Latest / SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT / EXPECT THIS! **GOLD & Silver Price** -- (JP Morgan, Dollar, Precious Metals Update, GoldMining Inc)

Transcript

EXPECT THIS! **GOLD & Silver Price** -- (JP Morgan, Dollar, Precious Metals Update, GoldMining Inc) · SILVER / GOLD / $UFD: Surviving Global Economic Shifts | RONS BASEMENT

• 0:03
  JP Morgan is calling for a gold price as high as $6000 by the
• 0:08
  year 2029 and we have record amounts of money flowing into
• 0:13
  the gold sector. Take a look at this chart.
• 0:16
  Gold is up almost 28% in 2025, while the dollar is down nearly
• 0:23
  9%. The dollars trading at
• 0:26
  three-year lows. That's how tremendous this trend
• 0:29
  is. I don't remember it ever being
• 0:32
  so attractive. But the biggest story in my
• 0:35
  opinion is the breakout in mining stocks as represented by
• 0:39
  the GDXJ index, which is up nearly 45% in 2025 and the
• 0:47
  dollar is having a dismal 2025. The world's largest investment
• 0:52
  banks have some lofty projections for the gold price.
• 0:57
  We're going to get to that list next.
• 0:58
  But first, most importantly, thank you for joining me here in
• 1:02
  the basement. It's a big deal when you give me
• 1:05
  your time. We love to talk about the
• 1:07
  precious metals. We love to talk about the mining
• 1:10
  stocks. I hope you feel like you found a
• 1:12
  home away from home. Please subscribe to the channel,
• 1:15
  give the video a thumbs up and share it with anyone you like.
• 1:18
  But let's go through this list. It is a stop to hear what the
• 1:22
  big investment banks are predicting for the gold price as
• 1:25
  we head into the coming months, quarters and years.
• 1:29
  JP Morgan gold expected to rise towards $4000 an ounce by Q2 of
• 1:35
  2026. Long term 2029 potential to
• 1:41
  reach $6000 per oz. Goldman Sachs gold by mid 2026
• 1:49
  expected to reach $4000 an ounce.
• 1:53
  That's one year from now. Bank of America Gold 2026
• 1:58
  forecast $4000 per oz. Are you seeing a trend?
• 2:03
  Silver 2026 forecast past $40.00 an ounce with potential to
• 2:08
  outperform gold in 2025. The gold sector is getting a
• 2:13
  growing level of attention and as we just saw, there's a lot of
• 2:17
  potential for much higher prices in physical gold.
• 2:21
  But is the smart money? Taking a look at the gold mining
• 2:24
  stock, the gold developers, I want to tell you about the
• 2:27
  sponsor of today's video, Gold Mining Inc.
• 2:31
  They trade on the NYSE American with ticker symbol GL DG, but
• 2:37
  they're trading at approximately the same price today that they
• 2:41
  were in 2018 when gold price was less than half of what it is
• 2:47
  today. GLDG is trading near A5 year low
• 2:52
  while gold is hitting new highs. Gold Mining owns one of the
• 2:57
  largest gold and copper gold resource stage mineral
• 3:01
  portfolios in the Americas. We're talking some dozen
• 3:04
  projects across five countries located in pro mining
• 3:09
  jurisdictions in Canada, USA, Brazil, Colombia and Peru with
• 3:14
  an estimated 12.4 million ounces of gold equivalent in the
• 3:19
  measured and indicated category and an additional 9.1 million
• 3:24
  ounces of gold equivalent in the inferred category.
• 3:28
  Gold Mining Inc doesn't just own resource stage mineral
• 3:31
  properties, it also has a portfolio of publicly traded
• 3:35
  equities and cash. Gold Mining has grown it's
• 3:39
  portfolio of publicly traded securities to over $150 million
• 3:45
  based on the market closing price of those securities on
• 3:48
  June 12th, 2025. This now surpasses the current
• 3:52
  market cap of the entire company.
• 3:55
  But that sank in for a second. Gold mining inks portfolio of
• 3:59
  equities without even talking about its cash and equivalents
• 4:03
  and it's dozens of gold projects is worth more than the entire
• 4:08
  market cap. The marketable securities
• 4:11
  comprise entities from spin outs and an option agreement
• 4:14
  including 13% Gold Royalty Corp, 79% US Gold Mining Inc, 22%
• 4:20
  Nevada Gold forming a solid financial foundation and also an
• 4:25
  additional 6.8 million of cash and equivalents as of the last
• 4:30
  reported quarter in financials on February 28th, 2025.
• 4:36
  Gold mining is focused on advancing key projects such
• 4:39
  which is a Sao Jorge project in Para state, Brazil.
• 4:43
  The company's just initiated the largest exploration program in
• 4:47
  the history of the company. At Sao Jorge, the future looks
• 4:52
  bright for Gold Mining Inc and as you can see in this graph,
• 4:55
  gold stocks have a tremendous gap to close compared with gold
• 4:59
  spot price which has soared. One of the biggest challenges
• 5:03
  facing the gold industry today is reserve replacement.
• 5:08
  Large mining companies need new discoveries or mergers and
• 5:11
  acquisitions activity to replace the oz they're producing.
• 5:16
  That's where companies like Gold Mining Ink may come into focus.
• 5:20
  Size, quality and location matter.
• 5:22
  The Gold Mining Ink portfolio includes increasingly scarce
• 5:26
  large scale gold and gold copper projects and mining friendly
• 5:31
  jurisdictions, just what the major operators will need to
• 5:35
  replenish reserves mined through production.
• 5:38
  Back in 2010 to 2012, the combined peak market caps of the
• 5:43
  companies that previously owned the assets in the gold mining
• 5:48
  portfolio was approximately 850 million Canadian dollars.
• 5:54
  And that's back when the Canadian dollar was much closer
• 5:57
  to par with the US dollar. Fast forward to 2025 and Gold
• 6:03
  Mining's entire market cap is around 150 million U.S. dollars,
• 6:09
  despite gold prices climbing from about $1900 in 2011 to over
• 6:16
  $3300 per oz today. Gold mining has a strong
• 6:21
  leadership team led by industry experts with decades of
• 6:25
  experience successfully growing and operating mining companies.
• 6:29
  Led by Co Chairman David Garofalo, ex Gold Corp CEO Amir
• 6:34
  Adnani. A serial success story in ex
• 6:38
  Newmont executives. This team has proven records of
• 6:41
  success. Insiders collectively own over
• 6:45
  10 million shares or about 5% of the company as of May 12th,
• 6:50
  2025. They have real skin in the game.
• 6:55
  Key shareholders of Gold Mining Inc include Roofer BlackRock,
• 6:59
  Sprott, Morgan Stanley, the GDXJETFUBS and Goldman Sachs.
• 7:05
  Just the name of few institutions are all key
• 7:09
  shareholders. Management and insiders, as well
• 7:12
  as key shareholders all have positions in GLDG.
• 7:18
  If you're looking at companies with leverage to the gold price
• 7:21
  and a long term development strategy, GLDG may be worth a
• 7:27
  closer look. Check out gold Mining, ticker
• 7:30
  symbol GLDG and visit goldmining.com.
• 7:34
  Always do your own research and thank you, Gold Mining, for
• 7:37
  sponsoring this video. There's big potential that the
• 7:41
  US dollar can enter a protracted bear market.
• 7:45
  We'll be following those developments closely, but that
• 7:48
  would provide major support, a real tailwind for the precious
• 7:52
  metals prices. We'll stay on top of it all.
• 7:56
  Thank you for joining me here in the basement.
• 7:58
  I'll look forward to seeing you next time.