Thanks Craig. Always appreciate the insights
You and crew at TF Metals were good motivation for the past decade ✨️
Look for nuclear fission generators. Well over a year ago, a Virginia company began gearing up to make fission generators, which could run mining operations in remote locations. Inherently safe, with encapsulated uranium pellet fuel. I shared the info with Snowline Gold and so they have the information. That being said, Scott has said that their costing for development has been with off the shelf technology, like diesel. The diesel fuel crisis is going to drive nuclear forward. Of note. Virginia is to receive the first US fusion generator in the early 2030’s. A
Also of note. That navy laser was developed in Virginia. And the US navy holds a patent for its own fusion generator. The world is changing and so is mining.
Great interview. Thank you
정보를 들을수록 혼란스러워요😅그런데 크레이크씨는 제가 좋아하는 로버트 드니로와 닮았어요. 😊 수고하세요.감사합니다.😊
Nobody knows until everybody knows. Gold is on the verge of a major breakout as inflation and interest rates spiral upward. The economic fallout will be severe rising unemployment, increased crime, and households struggling just to get by. Homeowners, especially those holding aging properties, may soon realize that real estate is a lifestyle choice, not a guaranteed path to wealth. Gold stands out as a hedge both an industrial asset and a store of value…managed to grow a Portfolio of around 85k to a decent 780k in the space of a few months.Thanks again, Adriana.,M, for the regular updates,.
Dear Craig – I don’t like your beard !! Clearly I’ve not watched you for awhile though listened in when could.
Sorry and apologies to comment so personally 🙄☺️. I honestly think you looked handsome, and definitely younger, better imo anyway, pre- beard when face is clear 😐 Thankyou for all your weekly presentations . 👏🏻
I can’t think of owning anything worthwhile other than physical gold, silver, and land.