Sprott Money, Released on 12/19/25 (Recorded on 12/18/25)

In this year-end 2025 wrap-up, Craig Hemke for Sprott Money is joined by legendary investor Eric Sprott to dissect a historic year for precious metals. With gold up 65% and silver soaring, Eric discusses why the price of gold and silver are just getting started. From record-breaking physical silver demand in India to unprecedented delivery requests on the COMEX and Shanghai exchanges, Sprott believes the silver market is out of control—and that’s just the beginning. Eric predicts a return to a 15:1 gold-silver ratio, suggesting silver could reach $300 if gold hits $4,500. They cover the latest on solid-state battery technology, China’s silver export ban, and why mining stocks remain significantly undervalued despite the silver price doubling. If you’re wondering whether now is the time to buy gold, buy silver, or dive into silver mining stocks, this is the must-watch podcast. With keywords like gold price, silver price, buy gold, buy silver, and precious metals investing front and center, you won’t want to miss Eric’s actionable insights.

00:00 Introduction and Overview of 2025
01:47 Gold and Silver Market Dynamics
08:53 Investment Strategies and Allocations
11:03 Market Manipulation and Short Selling
17:02 Future Market Predictions and Risks
25:43 Silver Reserves and Market Potential
27:14 Exploring Silver Deposits and Permitting Concerns
28:30 Infrastructure and Production Readiness
29:25 Discovery and Management in Mining
31:19 America’s Gold and Silver: A Strategic Investment
33:31 Innovations in Mining Processes
34:56 Newfoundland’s Gold Potential
38:32 Overlooked Investment Opportunities
40:31 The Future of Silver and Solid State Batteries

Eric Sprott is a Canadian billionaire businessman with more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada’s largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Digest’s Canada’s Best Investors (2004); Ernst & Young’s Entrepreneur of the Year (2006); Investment Executive’s Fund Manager of the Year (2007); Advisor.ca’s Top Financial Visionary (2011); Terrapinn’s Most Influential Hedge Fund Manager (2012); and the 2012 Murray Pezim Award for Perseverance and Success in Financing Mineral Exploration (2013).

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.

  gold, investing, silver