Warren

@moretradingonl Love the updates. Next few days and weeks are key. I know a lot of ppl are holding dry powder to load the boat if we go to the lows that everyone is predicting

$SILVER Rejected again at resistance, still holding above Thursday’s low. Below $66 would be the first sign of further downside. Lose $61.20 and continuation lower becomes more likely. For now, structure unchanged. Confirmation still needed.

@Morecryptoonl Well said Ben !

People still underestimate how important it is to actually listen to the full analysis. We’ve been talking since February about a likely B-wave environment, and what do B-waves do? They chop, they fake, they move up, they move down, they look like the start of a trend and then reverse. And yet every small push up suddenly becomes “this is it”, and every small drop becomes “it’s over”. That is exactly what a B-wave is supposed to do. You are not in a clean trend. You are in a corrective environment. And in that environment, most moves are countertrend, fragile and temporary. They are not meant to be trusted at face value. So if you keep reacting to every small move inside a range like it is the beginning of a new trend, you are basically doing exactly what a B-wave is designed to make you do. This is not new. We have been outlining this for weeks. Elliott Wave is about understanding the structure you are in. And right now, the structure is messy, overlapping and deceptive. That should already tell you that you need to be more cautious, not more aggressive. And just to be clear, there is more than enough material to understand this properly. There is a full Elliott Wave course, a lot of educational content, and every update video walks through the structure step by step. We can explain it. We can show it. But actually listening to it and applying it correctly is something everyone has to do themselves. So instead of jumping on every small move, zoom out and ask yourself what environment you are in. Because right now, this is behaving exactly like a B-wave should. Enjoy your weekend!

@DonDurrett I'm just worried how hard good and silver is going to get hit before we rocket

This chart should get your attention -- if you own the S&P 500. 🧐

@GunstPhilip I don't mean it in a negative way. You posted a couple months ago that if this isn't sold within 6 months then it'll tank. Then shortly after, daily post that push the narrative. So one could feel like this is an exit strategy tactic and I truly hope it's not

I was wrong (again). For the past year or so, I have been arguing that I didn’t think we would see a run up in the share price in Colonial Coal $CAD.V before the first bid. My key argument has been that the retail sentiment has and will always be so poor in this stock because of the number of times management has indicated that a bid was close without it happening. That is what 5 years and two double tops at ~3.50 before returning to ~$1.10 do to your shareholder base. It has turned out differently. It at least seems like that right now. But why? I think there are two primary reasons why. (1) India positioning the deal publicly I met with @ItsWarrenIrwin back in early December after David released the MCR. He was praising the research being conducted and emphasized the importance to collect third party intel in a case like $CAD.V. He also shared some of his vast experience and said that the Indian politicians like to take the credit for deals so he was pretty sure that we would see some media coverage should a deal get closer with the Indians. Oh boy was he right. I guess you don’t have to have followed me for more than a few weeks to see the overwhelming amounts of evidence the Indians have put in the press about their interests. From the Minister of Steel stating, almost leaking, that @nmdclimited is exploring coking coal acquisitions in Canada to the government folding coking coal into the Critical Mineral category. With David having been in India for two weeks, with Mark Carney going to India in ~2-3 weeks and with Canada and India discussing trade agreements, critical minerals and specifically matchmaking in mining, then it seems like we are nearing a climax in the past five years - and it has been made public like a playbook being executed to perfection. (2) Suitor(s) building a minority stake in the open market The chatter in the bulletin boards about a shorter has been going on for sometime now and it looks like we can kill the myth as the selling from CIBC seems to be coming from a cluster of larger shareholders in Europe that has been on the journey for many years. CIBC has sold 3.5m shares since the MCR release and 6.7m shares the past year. There’s also confirmed rumors that suitor(s) have been accumulating shares in the open market. Honestly, I think the CIBC sellers have only made life easier for the suitors and when we close a deal, we will likely see one or several suitors owning 10-25% of the outstanding shares. Just like Anglo had when David sold NEMI in 2012. The fine will be peanuts compared to the saving on the final price tag of $CAD.V. Bottom line I was wrong. We had our second highest close in history at 3.50 this week. We are up 30% YTD and 150% in ~3 months. We have been seeing a front running to a potential bid. Not a crazy run-up - we are still “only” trading at US$0.75 per ton in ground. This is also a testament to the professionals trading the stock. They accumulate heavily under 500-1000k volume days and then step away for a few days and let it set back on low volume. 2.80 >> 2.60 >> 2.90 >> 3.30 >> 2.90 >> 3.50 >> 3.35. It seems like we are getting close to catching a bid. The Indians - with Colonial mgmt. and Partha on the ground - have likely been designing a deal blueprint for some time now together with PSUs and the government. Likely working towards Carney’s visit. China has a golden window now before Canada and US mitigates the political tension - and a golden opportunity to screw the Indians preparatory legwork in the past weeks. What’s the present fair value? Weighted probability could be: No bid tension: $1/t = 4.6/sh × 10% probability = 0.46/sh (weighted) Bear case: $1.5/t = 6.9/sh × 25% = 1.73/sh Base case: $2.5/t = 11.4/sh × 50% = 5.7/sh Bull case: $3.5/t = 16.0/sh × 20% = 3.2/sh No deal: 1.50/sh × 10% = 0.15/sh That gives you a 11.24/sh present fair value. Still quite the upside for those asking if I’d buy now. Exciting 4 weeks ahead.

@GunstPhilip I always love your posts but lately you're sounding like you're pumping. I hope your investors aren't using this to unload while we bag hold..... I was a bag holder the first time and getting a little worried this time

@DonDurrett That 2015 one looks so juicy. Wish I was part of that one

If you pay attention, you will see chart after chart revealing that we remain early in this gold/silver miner bull market. This one is very revealing. 🧐

@TrendingBitcoin I'm moving to gold.

SAYLOR ISSUES WARNING TO BITCOIN COMMUNITY: "IF BITCOIN WENT TO $10 MILLION DOLLARS TOMORROW I WANT YOU TO THINK ABOUT HOW YOU'D FEEL."

@DonDurrett instagram.com/reel/DT27LimiM…

Friday Recap AU: $4935 ($4596 - Last Week) AG: $103.08 (90.04) HUI: 884 (802) DXY: 97.5 (99.1) S&P: 6915 7(6940) 10-Yr: 4.2% (4.2%) Oil: 61 (59) We started the year at $4321 gold and $70 silver. Today, spot gold closed at $4983, up $650 (15%) in three weeks. Silver closed at $103, up $33 (47%) in three weeks. Silver is now up 194% since early August (less than 6 months). The GSR (gold-silver ratio) has squeezed down to 48, and the SGR (silver-gold ratio) is at 2.1%. Silver has just about caught up to gold, although it could overshoot. I expected to see a GSR of 40 and an SGR of 2.5. We will likely see that soon, and I expect to see the squeeze continue. An SGR of 3% looks likely. Let’s do the math: $6,000 x 3% = $180 silver. The wind is at gold’s back. That is not likely to change in 2026. We will get a few corrections, but they are to be bought, and the chance of this gold bull market ending in 2026 is extremely low. The worst case is perhaps a 15% correction, and we probably won’t get one that deep. We can expect perhaps one deep correction of 10% to 12%. That will be a buying opportunity. Silver will not be so tame. When you get a 47% ripper in three weeks, expect a deep correction at some point. Plus, I expect a shortage of silver to appear soon, which will cause governments to react. My guess is that whatever they do will cause silver prices to temporarily plunge. However, whatever they do will not fix the supply/demand problem. Plus, if gold continues to trend, silver will follow. The silver miners have the most leverage but also the most volatility. They have leverage because they are rare, and investors have few choices. Plus, if investors buy the silver miner ETFs, those ETFs will buy most of the silver miners. It’s not easy for most gold miners to get into an ETF, but it is for a silver miner. I own a lot of gold miners that are ignored by the ETFs, but my silver miners tend to be in the silver miner ETFs. If silver trends to $150 or higher in 2026 and stays there, both the silver miners and the silver miner ETFs are going to fly. The leverage is huge, but so is the potential volatility. Gold has ripped $650 in three weeks for a reason, and that reason is uncertainty. Why is Wall Street so bullish (try to find a bear) if there is so much uncertainty? Ironically, Wall Street is ignoring the uncertainty and the macro factors that point to it. Ray Dalio has been screaming that there is a problem, but Wall Street has ignored him. What is that problem? The US economy has a near-term growth problem and a US government debt problem ($2T deficits, plus huge rollover debt). The rest of the world sees it coming and is buying gold in anticipation. Once the US economy stops growing, something is going break. The S&P 500 is near an ATH, but it is also close to topping. We might have a few months of stock market growth left, but 2026 looks ominous, and gold is sniffing it out. Gold is the flashing red light, and silver is the confirmation to take cover.

@DonDurrett Miners were up big today compared to spot. Do you think wallstreet starting to arrive ?

Gold and silver continue to trend in China. We could get a monster close in NY tomorrow if these levels hold. 🧐

@DonDurrett x.com/i/status/20105…

Joke of the day. 😂 Or, perhaps not. 😳

@DonDurrett Normally I would be worried that it's mostly bullish but we all follow you for a reason. Similar mindframe on precious metals

The early vote is in. 10% bears was what I expected. Most of you are not that worried that this silver bull market will end anytime soon. 🧐

@ThePickaxe_Ag I doubt it. I'll believe it when I see more sources. Government backed would make headlines

It is government backed

@DonDurrett Thank you. I've heard a few ppl thinking about selling all Mexican exposures. Hopefully word gets out that it's fake. If it's cartel, no issue. If it's government, that would send shockwaves. Foreign investment, tourism, possible war, etc

This appears to be fake news. I thought it likely was fake news because of the single source.

@AnthonyPer63039 @DonDurrett I agree. I searched for a few hours and nothing. World governments would take notice

@DonDurrett What I find interesting is that Silver Academy is the only public source of this information. It happened on Dec. 5 and there are no official statements from the company or authorities. No other media sources. Do they have a reputation for accurate journalism and reporting?

🧐

@DonDurrett Are we selling all our Mexican mines ? Asm, vzla, maybe dsv but they have Canadian gold, etc ?

@DonDurrett This was a perfect storm. Sprott, you and a few others all mentioned it on the weekend. Ppl were ready to go. I didn't get a chance to buy.

I don't think he got my exit price post. 😂

@DonDurrett 39:28 mark. Eric sprout talks about Don durett ! Epic!!!

@DonDurrett youtu.be/Ej0QpJPnx60?si…

I just posted this on the GSD Forum. Highlander Silver After acquiring Bear Creek Mining for a 24% premium, they print as a 10+ bagger at $100 silver (after Corani is built).  Added to: Favorites List Top 25 10 Bagger List Silver Miners

@DonDurrett Eric sprout just gave you a shout out on YouTube right now

@DonDurrett I watched this earlier. If you have time, what's your opinion on Aya's updated resource today ?

I do these once a month. 🧐

@DonDurrett Vzla ? Discovery ?

🧐