The KE Report, Released on 10/6/25

Gold and silver have extended their historic run, with gold up 8 of the last 9 months (~50% YTD) and silver up over 60% YTD. Meanwhile, the mining ETFs (GDX, GDXJ, SIL, SILJ) have posted massive gains – GDX up 125% this year. Craig Hemke, founder and editor of the TF Metals Report, joins me to break down why this move is not parabolic speculation but part of a recurring pattern – and why miners may just be getting started.

00:00 Precious Metals Performance
02:34 Gold Market Analysis
05:10 Silver Market Insights
09:23 COT Reports and Market Speculation
12:21 Mining Stocks and Investment Strategies
22:29 Future Market Predictions

Known primarily by his nickname “Turd Ferguson,” Craig Hemke is the founder and editor of the popular TF Metals Report blog and podcast, covering precious metals, the financial markets, and greater economic trends.

  Craig Hemke, gold, gold miners, investing, silver