The National Investor

Here, Chris catches up with Guanajuato Silver's C.E.O. James Anderson to chiefly go over the news release of April 28, announcing uber-strong financial results underpinning the company's third straight quarter of positive Mine Operating Income.

This is one of the most compelling company-building stories in the mining space that we've ever covered; and beyond unpacking the latest specific news, Anderson recaps how he's taken GSVR from a "standing start" with no assets to a compelling -- AND still woefully undervalued -- producer with, now, a total of six producing assets.

He also recaps a lot of the fascinating history of this storied and beautiful mining-oriented city...the company's close relationships with the people...and more.

LINKS MENTIONED:

To Chris' recent precious metals tutorial -- https://www.youtube.com/watch?v=uzceo81545o

To Guanajuato Silver's web site -- https://gsilver.com/

To The Bullion Store, where you can buy your own silver (and MAgGA hat!) -- https://store.gsilver.com/

For most of this new episode of your Money Today, I visit with Co-portfolio Manager Brad Lamensdorf of the Advisor Shares Ranger Equity Bear ETF (NYSEArca-HDGE).

HDGE has been shining so far in 2025, UP about 15% for the year against about a 7% decline in the S&P 500 through late this week.

More important, HDGE does not employ the money-burning options and related strategies of the typical inverse ETFs that focus robotically on shorting various indices/sectors; so in relative terms there is less risk with HDGE.

You'll learn why HDGE is our single biggest portfolio weighting in ETFs. Its active strategy focusing on a few key factors is one I expect will continue to perform well for us as this secular bear market unfolds. Further, I suspect you will find as I have over time that the clinical, NON- "religious" approach that Brad and his partner John Del Vecchio take makes GREAT sense!

To learn more, visit https://advisorshares.com/etfs/hdge/

Also, for the link to my discussion on President Trump's energy and minerals-related E.O.'s, the National Infrastructure Bank, etc., visit https://www.youtube.com/watch?v=JEaj5ddwJKQ

There are several good, fundamental reasons why the share price of one of my long-time favorites, Avino Silver & Gold Mines, Ltd. (NYSE-ASM; TSE-ASM) has TRIPLED over he last year.

In this video update with C.E.O. David Wolfin you'll learn / re-learn them and get an update on how the record financial performance by the company in 2024 and more may actually see a more robust growth to Intermediate status for Avino in the next few years than planned previously!

MAKE SURE to spend some time at Avino's chock-full web site -- https://avino.com/ -- for the whole story of a solid company that STILL represents one of the best bargains out there even after its gains of the last year!

I'm joined here by CEO Victor Cantore of Amex Exploration (TSXV-AMX; OTCQX-AMXEF) just following the closing of a substantial new acquisition: The Perron West property, which multiplies the company's district-scale potential in Eastern Canada's prolific Abitibi region several-fold.

He discusses the attractiveness and low cost of this acquisition; one with numerous past gold, copper and other showings.

Then we get back to the present-day core of Amex's story: the growing of the existing resource and PEA at Perron, which late in 2024 showed a robust and nicely profitable (and that was at $2,000 gold, folks!) initial mine of, likely, a larger one and others to come.

Amex remains one of my premier exploration stories at The National Investor.

Another returning guest here, as we catch up with Shawn and the great story of Dolly Varden Silver (TSXV-DV; OTCQX-DOLLF)...

Just ahead of this update the company announced a share consolidation and listing on the New York Stock Exchange. In the first segment of our visit, Shawn unpackages all the considerations that went into that, and why (with added thoughts from Yours truly) it's especially timely now for the company's "up listing" to garner far more attention in the U.S.

Beyond that, he explains the soon-commencing 2025 exploration season/game plan, where the company plans to spend some C$20 million in drilling (3 rigs) for purposes of BOTH enlarging existing high grade gold and silver resources as well as additional exploration holes; especially in the potential major "heat source" of this entire area: the Big Bulk Project acquired in 2023.

In this discussion, Scott Melbye, President of the Uranium Producers of America and VP of Uranium Energy Corp. (NYSE-UEC) catch up to recap the many reasons we STILL confidently see the uranium/nuclear energy bull market's "Act Two" unfolding very soon.

We focus on three specific issues during Q1 that have served to extend the present correction in the sector; all three of them either one-off factors or leading to just plain market overreaction.

Scott and Chris still see major gains ahead over the next few years for uranium investors in a sector that arguably still has the best supply/demand setup of any key commodity.

As the first quarter of the year draws to a close, one company I want us all to catch up with is Tectonic Metals which--earlier this month--came out with news substantially increasing the growing footprint of a potential new multi-million ounce gold resource in Alaska.

Tectonic's recent new discovery--which seems to have increased the footprint of the key target area of the Flat Project by some 50% all in one fell swoop--is impressive enough, as CEO Tony Reda explains.

But even beyond this, it comes in the context of an ever-rising record gold price as well as a MAJOR policy tailwind for a new mining boom in Alaska.

Folks, this spinout from Usha Resources is compelling! Near-term, C.E.O. Deepak Varshney has aggressive exploration plans for Formation's now-flagship N2 Project in Quebec's part of the famed Abitibi-Greenstone Belt.

He and his management team--including Abitibi Metals' (CSE-AMQ; OTCQB-AMQFF) C.E.O. Jon Deluce--are proven leaders and asset managers, especially as we share in an anecdote about Jon's own stature at a recent very high-profile and exclusive conference.

Together, I like the odds of Deepak, Jon and Co. building a winner with Formation...check out the story, and keep in touch!

NOTE: For Formation's web site visit https://formationmetalscorp.com/.

Today (posted March 17 -- Happy St. Patrick's Day!) I share myriad thoughts about the still-unfolding stock market correction and growing recession odds...and both President Trump and Treasury Sec. Bessent recently channeling Jack Napier/The Joker.

I especially fret about the Trump Administration/Congressional G.O.P. leadership essentially having caved in and surrendered 1. their entire first year effort of trying to meaningfully reduce deficits and 2. the good, historic work done so far by D.O.G.E. Chalk one up for The Swamp, I must regrettably say!

As for the Fed meeting looming Wednesday, little to no help will be coming from it right off to allay either the recession or bear market thoughts (though I do point out that a change to the "dot plot" could be in the offing and would make the correction less bad near term.)

Finally I make some comments and offer coming attractions on a renewed theme: "From Y2K TO Y2Q: The Quantum Menace" --- plus some energy, uranium and other thoughts...and especially pointing out some comments of the past weekend on Gold $3K.

NOTE: For those Bessent comments referred to, see https://www.youtube.com/watch?v=xtT6pajnWf8.

AND for Membership in The National Investor to receive my looming new recommendations, go to https://www.nationalinvestor.com/subscribe-renew/.