Craig Hemke – Gold & Silver Finish 2025 at All-Time Highs! Structural Shift or Blow-Off Top?
In this year-end daily editorial, Craig Hemke, Founder and Editor of the TF Metals Report, joins the KE Report to recap a historic year for precious metals and look ahead to the structural shifts of 2026.
Gold closes the year with a staggering 65% year-to-date gain, while silver has outperformed, nearly doubling that figure. Craig analyzes why the traditional “Trump Trade” of a soaring dollar failed to materialize, replaced instead by a fundamental global shift toward hard assets. We discuss the “structural superfecta” – the rare occurrence of metals hitting weekly, monthly, quarterly, and annual all-time highs simultaneously – and why 2026 could be defined by a new macro era of asset monetization and yield curve control.
Click here to visit Craig’s website – TF Metals Report – https://www.tfmetalsreport.com/
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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 and hosts may own shares in companies mentioned.
“In this year-end 2025 wrap-up, Craig Hemke for Sprott Money is joined by legendary investor Eric Sprott to dissect a historic year for precious metals. With gold up 65% and silver soaring, Eric discusses why the price of gold and silver are just getting started. From record-breaking physical silver demand in India to unprecedented delivery requests on the COMEX and Shanghai exchanges, Sprott believes the silver market is out of control—and that’s just the beginning.”
“Eric predicts a return to a 15:1 gold-silver ratio, suggesting silver could reach $300 if gold hits $4,500. They cover the latest on solid-state battery technology, China’s silver export ban, and why mining stocks remain significantly undervalued despite the silver price doubling.”
Timeline:
00:00 Introduction and Overview of 2025
01:47 Gold and Silver Market Dynamics
08:53 Investment Strategies and Allocations
11:03 Market Manipulation and Short Selling
17:02 Future Market Predictions and Risks
25:43 Silver Reserves and Market Potential
27:14 Exploring Silver Deposits and Permitting Concerns
28:30 Infrastructure and Production Readiness
29:25 Discovery and Management in Mining
31:19 America’s Gold and Silver: A Strategic Investment
33:31 Innovations in Mining Processes
34:56 Newfoundland’s Gold Potential
38:32 Overlooked Investment Opportunities
40:31 The Future of Silver and Solid State Batteries
I can’t wait for Trump to shake down precious metal miners for 15% of their companies as he did to chipmakers selling into China earlier this year.
Perhaps he will suggest, helpfully, they diversify their growing cash hoards into hard assets of ‘real’ value, say, cryptos…and he might suggest, again helpfully, a certain crypto exchange to facilitate the trade.
Merry Christmas to all.
Crescent Mine Acquisition Creates Strategic Silver Consolidation Value
Muflih Hidayat – Discovery Alert – December 22, 2025
“Modern silver mining economics increasingly favor operations that can maximize existing processing infrastructure rather than building new facilities. Processing capacity utilization rates directly impact per-ounce production costs, with underutilized mills representing significant opportunity costs in capital-intensive industries.”
“Americas Gold & Silver’s consolidated Idaho operations demonstrate this principle effectively. The combined Galena and Coeur mills feature 1,250 tons per day of total processing capacity, while current Galena production operates at approximately 408 tons per day, representing only 32.6% utilization. This substantial available capacity enables the company to process Crescent material without major capital expenditure on new processing facilities.”
https://discoveryalert.com.au/silver-mine-consolidation-value-2025-north-america/
Eric Sprott’s SHOCKING Portfolio – 2025 Yearly Wrap-Up
Craig Hemke & Eric Sprott – Sprott Money – Dec 19, 2025
https://youtu.be/Ej0QpJPnx60