💡Silver broke $40 and could soon outpace gold. Are you positioned? Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH Gold has surged to $3,800 and silver has broken above $46, but according to John Waldie, Senior Portfolio Manager, of SCP Resource Finance, the precious metals bull market is only in the “fourth inning.” In this conversation with Trey Reik, Waldie explains why silver could soon outpace gold, why generalist investors and family offices are just beginning to enter the sector, and how mining financings are at record levels. He also shares how early-stage placements can deliver extraordinary returns and why miners remain undervalued even after the recent rally and breaks down the importance of resources, reserves, and feasibility studies in understanding mining company valuations. He also highlights the opportunities and risks in different mining jurisdictions, from Canada to West Africa. 💡Generalist investors and family offices are starting to enter gold & silver. Is your portfolio ready? Get a free review with Wealthion’s endorsed financial advisors: https://bit.ly/472drbq 💡Get your Free Gold Investing Report here: https://wealthion.com/gold 💡 Wealthion and SCP Resource Finance will bring together the world’s top silver experts this October in Toronto. Join our accredited investor list here to go in-person: https://wealthion.com/accredited/ Or, attend virtually, by buying your tickets here: https://www.eventbrite.com/e/wealthion-scp-global-silver-virtual-conference-2025-tickets-1685583779459 Chapters: 0:31 - SCP’s Deal Flow is Running Red Hot 2:39 - One Deal a Week, or a Flood of Capital? 4:06 - Why Beaver Creek Sets the Tone for Miners 6:01 - Early Frenzy or Just the First Inning? 7:55 - Where’s the U.S. Retail Investor? 9:37 - Family Offices Are Finally Waking Up 10:40 - What Returns Can Investors Expect Now? 12:53 - The Gold Developer Playbook 13:07 - Warrants: Returns Supercharger or Trap? 15:05 - Can U.S. Investors Get In on the Private Placement Action? 16:20 - What’s Ahead for the Next 6–12 Months? 17:27 - Gold Equities: Re-Rated or Just Warming Up? 20:48 - Key Metrics Every Junior Needs to Prove 22:53 - Resource vs. Reserve. Why It Matters in Miners 24:49 - What a Drill Hole Really Costs 30:49 - How Rising Gold Unlocks Miner Reserves 31:37 - Inside SCP’s “New Names” Vetting Process 33:18 - Expanding Coverage: Why It’s Happening 35:20 - Who Looks Ripe for M&A? 37:57 - The Next Mining Frontier: Africa? 39:07 - ⭐️Wealthion Golden Nugget: John’s Bold Year-End Calls for Gold & Silver Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #Investing #Gold #Silver #PreciousMetals #MiningStocks #Commodities #Markets #EconomicTrends #BullMarket #InflationHedge #ResourceInvesting #GoldInvesting #SilverInvesting ________________________________________________________________________ IMPORTANT NOTE: The information, opinions, and insights expressed by our guests and our hosts do not necessarily reflect the views of Wealthion or the views of their respective employers. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.   While we value and appreciate the insights shared by our esteemed guests and hosts, they are to be viewed as personal opinions and not as investment advice or recommendations from Wealthion or their respective employers. These opinions should not replace your own due diligence or the advice of a professional financial advisor.   We strongly encourage all of our audience members to seek out the guidance of a financial advisor who can provide advice based on your individual circumstances and financial goals. Wealthion has a distinguished network of advisors who are available to guide you on your financial journey. However, should you choose to seek guidance elsewhere, we respect and support your decision to do so.   The world of finance and investment is intricate and diverse. It's our mission at Wealthion to provide you with a variety of insights and perspectives to help you navigate it more effectively. We thank you for your understanding and your trust.