MacroPass™: Jeff Clark On The Promising Outlook For Junior Mining Stocks

"The fuse has been lit..."

This week’s submission for our popular MacroPass™ service available to premium members of this Substack comes from mining analyst Jeff Clark.

He sees conditions as near-perfect for a substantial rally for the junior mining stock complex.

A relentlessly rising gold price. Rising producer cash flows. The Fed cutting interest rates. Recession, stock market decline, monetary easing. In Jeff’s opinion all those things will come or are already in progress. But the fuse has been lit by another factor, based on a table in the report below he says “you just gotta see”…

As a reminder, MacroPass™ is a weekly rotating selection of premium analysis from many of the big thinkers interviewed on Thoughtful Money.

To-date that list of contributors includes experts like Lacy Hunt (Hoisington), Stephanie Pomboy (Macro Mavens), Danielle DiMartino Booth (QI Research), Tom McClellan, Michael Howell (Capital Wars), Darius Dale (42 Macro), Doomberg, Ted Oakley (Oxbow Advisors), Kevin Muir (The Macro Tourist), Alf Peccatiello (The Macro Compass), Lance Lambert (ResiClub), Ed Yardini (Yardini Research), David Hay (Haymaker), Melody Wright (M3_Melody), David Stockman (Contra Corner), David Brady (FIPEST Report), John Rubino, Adam Kobeissi (The Kobeissi Letter), Sven Henrich (Northman Trader), Jeff Clark (The Gold Advisor), and Chris Whalen (The Institutional Risk Analyst).

The reports issued so far in this MacroPass™ series include

• David Stockman on Bitcoin's threat to fiat currency

• Darius Dale on the market's transition from 'Goldilocks' towards Deflation

• The Kobeissi Letter on tech stock weakness & recession fears

• Melody Wright on fast-worsening housing data

• Lacy Hunt on his quarterly outlook & review

• Ted Oakley on his latest market outlook

• Lance Lambert on rising housing inventory

• Doomberg on the future of nuclear energy

• Jeff Clark on Outcrop Silver

• Ed Yardeni on the labor market, fed rate cuts & more

• David Stockman on stolen economic growth

• Michael Howell on global liquidity

• Melody Wright on mortgage default risk

• Edwin Dorsey on the short argument for Primerica

• Danielle DiMartino Booth on the debt-default reckoning lying ahead

• David Hay on the wild action in the Japanese yen

• Kevin Muir on the emerging opportunities in Chinese stocks

• Alf Peccatiello on the growing fragility in credit markets

• Tom McClellan’s excellent April Market Report

If you’re already a premium subscriber to this Substack, just continue below to read Jeff’s report below.

And if you’re not (yet), just upgrade to premium and access the full report, as well as all past and future MacroPass™ content