I'm Charlotte Mloud with investingnews.com and here today with me is Steve Barton, host of the In It Two Minute Show right here on YouTube. Thank you so much for being here. Great to have you as always. >> Good to be here, Charlotte. Thank you for having me on the show. >> Of course, we're catching up from our last conversation back in December and a lot has changed. I think prices for many commodities have moved higher. We're going to get into that, but I thought to start off by asking you, we're at all


these all-time highs. What is looking cheap to you right now? Is there anything out there that you can point to at the moment? >> Yes. Uh I'm glad you brought that up. Um okay, if we go to my screen here, uh what I have is I have a linear chart here of oil and we can recognize this sell-off here was when oil went negative, right? This is back during the surveys sickness selloff. It went to, you know, negative $30 a barrel. This is when we bought oil back in 2020. Okay. Then we ran that all the way up to about


$115, $120 a barrel and we sold oil. Now, we took those profits and we had to put them into something, right? So, what we chose to put them into was this one, right? Oops. There. Okay. So, we chose to put these profits into uranium. All right. Because at the time uranium was down around4 bucks a pound, 50 bucks a pound. We were all going to those conferences. Rick Rule says it has to absolutely positively go to $80, right? So we sold our oil profits. We put it into uranium, ran the uranium trade all


the way up, right? That was amazing. Okay, it went from 50 bucks a pound all the way up to 108. And we uh uh just doubled our money on the on the physical itself. Made uh lots of money on the miners. sold, right? When the term price was at $80 and the spot price was at 108 or whatever it was, uh, something had to change and so we took our profits there, sold them. Had to put it into something. What did we put it into? Okay, so we took it from uranium and we put it into gold. So we sold up here, put it down


here into gold. And that was actually exquisite timing. I thought it might have taken a year or so for this to play out. It turned out, I mean, now it looks like we're psychic. It ended up being like a month. Uh, but this happened to be right around when the cup when the when the handle part of the cup and handle, the 13-year cup and handle pattern on gold was just beginning to break out. So, got into gold. We've run gold all the way up. We also got into silver around the same time when silver


was down here around 20 25 bucks and we've had this massive move here. So, we know that gold and silver are literally hitting all-time highs right now. And you asked me what is cheap. And I think we're at one of those little inflection points now, Charlotte, where we can rotate just like we did before. We rotated out of the S&P 500. When did cash got got oil? Rotated out of oil, got into uranium, rotated out of uranium, got into precious metals. And now I see another moment where it's time


to be in oil again. And we can rotate out of some of these precious metals. Not all of them. I think I think we still have some room to run. But look at how depressed oil is on this chart compared to some of these other equities, right? Or some of these other commodities. >> Yeah. Yeah. We can really see that and it speaks to the cyclical nature of the resource sector. I know we always hear about that, but seeing it laid out with all the different colors, I think really helps to illustrate it. So, we want to


start looking over to oil right now. Maybe you can talk a little bit more about your outlook there. I know many members of our audience are starting to get interested and wondering. All right. Where where could the prices go in 2026? >> Yeah, I uh I think that uh oil could be one of those where it may take uh a couple of years to play out. I mean, I think it's we're probably heading into a recession. Usually, there's less demand for um you know, diesel and gasoline and hydrocarbons during recessions. But, you


know, just like we were bottom picking silver and gold a few years ago, I think we can do the same thing here with oil equities. And I think they're pretty close to a breakout. So, here is WTI oil and we've recently had a breakout here on WT WTI Oil. If we run a uh trend line down here, we can see that we've just had a breakout. We've broken above the 50-day moving average, above the 20-day moving average, and that's now acting as support. The last little line of resistance that we have here on oil is


this downward sloping 200 day moving average. I personally think that we'll probably break through it. Um, you know, we've got a lot of support right down there around the 50-day, like right around right there. Comes into some Fibonacci retracement levels. Uh, we may come up for a double top, but I anticipate that we're probably going to move to the upside here on oil. So, when it comes to oil equities, this is, uh, one of my favorites that I bring up every um, uh, every every weekend on my


show. This is the XLE ETF, and I've just been bottom picking this thing for the last couple of years. um you know anticipating something like this not really sure when it's going to happen but I think we've kind of reached that pivotal moment here where if we look at big picture view on thing this is the surveace of sickness sell off down here this is basically just a giant bull flag right here okay and uh it sounds a little crazy but we're up at the upper end of range of that right now okay so


you know this is going back it's almost six years and uh I think that we could have a pretty pretty nice run here in oil equities, you know, uh if we just do our standard, you know, calculation here for a possible breakout on a bull flag pattern, you just take the pole and extend it up to where the breakout could be and we could run this thing from about 50 bucks a share, maybe up to the low 80s just going on that target alone. So, I I like oil right now a lot. >> Yeah. Yeah. I can I can see how you're


laying it out there. And in terms of oil, so the equities, you mentioned you have the ETF that you like. Would you ever look more closely at individual companies or do you prefer that broader exposure? >> No, I most of my exposure is in three different companies. I uh uh I like I like select oil companies a lot. Um I think that uh I think they're going to do really well, especially uh I like I I'm a little more favored to the American names than I am to the Canadian ones. But uh yeah, I I I think oil is


going to do fantastic. You get paid on most of these. You can get paid anywhere from like a four to 6% dividend a year, you know, but I I don't think that that's going to be much of a factor. I think we're finally getting into the growth stage here, and I think they're going to do really well. >> And would you keep your focus on oil? Are you interested in natural gas as well, or do you do you separate them? >> Uh, I kind of separate them. Um, I I got one uh natural gas company in the


portfolio right now. I might I I take that back. I've got two, but I'm looking on selling one of them. Uh but uh yeah, both oil and gas, but I think that uh either one of them are going to do great, you know. Um it uh I I really think that this is going to be a monumental run here for uh the oil and gas equities. I mean, it right now they are just completely hated. They're not putting enough money into uh exploring for new uh new oil with the price of oil being down in the dumps. Um I I just


think it's a really really sweet setup. It kind of reminds me of when uh silver got down to 18 bucks for a couple of weeks and near as I could tell the all-in the average all-in sustaining cost for silver miners at that time was $19. So every ounce they pull out of the grounds, they're losing a dollar. That is not sustainable. And that's kind of where I see oil and gas stocks right now is they're kind of at that sweet spot. You know what I mean? Um uh some of them are starting to uh uh shut down. Other


companies are simply not exploring for new oil because they don't have the money to do it. You know, they're almost break even there. And some of them are shutting down operations because it's just not profitable for them to do it. So, uh I like this setup a lot. >> Yeah, I think when you get to that point, you know, something has to change probably sooner than later. So, we'll watch how that plays out. I'm sure we'll come back to you and ask about oil and gas in the future. And just as we're on


the energy side right now, I want to ask your thoughts on what's going on with uranium. So if we if we go back to your your cyclical chart there, are we at the point where you would also be rotating into uranium to an extent or or how are you seeing it? >> You know, I've actually been selling a little bit of uranium now. Um okay so the term contracts so we have spot uranium that is how much does uranium cost for between now and 12 months from now and then we have term contracts which is how much does it cost if you


want uranium 12 months or longer from now. This is the cheapest that any contract went out last month uh for a uranium contract going out 12 months or more. Okay. So there are contracts that are going into the hundreds of do over $100 uh per pound, right? But that could be going out a couple of years. So spot price right now is 85. Term contract is86.50. Well, we were at about the same numbers. We were at like, you know, 84 bucks when the spot price was down here at 64. This was when I was doing a lot


of buying, right? I also got a couple little bit more. There was a little trade right in here. But a lot of what the the trade was for me was when spot starts to catch up with term, which we're a buck 50 away from that now. Some of my thesis is playing out. So, you know, I've been uh I've been selling a little bit. Okay. So, I was buying down here, right? And then I just pushed the sell button the other day. Uh same with URMM. You know, we've had a nice run here. So, since April, since Liberation


Day, uh when Trump held up his tariff chalkboard, you know, that's when we backed up the truck and we just been trimming here. Got in a little bit more back down here, um November of last year, took a little more profits. You know, this to me is very volatile. I like to trade this one. Um, you know, it it uh I I've been selling a little bit. I I think that we have more room to run just like back here, you know, when uh spot and term contracts were kind of blown out like we were back here. We had


this massive blowoff. I could fully see us having another massive blowoff here in uranium. I think uranium is about 10 or 12% of the portfolio right now. So, I'm certainly betting on it. Uh but I have been trimming. >> Yeah. Yeah. And I think it helps to remember that you you do more trading than some people might do. So you can be be in and out when it comes to things like this and still have that that longer term positive view on your radio. >> Yeah, I'd say 90% of my positions I hold


for a year or more. 10% maybe 15% um yeah maybe 85 90 to 15% I'm kind of trading less than a year, you know. I I could take positions that last only a month or two. >> Yeah. Yeah, makes sense. And let's let's also take a look over at what's going on in the precious metals. So we said at the start of the conversation they are looking pretty expensive right now. And I want to look first at silver. So when we had our last conversation all the way back in December, you had told us yes


this breakout is real. Certainly that proved to be true. But I wonder if you can help us break down the move in silver because when we were talking at that time, we were still looking at 64 65 as kind of your next price target and obviously we're so well beyond that at this point. >> Yeah, this has been a monumental move. Uh it's it's really exciting. Um okay, so I'm going to do what's called a Fibonacci extension here on silver. And this this just kind of gives us some


price targets into the future. um you know, certainly not exact, but you you can get decently close. And I'm going to go back to uh about the turn of the century when silver was trading around four bucks an ounce. And I'm going to run this uh extension up to the top up here um at around $50 an ounce. That was in 2011. And then I'm going to take it down here to the bottom uh where it's just before um during the surveys of sickness it got down to about 11 bucks an ounce. And then we'll just


string this out. And we can see if I take this out to the weekly chart, you can see that there's some price action that actually kind of follows around these lines that I just drew. Right? It's not a coincidence that traders traded up to this level and then sold and then came up and there's a lot of price action around each of these Fibonacci retracement levels. Right? So, if we go into some of the re more recent action, I think the last time we were talking was somewhere around around


there. And uh if I go now to the daily, we can see the price action a little bit better. Each bar is a day now. It just seems to be acting around these levels. And so the last one we had right here was just the low8s. The next one that I see uh up here is going to be just north of $100. So uh this one has it at 102. Another way you could do it and that I think that a lot of traders are going to actually do this one instead is they're basically going to take the long-term view of the chart and uh you take see


how we have kind of have this cupish pattern right here. Uh, if we take the high right here from 1980, touch it over here to the high in 2011 and then string it back over here to the high this year, we can see that if we take the price from here up to here, flip it on itself, okay, that number comes out to 88. Okay, we've blown through that. So, we can let that one go. And then we take this next one, this big part of the cup, we take basically here from four bucks and run it up to 50. flip it on itself and add it and you


get a number of 96. So I think that a lot of traders are going to be taking some profits. I could see us doing kind of sideways action, maybe a bull flag around that 96, maybe around the $100 um uh you know, psychological even number level, right? You know, you get a double from 50. I think I think there'll be a lot of selling around $100. I do expect it to go beyond that. Um, this is really exciting. But yeah, I have been trimming, you know, I have been selling some physical silver and I've been


putting it into uh oil and uh oil stocks and I've been putting it into gold and silver miners because they have not played that catch-up trade, right? Uh, a lot of analysts are still using silver prices down here sub50 to do their calculations for the next quarter. So, this is such a tiny market, you know, this is our whole world, but this is just a blip on the screen of a lot of Wall Street guys, right? So, when they see that this is up here and it's still up there and it's still climbing, I


think they're going to have to do they're going to have to redo their calculations for gold and silver miners and I think we got a real catch-up here coming in uh the next quarter. Uh I have call options on some uh junior silver miners. I'm I'm very excited for this next quarter. But, you know, we we have to take this into perspective here. Wasn't that long ago that we were at $35 an ounce and now we're at 92. Uh that's a Icorus print. You got to pay yourself. You know what I mean? Just like when oil


went from $30 a barrel and two years later it was up at 120. You know, you got to you got to pay yourself. You got to take some profits off the table. And I really like selling some physical here. And and I I don't mean going down to your coin shop. What I'm talking about is selling like this one like PSLV, you know, physical silver on the stock market. PHYS physical gold on the stock market. See, you can see I got my next sell order up there. Like I'm expecting it to go higher. Uh but uh but


yeah, I I I really believe we should be taking profits here, rotating it into uh possibly coal, oil, um and some of these uh select gold and silver miners. >> Okay. A couple of points to follow up on. A lot of good information in there. I want to talk a little bit more about silver at that $100 level. You mentioned this is a psychological milestone for a lot of people. We could see selling there. What are you seeing beyond that? Cuz you mentioned it it can go higher, although you're rotating to other things


that are looking cheap right now. What does silver's path forward look like after we get to that triple digit level? >> Okay. You want crazy numbers, Charlotte? Is that what you're going for? >> Well, well, we can be crazy if you want or they can be, you know, realistic. Realistic. >> All right. We're going to do crazy town here. Okay. Let's do it. Uh, we're going to string this out. So, this is a Fibonacci extension tool. Bringing it right back up again. Okay. So, we can


see the next level up here. So, right here we've got the 100% retracement move. Uh, that's at $57. Uh, then we've got the 1618. This is a really powerful level around 85. Uh, so the next one up here would be the 200% move. That's around 102. The 2618 is 131. This is kind of interesting because I've heard that this is kind of around where solar panels start to be possibly substituted with something else, you know. So, I don't know if there's anything to that. We'll see. 300% retracement move is


going to be around 150 148 3618 176 4618 222. All right. Now, that's crazy town, but who knows? I mean, we are kind of in a new paradigm here. Uh it uh you know this is a basing pattern. This goes this chart goes back to 1970 right when they still had gold fixed at 35 bucks an ounce. We just had a massive move up massive move up. This is a basing pattern that took 45 years and we have now finally broken out of it. I mean every trader on the planet has this white line on his chart that I've just


drawn you here. And this is our now this is our new like this is my the floor in my mind. Like I I just can't envision where silver is going to get back down here uh to 54 bucks an ounce um you know in in this bull cycle. Like I just don't think that's going to happen. Um it it it could get crazy. It really could, Charlotte. I'm literally betting on it. [laughter] >> Yeah. Yeah. Well, and part of the reason why I think it's okay to talk about the numbers that sound a little crazier is


because $100 sounded crazy years ago as well and and here we are. So, we'll we'll see how this plays out. I think the other thing I wanted to follow up with you in terms of silver is the equities. So I'm seeing a lot of questions, discussions around when are they going to start outperforming the metal itself. It's not to say they they haven't moved, but I think people are wondering when we'll get that outperformance that we we hear that will come. So what are you seeing there? How


how are you approaching because you mentioned you're rotating some money into the stocks as well. >> Yeah. So I think we have a catch-up trade coming. I think it's coming soon. So, if no one has taken advantage of this yet, I think you need to act like now. Uh, you probably have less than a month. Um, and then it'll play catch-up and that can be your quick trade. You know, if that's what you're looking to do. Um, so if we go back to the last year's performance of silver here and I


hover over this last bar, we can see that silver made 141%. I'm just looking at the green number up there. So, the metal itself made 141%. And if I go here to SIL, okay, a popular silver miners ETF, that one made 162%. So, you're absolutely right. You know, they did outperform um uh silver, but not by the exponential factor that we're used to seeing in pass bull markets. So, that's one of the reasons as well that I'm really excited for this catch-up here because I think that the generalist


person is starting to come into the market. I think a lot of this is driven, you know, by uh speculation by investors. I don't know that there's really a shortage going on. Uh I think the shortage is coming because people are buying it [laughter] more than anything else. Uh but yeah, I fully expect a catch-up trade like this. I think that uh I think that it's coming and I think it's going to come this year and probably this this first quarter. >> Okay. So, we've got time, but but maybe


not too too much time to get positioned for that. And the silver stock universe is quite small, I think, as we all know. where where is your focus when it comes to the silver equities? >> You know, I think for most people, this one will work just fine. This SIL, you know, this is uh we had a really nice pattern in this one a a few weeks ago that I put out to my subscribers. This is what we call a cup and handle pattern. Okay? And we uh had a cup handle breakout retest. There was actually uh um three points that you


could have bought this. You could have bought it right here. You could have bought it on the breakout. You could have bought it on the retest right there. I think we still got a little bit of room to run like I was talking about. You know, we got the earnings calls coming up for um uh for a lot of these silver companies. And I think you're going to have one last little punch rate here uh before that happens. Assuming the silver price can stay above, you know, 75 bucks an ounce or so. That should blow out expectations. And um I I


think it'll be a really nice trade. I really do. Yeah. There there is another one that I'd like to bring up too and and it's pretty pivotal today. Uh this is uh gold divided by the S&P 500. So this just kind of you know uh goes to show our point here is uh the metals are still undervalued compared to the S&P 500. And so we finally just broke out of this uh surveys sickness top right here. So this ratio this is basically taking gold and dividing it by the S&P 500. So when we


see this 7 over here, that ratio, when this gets up here to 1 one, that basically means that you can trade 1 ounce of gold for one share of the S&P 500, right? Okay, we're not quite there yet, but we just broke this pivotable resistance like today. And uh there's very little resistance in the way uh on above that. We've also got a neat little uh pattern like I was just showing on the other one. kind of a cuppish pattern with a little handle right here. Um, so it's not perfect. It's a little bit more


of a V, but it did hit perfectly down here on the 38% retracement, 38.2% retracement. So, the way we can measure this immediate target right here on this ratio chart is we just take the bottom up to the top and then string it back up. And look at how much more we have to go. Charlotte, this next upside target here will be like 75.76. And then if we do a logarithmic target on that, so we basically take the percentage move. So remember the percentage there is 16%. And you string it up and it could even go a little bit


higher if we bring that up to 16%. Boom. Could be up to like 77. Okay. So still more room to run here. I think generalist money is starting to realize, you know, what we've known for a while that since November of 2024, gold has been outperforming the S&P 500. And with it clearing this little bit of resistance here, I think institutional money will start to pay attention to that as well and move in even more. >> Yeah, I think we can certainly see that playing out right now. And I think we've


we've covered pretty well upside for silver as well as gold. I want to talk a little bit about the downside as well cuz I was thinking back to early November when we were both at the New Orleans investment conference. Prices were lower and there was a lot of talk at that time about well it looks like we need a correction. This is okay and then prices from that point essentially started going higher. So >> yeah. Yeah. So do we still need to see a bigger correction for gold and silver prices? What do you think?


>> Okay. Well, here's gold right here. And if I bring in the 200 day moving average. So if we go over past bull markets, there are times uh where gold comes back down and touches the 200 day moving average. So in the back of my mind, that's kind of always the floor. Okay. So wherever this blue line is, I'm thinking that's kind of the worst case scenario. As long as we're still in this gold bull market, eventually we're going to get out of it and we're going to crash through the 200 day moving average


and it'll be dormant for a decade. We're not we're not anywhere near that now. Uh but in the back of my mind, you got to be prepared for a pullback uh to to that. I don't think it'll really exceed it. If it does, it'll just be a short time. Uh but, you know, that could be a 20% pullback. And so, right now, the 200 day moving average is sitting around 3,700. I don't think that's going to crash down in a week or anything like that unless we get some kind of liquidity crisis. I think the way we got


to look at this is basically this is going to continue its move up and if we get some sideways action, you know, maybe like forming out a bull flag, that would qualify as touching the 200 day moving average before it moves up. Okay, so that that could satisfy that. uh it could also satisfy it if it does this and this continues to move up, you know, so maybe we only get down to 4,200 and it takes us a few months to get there and then we rock it up. Uh so I would look at the 200 day moving average as


the downside on gold. Initial support zones are going to be right here at 4,400. Then another around 4243 and yeah, then I would put that rising 200 day moving average for silver. Uh, this one's a little bit more volatile and violent. So, I put this white trend line that we drew before is sitting around $54. I would put that as essentially the floor right now in silver. I don't think it'll get there. Uh, I think it's very unlikely to get there. Um, but, you know, we got to be prepared that we could have a pretty


pretty nasty pullback here in silver. And it could also touch this 200 day moving average, which is rising pretty uh pretty aggressively here. you know, even if we have a pretty sharp pullback, I don't think it'll exceed that white line by the time the 200 day moving average gets there. Uh, other support levels in silver, I'm basically just going to look back at past price action. So, like right around here around 82 bucks would kind of be a support level that I might be interested in. Uh,


another one in the uh uh low70s. Uh, and then you got some price action right around here around 64 uh 58. Uh, but this is the big one right down here, 54. >> Okay, got it. And while we're on precious metals, I want to at least briefly touch on platinum. I think we've spoken about it, maybe not in our most recent conversation, but at some point before, and I know investors are wondering, all right, gold and silver has gone so far. Platinum has as well, but is there opportunity there? Are you


are you liking it, or does it fall into that expensive category for you? >> No, I I I think platinum's okay. I mean, we've had a really nice run. We were we were in this thing when it was 900 bucks and talking to Ed Sturk and he's like, "Hey, it's got to go up." And nobody cared, right? Now it's gone up and everyone cares. [laughter] This is awesome. Uh and we're at a pretty pivotal moment, I think. Uh so long-term here on Platinum, we can see that we broke out to a new all-time high


right up there, right? And so that alltime previous all-time high is going to now act as support. And so I'll bring it back to the daily here. We had this trend line here that acted as support that also hit right around the 20-day moving average and we've kind of been riding that right up. We have a bit of a triangle pattern here that we just broke out uh last night and today. And so now we got to see if we can close this week above this little trend line right here. And if we do, I think the way that most


traders are going to play this is they're going to simply treat this almost kind of like a bull flag, right? like you take the bottom up here and you go up to the top there and then you'll extend it to the breakout which like happened today and move it on up and so the next target that I see that I think a lot of traders will take profits on will be around 3,300. >> Got it. I think that makes >> So you're bullish. So okay, it's a it's a good Okay, good to get that one as


well. Okay, so we're clear on what's happening with platinum and I also want to make sure that we talk a little bit about copper. So copper, I believe I had asked you a couple months ago your pick for top performing asset of 2026 and copper was the choice. And already I know it's another one that's been kind of overshadowed by gold and silver, but copper prices have been at all-time highs already this year. So what has your approach been there? I know copper has a strong long-term outlook as well.


So how how are you playing copper right now? >> I think we're going to see a little correction in copper. So we had very recently uh we had a trend line um that that has gotten broken. So this one goes back to November and we can see it's pretty accurate you know just following that and boom within the last couple of days we started to drop down. So I definitely see some more weakness for copper. So I think this is going to be in the coming weeks it's going to be a really good time to be getting into uh


copper and copper equities. Uh there's a longer term trend line that I this in my mind would be the backup the truck moment. So you know full disclosure I started buying copper way back there in 2022 and 2023 and basically any retraces of copper to around that white trend line right there were buying opportunities. I don't think copper will get back down to here. The sick part of me hopes it does. Um but I think people can start getting into copper now. If I pull up a ratio chart here of copper


divided by gold. Okay, we can see that basically when the chart moves up, uh copper is outperforming gold. When the chart is moving down, gold is outperforming copper. Well, this goes back to uh the 80s, you know, and and we have these moments here where when we compare copper to real money, gold, it is extremely cheap, right? I mean, I don't know. Looks to me like that's going to move up. I mean, like, look at what we got right there. We got a nice little reversal bar right on the parallel channel that's been in place


since 1988. Uh, I think it's time to to, you know, I think 2026 will be a good year for copper. I really do. Um, there's another ratio I'd like to share if if it's all right, Charlotte. Okay. This one is the average US home priced in ounces of gold. Now, this chart goes back to 1975 and we can see back in 1980 at the height of the gold market, right? It took 73 ounces of gold to buy the average US home. Then fast forward all the way up to 2000 at the dot bubble, it took 700 ounces of gold


to buy your average home. Fast forward to 2011 116 and this was only back in 2022. Okay, so the end of 2022 basically 3 years ago it took 262 ounces of gold to buy one US home. Today it takes 85. Okay, so you could literally if you were buying gold back here in 2022, you could buy a house for what a discount right now. Let's look at silver. Okay, it's even better. Okay, this same chart goes back to the 70s, right? 19,000 ounces to buy a home. 1,500 at the height of uh of uh um uh the 1980 peak. Got all the


way up to 44,000. 2011 4,500. Just a few years ago, it cost you 25,000 ounces of silver to buy the average US home. And today, it takes 4,300. So from this perspective, homes are actually less than 20% the cost that they were just a few years ago. Housing is actually cheap when you price it in gold and silver. >> That's very that's very fascinating. Thank you for going through that one. I think it's so interesting to to look at how those line up. >> Yeah. Yeah. I I really think this is an


opportunity where stackers uh could trade some of their silver for cash flowing real estate. And from your perspective, housing is only 20% the cost that it was just a couple of years ago. >> Yeah. Yeah. It'll be interesting to see if if people take that action and play that out. So, yeah, thanks for going into that. And I think I think we're getting toward the end here. We've taken a bit of a whirlwind run through all the different metals that we usually go over, but do you have any final thoughts


that you would leave investors with? We're kind of still at the start of 2026, and it looks like it's going to be a a pretty unique kind of year. Yeah, I would say generally speaking, you know, look at your own portfolio and see what's had a nice little run and remember that you don't really make any money until until you press the sell button. I know it's not easy. I know it's difficult, uh, but it's it's a lot of fun to take those profits that you made and roll it into the next cheap


thing. So, right now, I think that generally speaking, spot gold and silver are relatively expensive compared to very good silver and very good gold miners. So, that could be a place where you could take some profits and rotate into the next leg up. Uh, another thing that I think is a really good time to do is to take some of that spot gold and spot silver and roll it into some highquality oil equities that I think will be the next leg up and the next run and uh I'm I'm really looking forward to


that rotation. >> Well, as always, a lot of actionable points that people can think about. And I almost forgot, but we will have the link to your technical analysis course if you want to just mention what that is all about. >> Yeah, I put together a technical analysis course for beginners. I show you how to set up your charts exactly like we have here. Um, it takes about 30 minutes. I show you mouse click by mouse click how to set them up. And then after that, the next two and a half hours of


the video series is me going through exactly what chart patterns I like to spot and to trade trends and to make money. Um, so thank you for mentioning that, Charlotte. Uh, you can check it out with the link down below. Getting a lot of positive feedback on it and I think it's helping a lot of people. I'm going to be doing some additions to it here pretty soon. So, uh, it's very exciting. Thank you. >> Oh, amazing. Yes, of course. And we'll have the link below for people who want


to check it out and thank you so much for coming on to talk. I'm sure we'll have you back soon and we can review what has been going on. So, thank you very much, >> Charlotte. I love our talks. >> Yeah, of course. And once again, I'm Charlotte Mloud with investingnews.com and this is Steve Barton with In It to Win It.