Market Talk
The world gets weirder and stranger every day. A Marxist-leaning mayor in New York City, war grinding on in Ukraine, sticky inflation from years of lingering Biden inflation, overspending, and China hinting at rare-earth pressure while trade policy shifts week to week. At the same time, the major indices keep bouncing around their highs, with volatility throwing some stock into ten-percent swings — plenty of charts look stretched. Finding a way to gain leverage on gold and silver may be the smarter play these days.
But at this point, we’ve already seen some nice gains, and while the trend still looks steady, it’s not always easy to stay steadfast with that stretched feeling hanging over trader sentiment. Still, the miners are holding their ground, and plenty of investors think we may be on the verge of a breakout that finally recognizes the growth these companies are showing in their earnings results.
Stock Talk
Kinross has stayed disciplined. With gold prices firm, their cash flow supports share buybacks and dividend bumps — not something you see often in a sector known for dilution. If gold simply holds steady, the lower share count alone gives KGC a natural lift, and management seems committed to rewarding shareholders instead of chasing expansion.
Hecla remains one of the cleanest plays on rising silver demand in the U.S. Silver stays tight thanks to solar, electronics, and data-center build-outs. Add in their gold by-product credits — which help lower operating costs — and HL has more breathing room than most silver producers. Their recent earnings already reflect what stronger metal prices can mean.
President Trump keeps talking about securing rare-earths, but most of the attention is on foreign sources or “friend-shoring.” Meanwhile, our own domestic opportunities — especially the rare-earth potential in Ramaco’s Brook Mine in Wyoming — barely get mentioned. That’s where METC and METCB come in. If Washington takes a serious look at what’s sitting in our own backyard, Ramaco’s rare-earth angle could move from background chatter to headlines. If that happens, METC and METCB may find themselves in the spotlight for something far more valuable than coal.
ONCY drew attention today after Anson filed a new 13G showing 7% ownership on the same morning HC Wainwright doubled their price target to $10 — a timing that feels like they may be sensing something the market hasn’t fully picked up on yet. The one question mark — the kind that could set a fire under the stock — is ONCY’s upcoming FDA design meeting. If the FDA raises the fairness issue about putting late-stage pancreatic patients into an old standard-of-care control arm — something the agency has questioned before in other deadly cancers — it could reshape the trial in a way investors, institutions, and even a few big pharmas with checkpoint drugs may not ignore.
In a noisy market, keeping some dry powder and avoiding the all-in mentality is one way to stay nimble. When the headlines get louder and the swings get wider, having room to move can matter more than making the perfect call.
__
______________
More later so ....Stay tuned, if you dare!
For now, we close by noting that any view on the market and stocks on any particular day may change in the days to come. That is why we watch and see how our views match up with reality. Looking ahead a few months may be a way to do things - but thinking too deeply about world events and the recent alliances forming, can make projecting ahead a dicey endeavor.
All in all - we use the word maybe "some", not "too much" and play it accordingly. Never get arrogant in our notions because things do change - and individual stocks are subject to many factors outside our control. So, we try to -stay aware.
With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.
________
