Craig Hemke – Silver Breakout, Mining Stock Rotation, and Copper’s Tariff Spike
Craig Hemke, Founder and Editor of TF Metals Report, joins us for a wide-ranging discussion on precious and base metals, recorded Monday, July 14th.
Silver has broken out above multi-year resistance, with junior silver stocks leading the charge. Craig walks through what’s fueling this breakout, including speculative flows, tariff impacts, and positioning in the COMEX market.
We also discuss:
- Why silver is vastly outperforming gold and how the gold-silver ratio is driving sentiment
- How mining stocks are reacting, with smaller stocks outperforming majors like Agnico and Newmont
- Copper’s sharp move higher on new U.S. tariff announcements, and why Trump’s unpredictable stance is fueling volatility
- A cautionary take on silver hype, commercial short positions, and how bull markets typically unfold
- Inflation data, options expiry, and what to watch heading into the end of the week
Keep thinking it’s about to really pop and go ballistic.
Daily BBB:
https://schrts.co/dykkJJcT
There’s not much resistance above .45 for IPT.
https://schrts.co/VUKMwysi
Fact it’s green today really shows how strong this move is. Not going full consolidation mode like most silvers today
I agree. It’s been a picture of strength since breaking out 33 trading days ago…
https://schrts.co/WKVhaJCt
Silver is down more than gold today but SILJ is still up versus GDX and looks like it’s getting reading to run significantly higher.
https://schrts.co/wYuvsrBz
SLV:GDX is way off its recent low but still below last year’s low. I think it’s going much higher.
https://schrts.co/hMcTtxCE
HL filled Friday’s gap and is now 3% above today’s low.
https://schrts.co/NPfjHpfv
Remember, Abbra had a reverse 1:5 split 14months ago , up 130% since.
I picked up a little more Brixton yesterday on the backtest of its breakout(s) which happened early last month.
https://schrts.co/sFCwndPI