Precious Metals 2026 - Gold, Silver, Platinum & Palladium

[The Prowler]

Anyway Gold is down 5%.

It keeps crashing ! Argggh!

Oh well

Hmmmm....maybe I will wait to see if it falls further.....then sell it all!!!!!!!!!!!!!!

 

[Joe]

Hmmmm....maybe I will wait to see if it falls further.....then sell it all!!!!!!!!!!!!!!

Actually Lex @The Prowler you have a good opportunity to capitalize on Gold's selloff/losses.

Wait till it goes down even further.

Not sure when the bottom could be? -20% or more?

Some decent Gold Mining stocks could be nicely priced once they hit bottom whenever that may be.

You could do OK for yourself.

Be like the team with a 2 man advantage while yer Opposition sits on the penalty box.

I foolishly bought the hype, now payin the price.

I think my portfolio is down 5% in one day.

Maybe cnq not a bad bet after all.

Oh well live n learn.

Now I gotta wait for the gold stocks to recover whenever that may be

Oh well!

 

[The Prowler]

Not sure when the bottom could be? -20% or more?

I will wait to sell until it look like it has bottomed-out.

 

[The Prowler]

Shit Joe, I just logged into my main trading account.

I have another $18K in cash.

With your advice, I am totally confused about what to do with this money.

Dividends are a major pain in my ass.

 

[Joe]

Shit Joe, I just logged into my main trading account.

I have another $18K in cash.

With your advice, I am totally confused about what to do with this money.

Dividends are a major pain in my ass.

I invested in some dividend stocks Prowler. Scotiabank? RBC? So will getting some at some point. Haven't been at it long tho.

 

[The Prowler]

I invested in some dividend stocks Prowler. Scotiabank? RBC? So will getting some at some point. Haven't been at it long tho.

It can be a real pain in the ass.

 

[Joe]

Here's a Gold Stock which might interested you, Lex @The Prowler:



IAMGOLD

Down in price lately due to the latest Gold Smackdown, but promising & not too expensive.

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I bought 100 shares. About $17 Candian or $12 US per share.

At that price, it's not too high risk.

Maybe @Seamajor or @Bastard Factory may be interested.

I think it's listed on the TSX 30

Even with the drop in Gold price, could have some upside left.

 

[The Prowler]

Here's a Gold Stock which might interested you, Lex @The Prowler:



IAMGOLD

Down in price lately due to the latest Gold Smackdown, but promising & not too expensive.

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I bought 100 shares. About $17 Candian or $12 US per share.

At that price, it's not too high risk.

Maybe @Seamajor or @Bastard Factory may be interested.

I think it's listed on the TSX 30

Even with the drop in Gold price, could have some upside left.

I saw a stock for $1.70 for some other company.

That seems like a better deal. 10x better!

 

[Joe]

I saw a stock for $1.70 for some other company.

That seems like a better deal. 10x better!

The one I mentioned earlier, that operates in your province is West Red Lake Gold.

They're still just a buck a share.

I think they started trading at 50 cents a share.

They're already producing small amounts of Gold, but are ramping for full production at their Madsen Mine in early 2026.

And there's another mine closeby which they're going to get going as well, so they'll be ramping up their gold production there too.

I remember back in July they were trading at 70 cents a share or 50 cents US.

I bought in at about $1 (Canadian) per share or about 70 cents US. I paid $1000 for 1000 shares.

I'm a bit surprised that a stock with so much potential hasn't gone up more than it has.

And is already producing gold.

The Gold miners/investors use terms like '10 bagger' (10 x per present share) value or even a possible 20 bagger for mines with a lotta potential.

Here's a video I saw today from their spokesperson.



They're a legit company, and have been scoured to make sure their claims are accurate.

They have a good reputation too, are cited as one of the few explorer become producer success stories

All canadian based too, so no fears of foreign takeovers or nationalizing the mines.

I think they are also a potential takeover target, which means the share price could go up if some big outfit like Agnico Eagle acquired them one day.

Anyway @The Prowler, not saying i'm right in my prediction or investment in that company, but I guess it's faith that they could really go up.

Just a hunch. Could be the other way or flat.

Thing about Gold is, these mines have to already be in production with a proven track record before their share price really moves up. ie - Barrick, Agnico, Newmont. The reason their share prices are so high, they're already producing massive amounts of Gold and profits. But if it's just a startup or the production hasn't started yet, the price doesn't take off. The investors wanna see proof that these mines/companies are producing profit - here and now.

 

[The Prowler]

The one I mentioned earlier, that operates in your province is West Red Lake Gold.

They're still just a buck a share.

I think they started trading at 50 cents a share.

They're already producing small amounts of Gold, but are ramping for full production at their Madsen Mine in early 2026.

And there's another mine closeby which they're going to get going as well, so they'll be ramping up their gold production there too.

I remember back in July they were trading at 70 cents a share or 50 cents US.

I bought in at about $1 (Canadian) per share or about 70 cents US. I paid $1000 for 1000 shares.

I'm a bit surprised that a stock with so much potential hasn't gone up more than it has.

And is already producing gold.

The Gold miners/investors use terms like '10 bagger' (10 x per present share) value or even a possible 20 bagger for mines with a lotta potential.

Here's a video I saw today from their spokesperson.



They're a legit company, and have been scoured to make sure their claims are accurate.

They have a good reputation too, are cited as one of the few explorer become producer success stories

All canadian based too, so no fears of foreign takeovers or nationalizing the mines.

I think they are also a potential takeover target, which means the share price could go up if some big outfit like Agnico Eagle acquired them one day.

Anyway @The Prowler, not saying i'm right in my prediction or investment in that company, but I guess it's faith that they could really go up.

Just a hunch. Could be the other way or flat.

Thing about Gold is, these mines have to already be in production with a proven track record before their share price really moves up. ie - Barrick, Agnico, Newmont. The reason their share prices are so high, they're already producing massive amounts of Gold and profits. But if it's just a startup or the production hasn't started yet, the price doesn't take off. The investors wanna see proof that these mines/companies are producing profit - here and now.

FYI Joe, I started investing in speculative mining operations in the late 1990's.

Do you remember Bre-X?

 

[Joe]

FYI Joe, I started investing in speculative mining operations in the late 1990's.

Do you remember Bre-X?

I guess bre x was what they called 'explorer class' of miners.

Not producing anything yet but still testing.

I bought a similar stock by at 40 cents a share recently but I didn't sink very much into it:

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St Augustine Gold. It was recommended by Globe and Mail.

I bought 100 shares for about 40 cents a share.

Mind you, could very well go nowhere. Could be a Dog.

Maybe it was dumb buy or shouldnt have bothered. Oh well cost no more than dinner at a restaurant

 

[Weeg]

VST and SMR

 

[Weeg]

VST and SMR

 

[Joe]

Ucore stock Lex @The Prowler & @Bastard Factory

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...shot up 10% today on news it'll supply a processing plant in the US, Louisiana

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Trade Wars have not dampened the USA's appetite for rare deaths, eh Lex? I bought some others too for pennies on the dollar & they are goin up too. Lex.

Could post those later too if ya want

 

[Joe]

MAXX mining doubled in price too since I bought it. Lex @The Prowler upside& @Bastard Factory

It was cheap one time like .35 cents a share.

Now it's nearly 70 cents Canadian? Maybe that's about .50 cents US? Trades in the US too. Still not too expensive. Might have s'more upside

 

[The Prowler]

Still not too expensive.

What do you mean by that?

Feel free to get technical.

 

[Joe]

What do you mean by that?

Feel free to get technical.

...meaning when the stock prices are inexpensive before they move higher, you have more cash left to invest in other stocks.

As you're aware, the TFSA in Canada ( which is like the ROTH IRA in the US) has a limit on how much you can contribute. I think that for this year its $102,000 Canadian. Next year it'll be $109,000.

Anyway if the investor uses up the room in their tax free savings account buying expensive shares/ equities, they have less room in the TFSA to buy other stocks.

I kinda found out the hard way when I paid over $200 per share for Agnico Eagle. And that wasn't terribly wise because apart from falling in price it left less room in my TFSA. So I have to wait for the share price to increase again so I can sell to make more room in the TFSA.

But of course if I can find something like MAXx which is inexpensive but has the potential to increase by 10x or more multiples it still doesn't use up the room in the TFSA Lex @The Prowler

 

[The Prowler]

...meaning when the stock prices are inexpensive

How do you determine if a stock price is inexpensive, though?

"Inexpensive" relative to what?

 

[The Prowler]

As you're aware, the TFSA in Canada ( which is like the ROTH IRA in the US) has a limit on how much you can contribute. I think that for this year its $102,000 Canadian. Next year it'll be $109,000.

Senile Joe, it is $7000 this year.

But it accumulates if you miss years.

What is your TFSA at, Joe?

 

[Joe]

Senile Joe, it is $7000 this year.

But it accumulates if you miss years.

What is your TFSA at, Joe?

$85,000 contributed so far Lex @The Prowler . So I have $17,000 more contribution left.

Filling it up gradually so I should reach the maximum soon possibly by end of this year. I could fill it up tomorrow if I wanted to but decided to take my time & add more funding when needed.

I'm quite new to stock investing but the main reason I decided to jump in is the erosion of the major currencies and reduction of our purchasing power. Also sitting outside the tfsa it gets taxed too.

Money just loses value if it sits in a savings account plus it gets clipped by taxes.

 

[The Prowler]

$85,000 contributed so far Lex @The Prowler . So I have $17,000 more contribution left.

So what I asked is what your TFSA is at...meaning what is it worth now....not how much you have contributed. I assumed you had maxed out your contributions.

For example, my...shit Web Broker is doing maintenance....my TFSA was at $187,438 on Sept. 11. I am kinda embarrassed by that low amount, but I started contributions late because I was focused on paying off my mortgage when the TFSA program started.

Filling it up gradually so I should reach the maximum soon possibly by end of this year. I could fill it up tomorrow if I wanted to but decided to take my time & add more funding when needed.

I'm quite new to stock investing but the main reason I decided to jump in is the erosion of the major currencies and reduction of our purchasing power. Also sitting outside the tfsa it gets taxed too.

Money just loses value if it sits in a savings account plus it gets clipped by taxes.

You would have to be an idiot to be investing in equities outside of the TFSA or an RSP/RIF if you have not maxed-out your TFSA contributions.

How do you determine if a stock price is inexpensive, though?

"Inexpensive" relative to what?

Joe, I have asked you what you mean by "expensive" because I think you do not really understand some things.

Let me give you a hypothetical:

ABC Company

On Monday the stock price is $100/share.
I buy 100 shares for $10,000

On Tuesday they do a 10:1 stock split.

On Wednesday the stock price is $10/share.
X buys 1,000 shares for $10,000

On Thursday they do a 10:1 stock split.

On Friday the stock price is $1/share.
You buy 10,000 shares for $10,000


Do you think that the stock that you bought was less expensive than the stock that I bought, or the stock that X bought?

 

[Joe]

I'm not very good or sophisticated at this game Lex @The Prowler

It's all new to me.

All I know/understand is how to buy or sell & make simple trades.

I divided my tfsa into 4 accounts:

1 for Staple/somewhat safe or steady stocks like Loblaws, Canadian Utilities. Other words business that are always needed and wont go outta business even in bad times. I bought Maple Leaf stock the other day for example. I think you mentioned it 1 time

2nd one is Canadian banks insurance and financials

3rd is Natrual Resources like old, critical minerals and gold

4th is high tech/military & pharmaceutical companies/medicine

Maybe I'll open a 5th for foreign equities too.

I figgered it's best to diversify in as stable entities as possible

i think I told you about a guy who invested $100,000 of his savings in Nortel & lost all his money eh?

Or another guy who lost nearly 1 million on us dollars futures. he ended up living in his parents basement .

So I realize investing can be dicey.

I m not really fond of the stock market but i also realize I need to diversify .

 

[The Prowler]

ABC Company

On Monday the stock price is $100/share.
I buy 100 shares for $10,000

On Tuesday they do a 10:1 stock split.

On Wednesday the stock price is $10/share.
X buys 1,000 shares for $10,000

On Thursday they do a 10:1 stock split.

On Friday the stock price is $1/share.
You buy 10,000 shares for $10,000


Do you think that the stock that you bought was less expensive than the stock that I bought, or the stock that X bought?

I am shocked that you did not answer my question, Joe.

That was sarcasm, Joe.

Anyways Joe, in this hypothetical example, the stock that was bought for $100 per share was no more expensive than the stock that was bought at $1 per share. Every purchase bought you the exact same percentage of the company in each of the purchases on Monday, Wednesday, and Friday.

That is why I asked you what you meant by "inexpensive".

Do you mean "Relative to the historic price."?

Or "Because of the value of the company's long term assets."?

Or "Relative to the EPS."? (Which would mean the same thing as a low P/E ratio.)


You need to understand that if one share of company ABC is 15 cents and one share of company DEF is $124, that does not mean the stock price of company ABC is inexpensive when compared to the stock price of company DEF.

 

[Joe]

I am shocked that you did not answer my question, Joe.

That was sarcasm, Joe.

Anyways Joe, in this hypothetical example, the stock that was bought for $100 per share was no more expensive than the stock that was bought at $1 per share. Every purchase bought you the exact same percentage of the company in each of the purchases on Monday, Wednesday, and Friday.

That is why I asked you what you meant by "inexpensive".

Do you mean "Relative to the historic price."?

Or "Because of the value of the company's long term assets."?

Or "Relative to the EPS."? (Which would mean the same thing as a low P/E ratio.)


You need to understand that if one share of company ABC is 15 cents and one share of company DEF is $124, that does not mean the stock price of company ABC is inexpensive when compared to the stock price of company DEF.

Like I said, investing in stocks is a completely new endeavor for me Lex @The Prowler

I confess, I don't really understand it that well.

But what I do understand is it's better to pay .35 cents a share for a stock such as MAXX that appreciates 100% or .35 cents in a week than one which cost $250 per share & declines $25-50 in the same period such as Agnico Eagle.

Likewise it is better to buy or collect gold as opposed to collectibles if the price shoots up 100% per year vs 0% for the other.

Find deals which give you a return or the biggest bang for yer buck eh Prowler

Actually I noticed the stocks that are shooting up much faster than Gold or oil n gas stocks lately are rare earth metals. If ya want a nice ROI buy those instead. Pennies on the dollar & they are in demand. Likelywill be for the foreseeable future due to military spending, AI & renewable energy. The US government is sniffing those out lately wants to buy them out.

I was going to buy more of them next week cuz many are inexpensive, low risk but with potentially high returns. some have really gone up in the last week Prowler. ie Ucore.

 

[The Prowler]

I was going to buy more of them next week cuz many are inexpensive

What do you mean by "inexpensive"?

 

[Joe]

What do you mean by "inexpensive"?

Here are some examples Prowler:

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.

I bought all 3 of them. one's 30 cents a share. Can't lose a tthat price. And of course, the news headlines headlines are screaming about Rare Earth metals, eh? Seriously undervalued some of them. Ucore definitely has seen a jump lately. It was $2 per share, now it's up to $8. Went up $1 per share since I bought it. and that was in just 2 days.. I saw that a s a recommended Buy on YouTube so I decided to look into it & I bought in. Better investment than gold atm Lex @The Prowler

	LEM:CC	Leading Edge Materials Corp.	0.295	0.005	1.724138	0.29	0.305	0.29	263.08k
	MKA:CC	Mkango Resources Ltd.	1.17	-0.06	-4.878049	1.24	1.28	1.11	1.07m
	UCU:CC	Ucore Rare Metals Inc.	7.90	0.565	7.71	7.42	8.31	7.42	1.49m

 

[The Prowler]

Here are some examples Prowler:

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.

I bought all 3 of them. one's 30 cents a share. Can't lose a tthat price. And of course, the news headlines headlines are screaming about Rare Earth metals, eh? Seriously undervalued some of them. Ucore definitely has seen a jump lately. It was $2 per share, now it's up to $8. I saw that a s a recommended Buy on YouTube so I decided to look into it & I bought in. Better investment than gold atm Lex @The Prowler

	LEM:CC	Leading Edge Materials Corp.	0.295	0.005	1.724138	0.29	0.305	0.29	263.08k
	MKA:CC	Mkango Resources Ltd.	1.17	-0.06	-4.878049	1.24	1.28	1.11	1.07m
	UCU:CC	Ucore Rare Metals Inc.	7.90	0.565	7.71	7.42	8.31	7.42	1.49m

You have no idea what you are talking about, Joe.

 

[Joe]

Here's another which MIGHT have upside potential Lex @The Prowler:

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..not saying it will but I'm interested.

They mine Tellerium, which is used in solar panels.

At .18 cents a share. Not too high risk, eh.

 

[The Prowler]

Here's another which MIGHT have upside potential Lex @The Prowler:

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..not saying it will but I'm interested.

They mine Tellerium, which is used in solar panels.

At .18 cents a share. Not too high risk, eh.

Tell me when you buy it, Senile @Joe.

Like, as soon as you buy it.

This little fantasy of yours is getting tedious.

And while your lack of understanding of equities was kind of entertaining for a while, now it is making me pity you. And that is way less fun.

 

[Joe]

Tell me when you buy it, Senile @Joe.

Like, as soon as you buy it.

This little fantasy of yours is getting tedious.

And while your lack of understanding of equities was kind of entertaining for a while, now it is making me pity you. And that is way less fun.

Well, the action right now seems ta be in Rare Earth and Critical Metals Lex @The Prowler.

Carney mentioned in his newscasts and so did Trump.

And those appear to be moving up in price, not so much gas, oil or even gold.

Actually even copper and nickel are performing better than Gold atm

You like Oil/gas. I like gold. so go figger.

But Rare earths are performing better than them both