Mike Maloney says gold and silver are being set up for a major move as financial bubbles burst and another wave of money printing begins. He says gold above $20,000 would not surprise him, while silver is destined for the mid-triple digits and needs to move toward $300 to $500 in the short term. In his view, silver’s supply-demand imbalance is becoming critical, with falling supply, rising industrial use, depleted above-ground stockpiles, and paper claims on silver that cannot last forever.
$YAL
-Down 17% from recent high
-Financials still good imo given the weak coal prices with $2.68B revenue & $163m NPAT for H1 2025
-$1.8B cash
-Currently on MT support with a big gap above
-Closed +2% today in a weak market