Gerardo Del Real,
Editor
Oct. 22, 2025
Well, it was fun while it lasted. The great “exit gold” and “rotate into Beyond Meat” pivot is on!
I kid… but you’d think so given the “expert analysis” going on out there as to why gold is down three hundred bucks this past week.
Context matters. A month ago, we were sitting at $3,735 an ounce. Even after the pullback, gold is still up nearly 10%.
Silver? Silver was at $43.84 an ounce within the past 30 days… so forgive me if a healthy correction, which is exactly what this is, doesn’t cause me to lose any sleep.
The reaction in the equities has also been a gift. Billion-dollar gold companies dropped 10-15-20% on the pullback and actually front-ran the price action in the metals space when they took a breather on an up day in the gold and silver space.
The velocity in the precious metals prices simply got ahead of itself and is now correcting. I expect gold to settle near the $4,000-$4050 level and silver right around the $48 level. In other words… right around where they trade today.
Could they fall further? Sure. But these levels provide a healthy new base for the next leg up. And no matter what Jim Cramer tells you, there will be a next leg higher!
Ask yourself, “Is the $37 trillion national debt any different now?” Actually it is… in a funny, not so funny way: It’ll be $38 trillion soon. Global debt? Same.
Do we finally have competent leadership on the monetary, fiscal, or geopolitical stage? You know the answer to that. Expect rate cuts, more debt, and more kicks of the debt-can down the road. Own the stuff they can’t print out of thin air!
So what to do?
Well, that depends on your situation. I gravitate toward the explorers where daily gyrations in the metals prices affect sentiment in the short-term but not the process. Certainly not at $4K gold and $48 silver.
For me, I’m looking for new ideas in companies with solid share structures and proven management teams that can add value in this cycle via the drill-bit or through accretive acquisitions.
I’m finalizing due diligence on two such opportunities as we speak. One for Junior Resource Speculator and one for Junior Resource Monthly. The kind of companies that, if able to execute in the field, can provide 5X, 10X, 20X returns on our capital.
It’s early days for the metals trade, folks. And yes, some companies have gotten ahead of themselves… but there’s still a lot of value out there yet to be recognized.
I’ll be at the New Orleans Investment Conference November 2nd through the 5th in what promises to be a spectacular event and an incredible lineup.
It’s a long-running conference that delivers every single year… and I hope to see some of you out there.
Let's get it,
Gerardo Del Real
Editor, Daily Profit Cycle