Jeff Clark's Top Gold & Silver Mining Stock Picks

**SPEAKER_1** (0:01)
This episode is brought to you by Netflix. From the creator of Homeland, Claire Danes and Matthew Reece star in the new Netflix series, The Beast in Me, as ruthless rivals whose shared darkness will set them on a collision course with fatal consequences. The Beast in Me is a riveting psychological cat and mouse story about guilt, justice, and doubt. You will not want to miss this. The Beast in Me is now playing only on Netflix.

**SPEAKER_2** (0:28)
It's okay not to be perfect with finances. Experian is your big financial friend and here to help. Did you know you can get matched with credit cards on the app? Some cards are labeled no ding decline, which means if you're not approved, they won't hurt your credit scores. Download the Experian app for free today. Applying for no ding decline cards won't hurt your credit scores if you aren't initially approved. Initial approval will result in a hard inquiry, which may impact your credit scores.

**Adam Taggart** (1:03)
Welcome to Thoughtful Money. I'm its founder and your host, Adam Taggart. A few weeks ago, we held the Thoughtful Money Fall Online Conference, which was a fantastic event. But the bonus video that all conference attendees received was a video from Precious Metals Analyst, Jeff Clark, going over his top picks for Precious Metals mining stocks. Now, it was very well received at the time, but in the weeks following the conference, the Precious Metals went through a bit of a price correction, which was, to be honest, quite expected, given how far and fast that they had run up in the months before. Now that the Precious Metals are back in rally mode, Jeff and I, and quite frankly, a number of the people that watch the conference, thought it'd be a really good idea to share that video with the general public at large. So that's what you're going to see here. So, enjoy.

**Jeff Clark** (1:55)
Hi, everyone. This is Jeff Clark of the Payter Prospector Newsletter at thegoldadvisor.com. Thank you so much for watching this video. This is your bonus video, as usual, from Adam Taggart's Thoughtful Money Fall Conference. So, I'm glad to be joining back here. And, you know, a lot's been happening in the gold sector. We have a lot to talk about. I have what I think is a pretty exciting presentation, lots of good research to give you, lots of good picks. And so, I want to get into it. But for those of you that don't know me, my dad was a gold prospector back in the day. He didn't work for a company. He worked on his own. Had some successes. His biggest success was a beautiful five pound, roughly, piece of bright white quartz that had gold weaving throughout it. We estimated about three and a half ounces. One piece. It was awesome. Anyway, I've worked for Doug Casey. I've worked for Mike Maloney. I've worked for other newsletters, other bullion dealers. Started the goldadvisor.com in the middle of COVID. But it's been successful and we're having a lot of fun. We're doing really well. We'll talk more about that later. But I just wanted to give you a background on me for those that don't know me. Okay, as usual, I've got a PowerPoint presentation here. I'm going to share it with you. And I think you can you should be able to see that there. So this is what we're going to talk about. The type of junior stock you must buy right now. And there's very specific types of junior stocks that are doing well right now. Others that quite aren't. So we're going to focus on the ones that are doing well. But there's one in particular you may not be aware of that is doing really well. I have my favorite stocks. I'm going to share with you in four different categories. Plus how to prepare for a correction because I do think that's coming. This is the current Precious Metals bull market that we're going to talk about. And here are the specifics, what a gold bull market looks like, why I remain long, why there's a valuation disconnect. I'm going to show that to you. Correction is incoming. The strategy on how to handle the current environment. There's no magic formula, but I have some specific things I do to handle this specific type of environment that we're in right now. We're going to talk about the bifurcation in mining stocks. I have some interesting things to show you there. The three types of stocks getting rewarded right now, and one you gotta buy right now, and again, my favorite stocks in four different categories. So let's jump in. Here we go. This is what a bull market looks like. You can see this is updated through October 10th. Gold has almost doubled. GDX has almost tripled. And GDXJ is up 220%. These figures are actually already outdated. They're actually up higher since. But anyway, we have the exact ingredients of what you look for in a confirmed bull market. GDXJ is outperforming GDX, and GDX is outperforming gold. Now, before I bring up my next slide, I wanna ask you a question. What do you think is the top performing major asset class worldwide year to date? Do you think it's gold? Do you think it's Bitcoin? Do you think it's NASDAQ with all the AI stuff going on? If you guessed any of those, ladies and gentlemen, you are wrong. The top performing asset class year to date is gold stocks. Look at that, GDX up 123% year to date. And by the way, look at the top five performing asset classes year to date. They're all in the precious metals sector. Gold stocks, platinum, silver, palladium, gold, all of them are outperforming all major stock indexes worldwide, including the NASDAQ. They're outperforming Bitcoin. They're outperforming, obviously, NASDAQ, real estate, commodities. And then you can see at the bottom there just how poorly oil and the US dollar have done year to date. Okay, so let's get into some more things here. Big investors are going big. That's exactly what is happening. In the first bullet point there, you can see gold stocks as a group raised $6.7 billion in Q3. It's the highest quarterly record on total on record. 6.7 billion in one quarter, the highest amount we've ever seen. And if you've been investing in the sector, you've probably noticed that many companies have been able to not only successfully raise, but raise enormous amounts. The company that was raising $1 and $2 million a year ago is now raising $5 million. The one that was raising $5 million a year ago is raising $10, $12, $15 million. We've seen some very big financings. What that means is these are usually investors that come from fund managers, institutions, things like that, the bigger investors. So they have been getting excited all year long about the sector and have been investing big amounts of money year to date. So that's something to be aware of. The second bullet point, you may not be aware of this. Q3 for gold was the largest quarterly gain on record. That's also true for silver. It was its biggest quarterly gain ever. Bank of America named gold miners its number one investment theme for this year, 2025, even ahead of AI. And it just raised its gold price forecast to $5,000 for 2026 Now, I know it's Bank of America, and sometimes we get a little contrarian when we see some mainstream coming in. But this does mean they're going to be investing in this sector.