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Mining Stocks Have Tech-Company Margins and Wall Street Hasn’t Noticed | Tavi Costa

Tavi Costa, co-founder and CEO of Azoria Capital, explains why precious metals and mining stocks are far from their peak despite recent volatility. With silver miners operating at tech-company margins and exploration budgets at a 4-year low, Tavi argues the supply-demand setup points to years of elevated prices. He also makes the case for a substantial US dollar breakdown that could trigger an emerging markets and commodity supercycle. Finally, Tavi shares why he's launching a new fund focused on junior miners with a clear path to cash flow, and why Latin America (where political shifts are reducing jurisdiction risk) is the region where he has the deepest edge.

Want deeper coverage on gold, silver, miners, and the commodity cycle? Join Wealthion’s Real Assets Community for EXCLUSIVE real-assets content and more (email required): https://wealthion.com/getready

Tavi says mining stocks are at 1% of global equities vs. 12% at cycle peaks, are you allocated for what's coming? Get a FREE portfolio review from Wealthion's endorsed financial advisors and find out: https://bit.ly/3OireE0

Looking to add gold or silver exposure after this conversation? Hard Assets Alliance makes it easy to buy physical metals: https://www.hardassetsalliance.com/?aff=WTH

 

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