Top Three Videos – March 20, 2026
Email in**@***********in.com or Call 952-929-7006 to Contact
Miles Franklin.
Mention “DollarCollapse.com” for Preferred Pricing.
Get authentic products at fair pricing.
Rick Rule: Why Gold Pullbacks Don’t Matter in a Bull Market...(March 12, 2026)
Sprott Money...
Summary
According to Rick Rule, gold price pullbacks are insignificant and present buying opportunities in a bull market, and he remains bullish on gold and uranium stocks, expecting them to perform well long-term.
Market Volatility in Secular Bull Markets
During the 1970s gold bull market, gold experienced 4 separate declines of 25%+ and halved in 1975, demonstrating that volatile declines occur even in secular bull markets if investors are psychologically and financially prepared to stay in the trade.
Hockey stick charts correct 99% of the time, with the backside decline being as steep as the front side rise, making timing critical for long positions.
Strategic Portfolio Management
Rick Rule sold 80% of his silver at $75 to reallocate into gold, silver stocks, and oil/gas stocks, treating silver as a speculative portfolio component and selling when it no longer offers the best risk-adjusted return.
Battle Bank enables gold bugs to access capital tied up in precious metals by using them as collateral for lines of credit without triggering capital gains tax or liquidating holdings.
Mining Sector Valuation
Major mining companies trade at 1.2-1.3x NAV based on consensus $3,300 gold pricing but are selling at $5,200, indicating significant undervaluation and potential for positive earnings surprises.
Uranium Market Transformation
The uranium market is transitioning from volatile spot prices to fixed long-term contracts, reducing producers’ cost of capital and improving project financing viability for companies like NextGen and Paladin.
Uranium fuel costs represent only 5% of nuclear power plant operating budgets, making demand price inelastic where a doubling of uranium prices has minimal impact on overall production costs.
Currency Outlook
Rick Rule predicts the US dollar will decline 75% in purchasing power over the next 10 years, while gold maintains its purchasing power during this devaluation period.
Clive Thompson: Gold and Silver Miners: There are Index changes coming up shortly. I name the companies...(March 17, 2026)
Clive Thompson...
Summary
The Market Vectors Global Gold Miners Index is undergoing changes, with several gold and silver mining companies being added to or removed from the index, leading to a rebalance of the VANC gold miners ETF portfolio.
Index Rebalancing Events
Greatland Resources enters both MVGDX on March 20, 2026 and S&P/ASX 100 on March 23, 2026, creating dual buying pressure from ETFs tracking both indices within a 3-day window.
West Gold transitions from MVGDX-only to dual listing by entering S&P/ASX 100 on March 23, 2026, expanding its institutional investor base beyond gold-focused funds to broader Australian equity portfolios.
Market Performance Divergence
Gold miners underperformed underlying metals in 2026 YTD with MVGDX rising less than 20% despite gold surging +20% (from $4,300 to $5,000) and silver climbing from $73 to $80, indicating potential catch-up opportunity.
Index Addition Details
MVGDX adds 4 companies on March 20, 2026: Greatland Resources, Aris Mining Corp, Centa Gold, and Endeavor Silver Corp, forcing passive ETF managers to purchase these stocks regardless of price.
S&P/ASX 100 adds 3 precious metals stocks on March 23, 2026: Greatland Resources, Regis Resources, and West Gold, concentrating Australian index buying into a single sector within one rebalancing event.
Robert Sinn: Valuations In Gold, Silver, Copper, PM Producers, Developers, M&A Deals, & 3 Explorers...(March 13, 2026)
Robert Sinn...
Summary
Robert Sinn is optimistic about the gold, silver, and copper market, expecting a continued bull run driven by strong demand, reasonable valuations, and creative M&A activity, but advises investors to be strategic and manage risk through diversification and emotional discipline.
Valuation Metrics & Market Cycles
Gold producers like Agnico, Newmont, and Barrick reached 1.5+ P/NAV for the first time this cycle, still significantly below historical peaks of 3+ P/NAV at past sector tops like 2011, indicating substantial upside potential remains.
At $5000/oz gold, quality projects could achieve $100-200/oz in-ground valuations, with exceptional deposits like Snowline potentially reaching $200-300/oz, constrained by time value of money and capex requirements.
Gold junior valuations increased to $30-40M for resources previously valued at $10/oz in-ground, with market focus shifting to near-term production potential as sub-$10M companies have largely disappeared.
M&A Activity & Deal Structures
Fresnillo’s acquisition of Probe Gold at $56-58/oz in-ground demonstrates persistently low valuations despite $2500-3000/oz producer margins, highlighting disconnect between project economics and market pricing.
Hudbay’s $1.5B acquisition of Arizona Sonoran’s Cactus Project represents ideal M&A execution at all-time highs, while copper and critical minerals attract more deal activity than gold/silver due to supply chain concerns and geopolitical risks.
Mid-tier and smaller producers are merging to create majors (exemplified by Core Mining and Equinox Gold), driving M&A activity as companies seek scale and operational synergies.
Exploration & Discovery Opportunities
Copper porphyry discoveries offer potential for 10x returns on significant scale and grade, with Hercules rising from $0.20 to $1.60 on discovery, while Kingfisher targets 400m of 0.7% Cu in blind discovery for similar return potential.
Juniors producing good drill results remain the only bright spot in a sector experiencing pressure despite higher metal prices, as market rewards exploration success over production metrics.
Portfolio Management Strategy
Holding 20-35% cash reduces portfolio volatility and enables capitalizing on declining market opportunities, requiring focus on catalysts, success/failure criteria, and willingness to cut losses on underperforming positions.
Developers with PFS/FS studies trade at comical levels relative to project value when compared to economic study valuations, creating significant arbitrage opportunities for informed investors.
Quality tier-1 gold and silver development projects are scarce, driving senior gold producers to pursue strategic positions in copper assets as alternative growth opportunities.