Weekend Show – Doc & Jeff Christian – Gold & Silver Go Parabolic: Momentum vs. Macro
This week’s Weekend Show dives into the blistering rallies across gold and silver. First, Richard “Doc” Postma lays out why he still thinks we’re in the early innings of a secular bull despite extreme readings on the charts. Then Jeff Christian explains the mechanics behind silver’s breakout – what’s real, what’s hype, and what it means for investors as speculative flows collide with shifting macro risks.
- Segment 1 & 2 – Richard Postma, a.k.a. “Doc,” a longtime technical analyst and market commentator, who shares why he believes the gold and silver bull market is still in its early innings – highlighting record highs, strong technical momentum, supply deficits, and undervalued producers – while also noting his portfolio strategy across miners and his growing interest in oil and gas opportunities.
- Segment 3 and 4 – Jeff Christian, Managing Partner at CPM Group, explains that the sharp rallies in silver (back over $50) and gold (near $4,300) are being driven primarily by speculative/momentum buying amid rising political risks – rather than a “silver squeeze” – with temporary London tightness and a reversed NY-London arbitrage contributing at the margins. He adds that central-bank buying has cooled, CoT positioning isn’t extreme, refineries are backed up converting investor bars, and while prices look overheated short term, longer-term support comes from a fraught global political and economic backdrop.
- Click here to visit the CPM Group website to learn more about the firm.
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Investment disclaimer:
This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests may own shares in companies mentioned.
Good to hear Doc again!! He’s been missed!!
Vital Energy (mentioned by Doc) is being purchased by CRGY. Is said to be completed before year end. FYI. https://investor.vitalenergy.com/news-releases/news-release-details/crescent-energy-acquire-vital-energy-all-stock-transaction
I just got a proxy in the mail to approve the merger of UNP and Norfolk Southern RR.
Are you voting no? I bought UNP over 40 years ago and it has done better than I dreamed.
SCZ at $2.20 is a gift!
I have acted accordingly. GLTA
There is a lot of torque to the upside left in SCZ. DT
I added back some Santacruz Silver on Friday that I had trimmed back previously, for just those reasons.
DT, at least short term, SCZ looks like it’s going lower…
https://schrts.co/xjqFwfWu
Weekly
https://schrts.co/MFGGwDsS
I don’t own any SCZ for the moment, cut back on all Silver stuff but got tagged on vanadium ownership, not much escaped last weeks drubbing.
Brutal Close To The Week In Resource Stocks, After Starting The Week In Rarified Air
Excelsior Prosperity w/ Shad Marquitz (10-18-2025)
Charts of Gold, Silver, GDXJ, SILJ, REMX, URNJ, and additional thoughts on Probe Gold, Americas Gold and Silver, Santacruz Silver, Aftermath Silver, Neo Performance Materials, Energy Fuels, enCore Energy, and Uranium Energy Corp.
https://excelsiorprosperity.substack.com/p/brutal-close-to-the-week-in-resource
Stock Trader Network Room: Shad Marquitz
Pre-Market Prep – Oct 16, 2025
When a government goes down the slippery slope of money printing what you are doing is greasing the wheels of speculation. When the money supply increases the public and institutions start looking for ways to increase their wealth even further. As time goes on the inflation of credit becomes more and more dangerous.
Speculation starts absorbing more and more of the money supply as prices rise on all sorts of hard assets and in the stock market. The normal course of The Federal Reserve at this time is to raise rates, which cuts the legs out of speculation. But The Fed would rather sit back and hope that speculation cures itself.
If The Reserve raises rates it runs the risk of bringing about a decline in the stock market, also forcing businesses and the government to pay higher rates. Instead they do what human nature always does and that is to take the easy way out. So, the money printing becomes more pronounced and so does the danger.
Now we have Trump wanting to lower rates to keep the money spigot flowing. If The Fed was to ask Washington to increase rates to force up the price of money for speculative purposes the permission would be denied. The trap was set a long time ago and no government would want to be associated with a terrific smash in the economy.
So like any Ponzi Scheme you have to wait for the pin to meet the bubble. DT 🧨