GoldSilver Research

Researching gold & silver in a shifting global monetary system. Macro • Hard assets • Market structure

[David Burrows @barometerca]

Corrections and shakeouts in #preciousmetals secular bull markets can be violent, but they can reverse just as fast.

Comparing to the first leg of the bull market in the 1970s, after the first move up to extended above the 200 week moving average, there was a 30% correction that breifly broke the 200 Day MA.

Look at the similarities to today... Extension, correction, a lower low to below the 200 Day over roughly the same time period...

We may not know what comes next but it is good to know what CAN happen. People tend to behave the same way over time.

It looks like the shakeout may have run its course

$PHYS $GLD #GOLD

[*Walter Bloomberg @DeItaone]

SENIOR ADMINISTRATION OFFICIAL: IRAN DEAL ACCOMPLISHES CORE U.S. OBJECTIVES

IRAN DEAL REOPENS STRAIT OF HORMUZ - OFFICIAL

SENIOR ADMINISTRATION OFFICIAL: U.S. TO GET ENRICHED MATERIAL UNDER IRAN DEAL

U.S. OFFICIAL: IRAN DEAL GUARANTEES LONG-TERM PEACE IN REGION

SENIOR ADMINISTRATION OFFICIAL: IRAN DEAL INCLUDES INSPECTION REGIME

SENIOR ADMINISTRATION OFFICIAL: IF IRAN COMPLIES WILL BE REWARDED ECONOMICALLY

SENIOR ADMINISTRATION OFFICIAL: BENEFITS FOR IRAN ACCRUE IF THEY ACTUALLY DELIVER

SENIOR ADMINISTRATION OFFICIAL: U.S. EXPECTS TO SIGN AGREEMENT OVER NEXT FEW DAYS

SENIOR ADMINISTRATION OFFICIAL: DRAFT AGREEMENT ALSO LIFTS U.S. BLOCKADE AND LEADS TO DISMANTLEMENT OF IRAN NUCLEAR PROGRAM

[The Knowledge Archivist @KnowledgeArchiv]

“Nothing is particularly hard if you divide it into small jobs."

— Henry Ford

[BookNote @BookNoteApp]

“People who love all fields of knowledge are the ones who can best spot the patterns that exist across nature.”

― Jeff Bezos

[Mark Minervini Quotes @MinerviniQuote]

"My philosophy and approach to trading is to be a conservative aggressive opportunist. It simply means to be aggressive in my pursuit of potential reward and at the same time to be extremely risk-conscious."

[Investment Wisdom @InvestingCanons]

"Most people are too fretful, they worry too much. Success means being very patient, but aggressive when it's time."

— Charlie Munger

[Steve Burns @SJosephBurns]

"In my whole adult life, I've never hoarded cash waiting for better conditions. I've just invested in the best things I could find."

— Charlie Munger

[First Squawk @FirstSquawk]

TRUMP CONFIRMS IRAN DEAL SIGNING IMMINENT, DOCUMENTS IN NEAR-FINAL SHAPE, WITH AGREEMENT ENSURING IRAN WILL NOT OBTAIN A NUCLEAR WEAPON.

[Investment Wisdom @InvestingCanons]

“When most people think about the future, they ignore that the future is a distribution of possibilities.”

— Howard Marks

[Reads with Ravi @readswithravi]

I’m in love with this sentence:

“One of the most underrated skills you can learn is the ability to ignore your mood and stick with the plan.”

[Finding Compounders @F_Compounders]

“I always knew I was going to be rich. I don't think I ever doubted it for a minute.”

-Warren Buffett

[Investment Wisdom @InvestingCanons]

Patience pays.

[RedboxGlobal India @REDBOXINDIA]

GOVT EXPLORES MEASURES TO BETTER UTILISE DOMESTIC GOLD HOLDINGS AND REDUCE IMPORT DEPENDENCE (MUTHOOT FINANCE,MANAPPURAM FINANCE) - NDTV

[Investment Wisdom @InvestingCanons]

Warren Buffett: “I have mainly learned by reading. I don't think I have any original ideas…”

Charlie Munger: “There are answers worth billions of dollars in a $30 history book.”

[Momentum Structural Analysis @Oliver_MSA]

Silver dropped almost 50% from June 1968 to November 1971, and then rallied ~420% into February 1974.

Silver then dropped ~43% into 1976 and then rallied ~1150% by January 1980.

Silver dropped 60% from March to October 2008 and then rallied ~490%.

Gold dropped almost 30% in late-1973 and then rallied almost 100%...and then dropped ~25% and then rallied another 45% all by January 1975.

Gold dropped 50% in 1975 and 1976 and then rallied ~770% by Jan 1980.

Gold dropped ~26% in 2006 and then rallied 90%.

Gold dropped ~35% in 2008 and then rallied 180%.

This sell-off since January 2026 is now the third largest silver has ever had within the context of a bull market, and for gold it's the the fourth largest...almost on par with the 1973 correction and nearly on par with the Great Financial Crisis. In terms of time from top to bottom, this is more akin to the 1973 correction (about 20 weeks) or 2006 (about 20 weeks).

All of these drops led to enormous V-bottom rallies, some so rapid that if they repeated today it would mean $8000+ gold by October.

[Compounding Quality @QCompounding]

"If you want to be successful in business and in life, you have to create more than you consume." - Jeff Bezos

[Market Rebellion @RebellioMarket]

Trading is a game of probability, but

It rewards discipline, not prediction.

It punishes emotions, not mistakes.

It’s not about being right every time—it’s about managing risk and letting probabilities play out.

The edge belongs to those who think long-term, not to those chasing certainty.

your job isn’t to control the market, it’s to control yourself.

[13D Research & Strategy @WhatILearnedTW]

A reallocation of global capital into hard assets appears to be in its early stages. If sustained, we think copper miners are likely to continue moving toward their 2011 R/S high versus the S&P 500.

We are seeing big patterns across hard assets and believe an exceptional buying opportunity approaches.

Learn more about our research offering: https://t.co/vp9iX1hynL

[Steve Burns @SJosephBurns]

“Understanding both the power of compound return and the difficulty of getting it is the heart and soul of understanding a lot of things.”

— Charlie Munger

[Don Durrett - goldstockdata.com @DonDurrett]

Yep, silver is going a lot higher. History will rhyme. 🧐