Rest and recharge...

You are receiving this message because you have specifically subscribed to Golden Opportunities, have purchased a product or have registered for a conference with us or with one of our partners. If you'd rather not receive emails from us, please click the link at the bottom of this page to unsubscribe from our database. Remember your personal information will never be rented or sold and you may unsubscribe at any time.

Contact Us | Privacy Policy | View in Browser | Forward to a Friend

Rest And Recharge

The expected commodity fund rebalancing — along with an opportunistic short attack — take the metals down.
 

This, too, will pass as the broad-based commodity bull market charges on.

Just because you expect something doesn’t mean it doesn’t hurt a bit when it comes.

That flinch just before the needle hits your arm probably makes the actual shot sting even more. So it’s no comfort as the entire metals complex gets sold off today to have expected a strong bout of selling to begin this new year.
 

But that selling pressure is temporary, while the factors that have been driving gold, silver, platinum, palladium and copper — among many other commodities — higher will remain in place once this selling abates.

Golden Opportunities continues below...

Sponsor:
Heliostar Metals

A Mexican gold producer targeting ~500koz by the end of the decade.  

Heliostar Metals is building the next mid-tier gold producer with a clear strategy focused on speed, grade and growth. Operating two producing mines and advancing a fully owned pipeline of high-quality development assets, Heliostar offers investors a compelling blend of near-term cash flow and substantial long-term upside. This rare combination results in meaningful growth without equity dilution.

Highlights
 

• Producing Today, Growing Fast: Two operating mines, La Colorada and San Agustin, are driving current cash flow, with recent restarts, mine life extensions and expansion approvals supporting a strong production profile through 2026 and beyond.
   
• High-Grade Growth Pipeline: Three advanced development projects provide clear line-of-sight to growth, led by the high-grade Ana Paula Project, targeting first production in 2028 with 101,000 ounces/yr. at a sector-leading AISC of just $1,011/oz.
   
• Clear Catalysts Ahead: Near-term milestones include restarted production, feasibility studies, permitting advancements and ongoing drill results at the mines and Ana Paula, all designed to unlock value across the portfolio.
   
• A Proven Strategy in an Overlooked Space: Heliostar is focused on building 100,000–250,000 oz/year mines, a segment largely abandoned by major producers yet historically proven to generate outsized growth and value.

Heliostar’s vision is to grow into a premier precious metals company by targeting 300,000 - 500,000 ounces of annual gold production by 2030. Supported by a 100%-owned asset base, strong leverage to gold prices and multiple value-creating catalysts, the Company is uniquely positioned to scale into a multi-billion-dollar gold producer.

Click here to learn more and view the full company presentation

The Eye Of The Storm

After a brief decline last Friday, the metals surged higher into the first full trading week of the year.
 

And when I say metals, I mean everything — not only gold and silver, but the PGMs as well as copper and other base metals, as well as uranium and energy metals. (Nickel bounced off a long-term bottom and gained 9% yesterday!)

It’s powerful evidence that the commodity supercycle is only gaining steam.

Frankly, though, that surge surprised me. On December 29th, as the metals were selling off, I warned our Gold Newsletter Alert readers of the reasons behind that selling, which would continue into the new year:

There are plenty of well-understood bearish factors at work for the metals right now that shorts can jump on to rationalize a selling frenzy, including:
 

•     Investors with big gains in gold and silver are putting off taking those gains until the new year...
 

•     Commodity funds will be forced to sell the metals as they rebalance their portfolios in the first few trading days of 2026...
 

•     Pending margin hikes for gold and silver on Comex

Undoubtedly a large contingent of traders want to get ahead of a potential downdraft in the metals and have been quickly exiting their positions.

In particular, the rebalancing of commodity funds is beginning to hit. And knowing this, opportunistic traders (some might say manipulators) used the thin trading volumes overnight to launch an all-out attack on the metals, particularly silver.
 

You can see that attack clearly in this chart:

For its part, gold’s reaction has been more civilized. While silver is down 3.5% as I write, gold’s off only about 0.9%.

Given my long-term views on this historic bull market and the drivers behind it, you won’t be surprised that I view this as a buying opportunity. We’re simply in the eye of a raging, bull-market storm at this moment.
 

There will be a few days of selling by the commodity funds, so I would not be surprised to see a bit more weakness in the sector. But neither would I be surprised to see the long-term buyers — from central banks to stable coins to institutions and individual investors across the globe — come in to drive prices right back onto the uptrend.

I’ve warned that the involvement of Western investors/traders would bring more volatility, more wiggle to the uptrend, and that’s precisely what we’re seeing today.

Let’s keep our eyes on the prize and take advantage of the buying opportunities they’ll give us.

All the best,

Brien Lundin
Publisher, Gold Newsletter
CEO, the New Orleans Investment Conference

CLICK HERE
To Lock In A Full Year
Of Gold Newsletter