Gold At 4500 Why Top Miners Could Crash 50 Percent ~ Mining Stock Monkey

·52 min·5 clips

Jordan Rusci explains why you should reassess your portfolio if you wouldn't hold anything through a market crash.

Steve Barton introduces the episode by welcoming back Jordan Rusci, founder of Mining Stock Monkey, known for his deep research in resource investing. The conversation begins with a question on black swan events, where Jordan advises investors to hold positions through crashes and reframe thinking toward buying opportunities. He recommends a 20% cash position for liquidity during market drawdowns. Jordan then compares Newmont and Agnico Eagle, noting Newmont trades at a 25% discount but warns gold miners could crash 50% if gold prices fall from current highs. He suggests royalty companies as lower-risk alternatives. The discussion shifts to Royal Gold, with Jordan explaining its valuation discount using enterprise value metrics and addressing debt concerns, noting its debt will be paid off soon. He details Royal Gold's Hodmodern stake, arguing even a worst-case scenario leaves them with a valuable equity position. Jordan reviews B2 Gold's operational challenges and updates on other companies like Altius and Lundin mining, expressing caution on valuations. He surprises by highlighting Alphabet and Meta as value plays due to their growth and cash flows, contrasting with mining stocks. Jordan shares insights on oil price dynamics amid Middle East conflicts. The episode concludes with a promotion for his newsletter, offering 25% off to the first 30 subscribers, emphasizing his detailed analysis and risk-averse approach.

As heard by us

A mining-stock discussion that weighs bullish cases against costs, delays, cash flow, and portfolio resilience.

A market-crash warning gives this episode its shape as Steve Barton and Jordan Rusci work through mining stocks in terms of durability, valuation, risk, and positioning.

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Why you'd press play

You want mining-stock conviction with the feasibility numbers and crash-risk question kept in view.

Read the full recommendation in PlayNext →

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