In it to Win it

In this week's Monday Market Moves, I broke down why the S&P 500 may be losing momentum despite gaining 0.9% as weakening RSI signals, a near double top, and falling volatility could point to a short-term market pullback.

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Recording Date 5-22-2026. I also explained why the U.S. dollar may continue strengthening while bond yields cooled after recent spikes, easing fears of a runaway move higher in Treasury yields. Across precious metals, I discussed why gold down 0.9% and silver down 1.7% still appear vulnerable to additional downside before reaching stronger long-term buying zones, while platinum and palladium continued showing mixed technical setups.

I also highlighted why copper remains one of the strongest long-term opportunities after gaining 1.4%, with copper miners potentially outperforming the S&P 500 significantly if the breakout structure continues holding. Uranium, coal, nickel, oil, natural gas, and diversified mining equities were all discussed as major long term hard asset opportunities despite short term volatility and possible washout selloffs creating better entries. I finished the episode by explaining why Bitcoin could still move lower toward 72000 while emphasizing disciplined technical analysis, staggered buying strategies, and focusing on long term commodity and energy trends instead of short-term market noise.

Key Insights in this episode

✅ S&P 500 up 0.9% but weakening RSI signals a likely short-term pullback near major resistance

✅ VIX fell 9.3% while the U.S. dollar pushed toward key breakout levels above 99.5

✅ Gold dropped 0.9% with Steve Barton targeting a possible move toward 4100 before turning bullish

✅ Silver fell 1.7% as bearish chart patterns point to further downside pressure

✅ Copper gained 1.4% with copper miners potentially outperforming the S&P 500 by 300%

✅ Uranium coal energy and mining sectors remain long term bullish while Bitcoin risks falling toward 72000

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Chapters

00:00 S&P 500 RSI Warning And Dollar Outlook 03:28 Gold Downtrend And 4100 Target 07:57 Silver Bear Flag And Pullback Risks 11:30 Copper Breakout And Mining Stocks 16:58 Uranium Washout Buying Opportunity 19:58 Oil Triangle Pattern And Energy Outlook 24:45 Natural Gas Weakness And Support Levels 25:36 Coal Stocks Long Term Bullish Setup 27:46 Platinum Weakness And Palladium Opportunity 29:07 Nickel Breakout And Mining ETF Strategy 31:24 Bitcoin Pullback Toward 72000 32:00 Final Thoughts And Technical Analysis Strategy

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#SteveBarton #MondayMarketMoves #Gold #Silver #Uranium #Copper #Oil #NaturalGas #Bitcoin #SP500 #VIX #DollarIndex #CommodityInvesting #MacroEconomics #Inflation #HousingMarket #NuclearEnergy #PreciousMetals #EnergyStocks #RickRule #SteveBarton #InItToWinIt

Monday Market Moves, gold price, silver investing, uranium stocks, uranium market, copper outlook, Bitcoin analysis, oil prices, natural gas stocks, VIX volatility, S&P 500, dollar index, inflation hedge, commodity investing, nuclear renaissance, housing market crash, precious metals investing, macro trends, energy sector, Steve Barton, In It To Win It

Axel Merk is the founder and chief investment officer of Merk Investments and is widely known for his expertise in currencies, gold, central banks, and global macro investing.

👉 Merk Investments

👉 X: @AxelMerk

Recording Date 5-20-2026. In this episode, Axel joins Steve Barton to break down the growing risks inside the global financial system, including rising bond yields, inflation pressures, central bank policy mistakes, and geopolitical tensions impacting energy markets and precious metals. Axel explains how tariffs disrupt global capital flows and increase borrowing costs, why he believes incentives ultimately drive economic outcomes, and why long-term investors should focus on preserving purchasing power instead of reacting emotionally to short-term market volatility. He also shares why gold became a core part of his investment philosophy, how central banks continue accumulating gold as a strategic reserve asset, and why pricing homes and college tuition in gold reveals the long-term decline in fiat currency purchasing power.

Axel also gives a detailed outlook on the future of the Federal Reserve and explains why he believes Kevin Warsh would bring a far more disciplined and hawkish approach to monetary policy than recent Fed leadership. He argues that the Federal Reserve has become too politically involved through policies like mortgage-backed security purchases and excessive intervention, creating distortions that ultimately increase long-term borrowing costs and financial instability. The conversation also explores gold demand, silver accumulation, oil market volatility, and how geopolitical conflicts could accelerate nearshoring and structural shifts across the global economy. Axel discusses why markets currently expect oil prices to normalize over time despite Middle East tensions, while warning that prolonged government intervention and fiscal stimulus programs could eventually create stronger tailwinds for precious metals. By the end of the interview, Axel emphasizes that successful investing requires discipline, a long-term process, and a deep understanding of how governments and central banks respond during periods of economic stress and market uncertainty. Top of Form

Bottom of Form

Key Insights in this episode

✅ Axel explains why tariffs increase borrowing costs and disrupt global capital flows

✅ Gold demand remains strong as central banks continue diversifying reserves

✅ Kevin Warsh could bring a more hawkish and disciplined Federal Reserve

✅ Rising bond yields reflect inflation fears and growing fiscal concerns

✅ Oil shocks and geopolitical tensions are accelerating nearshoring trends

✅ Governments may rely on subsidies and intervention to delay economic pain

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Chapters

00:00 Axel Merk Background And Investing Journey 02:53 Why Gold Became A Long Term Investment 06:57 Bond Vigilantes Inflation And Rising Yields 12:02 Kevin Warsh And The Future Of The Fed 17:38 Why The Fed Should Not Buy Mortgage Securities 20:29 Gold Prices Central Banks And Investor Demand 25:31 Fiscal Stimulus Inflation And Gold Outlook 28:49 Oil Markets Energy Prices And Geopolitics 35:22 Government Intervention And Market Distortions 37:33 Premium Discussion Gold Miners Copper And Risk Management

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#AxelMerk #Gold #Silver #FederalReserve #Inflation #GoldStocks #BondMarket #OilPrices #CentralBanks #KevinWarsh #MacroInvesting #PreciousMetals #USDollar #InterestRates #MiningStocks #Commodities #EconomicCrisis #EnergyMarkets #CurrencyMarkets #Investing #SteveBarton #InItToWinIt

In this week's Monday Market Moves, I break down why I believe the S&P 500 is reaching a critical turning point after briefly pushing above the 7,400 Fibonacci extension level before reversing lower into the close.

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Recording Date 5-15-2026. I explain why I expect weakness next week as volatility starts returning to the market with the VIX climbing 7.2%, the U.S. dollar unexpectedly rallying 1.5%, and the 10 year yield surging toward 4.75%, which I believe could put significant pressure on equities and risk assets. I also walk through gold's 3.6% weekly decline and silver's 4.1% drop while outlining the exact support levels, moving averages, and buy zones I'm personally watching for what I believe could become one of the final major buying opportunities before the next bull leg higher in precious metals. Throughout the episode I discuss gold to silver ratios, platinum to silver ratios, physical bullion strategies through PHYS and PSLV, and why moments of panic selling in commodities often create the biggest long term opportunities for disciplined investors.

I also spend a large part of the episode focused on uranium, copper, oil, natural gas, coal, platinum, nickel, and Bitcoin as several sectors approach critical technical levels. I explain why I remain extremely bullish long term on uranium despite expecting additional downside in URNM and other uranium equities, and why I would actually welcome a major washout event before what I believe will eventually become a powerful nuclear driven commodity cycle. I discuss why copper remains one of my favorite long-term trades despite short term weakness, why Brent crude appears stronger than WTI, and why natural gas may finally be breaking above key resistance after reclaiming the $3 level. Toward the end of the episode I also explain why I believe the housing market has already crashed when measured against gold, silver, copper, and platinum rather than U.S. dollars, showing how the average U.S. home now costs dramatically fewer ounces of hard assets than it did just a few years ago, which I believe signals a massive long-term shift toward real assets and commodities.

Key Insights in this episode

✅ S&P 500 finished flat while the VIX jumped 7.2% signaling rising volatility

✅ U.S. dollar rose 1.5% and bond yields surged as financial conditions tightened

✅ Gold fell 3.6% and silver dropped 4.1% with more downside expected short term

✅ Uranium held steady but URNM sank 7.5% as uranium equities stayed under pressure

✅ Oil climbed 6.8% and natural gas gained 6.6% as energy markets turned bullish

✅ Bitcoin fell 3.7% while housing became dramatically cheaper when priced in gold and silver

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Chapters

00:00 S&P 500 VIX And Dollar Outlook 02:22 Gold Breakdown And Buy Zones 05:16 Silver Support Levels And Ratios 10:28 Copper Weakness And Long Term Setup 11:40 Uranium Washout And Nuclear Renaissance 14:52 Oil Futures And Energy Market Trends 17:34 Natural Gas And Coal Trade Setup 19:22 Platinum And Palladium Opportunities 20:50 Nickel Weakness And Bitcoin Resistance 22:20 Housing Crash In Gold And Silver Terms 24:38 Final Thoughts And Premium Market Outlook

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#SteveBarton #MondayMarketMoves #Gold #Silver #Uranium #Copper #Oil #NaturalGas #Bitcoin #SP500 #VIX #DollarIndex #CommodityInvesting #MacroEconomics #Inflation #HousingMarket #NuclearEnergy #PreciousMetals #EnergyStocks #RickRule #SteveBarton #InItToWinIt

Jordan Rusche of Mining Stock Monkey joins Steve Barton to analyze today's biggest opportunities and risks across gold, silver, royalty companies, and energy markets while highlighting which mining stocks still offer attractive long-term value.

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Recording Date 5-13-2026. In this episode, Jordan and I break down why many major gold producers may now carry poor risk reward despite rising gold prices, what is really happening behind B2Gold's recent earnings surge, and why Royal Gold could be one of the most misunderstood royalty companies in the sector. Jordan also explains why Wheaton Precious Metals remains one of his favorite long term silver investments and discusses the growing importance of diversification, cash flow quality, and operational execution in the mining space. The conversation dives deep into valuation disconnects, market psychology, and how investors should think about downside protection in highly cyclical commodity markets.

Jordan explores oil markets, geopolitical risks, and how global supply disruptions could impact commodity prices moving forward. Jordan explains why he remains cautious on oil equities despite bullish macro headlines and discusses how energy markets could reverse sharply once geopolitical tensions ease. The episode also features an extensive discussion on Royal Gold's long term production growth, misunderstood valuation, and why royalty and streaming companies may offer safer exposure to precious metals compared to traditional miners. Jordan closes by sharing his institutional style mining research process, emphasizing the importance of studying quarterly reports, understanding accounting details, and developing an informational edge through relentless repetition and deep analysis.

Key Insights in this episode

✅ Major gold miners may now offer weak risk reward after the massive gold rally

✅ B2Gold delivered strong free cash flow but operational risks still remain

✅ Royal Gold could be undervalued due to misunderstood growth and diversification

✅ Wheaton Precious Metals remains Jordan's top long term silver exposure

✅ Oil stocks may face downside once geopolitical tensions begin to normalize

✅ Jordan's research edge comes from deeply studying mining company filings

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Chapters

00:00 Introduction To Gold Stock Opportunities And Risks 01:49 B2Gold Earnings Surge And Operational Concerns 05:53 Newmont Agnico Eagle And Gold Cost Pressures 08:00 Royal Gold Pueblo Viejo Silver Stream Update 09:58 Great Bear Royalties And Royal Gold Growth Potential 11:42 Core Mining Valuation Risks In Silver Stocks 12:35 Silver Crown Royalties And Honey Badger Silver 13:04 Jordan's Top Long Term Silver Stock Pick 14:12 VSLA Mexico Project Delays And Security Risks 16:03 Oil Market Risks And Energy Stock Outlook 18:28 Devon Energy Merger And Hedging Strategy 21:50 Gold Developers Mergers And Acquisition Trends 23:35 Newmont Versus Agnico Eagle Stock Comparison 24:21 Wheaton Precious Metals Versus Franco Nevada 25:10 Jordan Rusche Mining Research Process Explained 27:57 SSR Mining Turkey Risks And Strategic Review 30:04 Why Royal Gold May Be Deeply Undervalued 37:56 Mining Stock Monkey Research Service Offer 39:45 Premium Discussion Copper Risks Royalties And Commodities

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#JordanRusche #MiningStockMonkey #GoldStocks #SilverStocks #RoyalGold #WheatonPreciousMetals #BarrickGold #Newmont #AgnicoEagle #B2Gold #GoldInvesting #SilverInvesting #MiningStocks #CommodityMarkets #OilStocks #DevonEnergy #RoyaltyCompanies #CopperStocks #ResourceInvesting #PreciousMetals #SteveBarton #InItToWinIt

In this week's Monday Market Moves, I broke down the massive 2.3% rally in the S&P 500 and why I believe the market could still push toward the 7,650 level despite extremely overbought conditions.

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Recording Date 5-8-2026. I explained how Fibonacci extensions from the tariff panic selloff accurately projected the recent breakout and why the current bull flag structure still points higher. I also covered the weakening U.S. dollar, critical resistance levels in gold near 4,950, and why silver continues to outperform gold as the gold-to-silver ratio compresses sharply. Copper surprised me with a major breakout above $6.15, and I believe the setup in copper miners could signal another powerful move higher across the commodity complex.

I also walked through why uranium equities remain weak short term even though long-term uranium fundamentals continue to improve with term prices holding near $91.50. Oil and energy stocks still appear vulnerable with bearish flag formations developing across crude, Brent, and XLE, although I remain constructive longer term on quality oil producers. Platinum continues to look technically stronger than palladium, while nickel may be resetting after a major breakout. Finally, I explained why Bitcoin remains technically dangerous despite a short-term bounce, including a bearish head and shoulders pattern that could target as low as $25,000 if support fails.

Key Insights in this episode

✅ S&P 500 gained 2.3% and hit the 7,400 target with 7,650 next

✅ Gold rose 1.9% but still faces heavy resistance near 4,950

✅ Silver surged 5.8% and continued outperforming gold

✅ Copper jumped 5.2% after breaking above the key $6.15 level

✅ Oil and Brent crude remain bearish with downside pressure building

✅ Bitcoin gained 2% but still risks a drop toward $25,000

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Chapters

00:00 S&P 500 Breakout And Market Outlook 02:37 U.S. Dollar Double Bottom Analysis 03:24 Gold Resistance And Bull Flag Setup 07:39 Silver Rally And Gold Silver Ratio 11:10 Copper Breakout And Copper Miners 14:34 Uranium Weakness And Term Price Outlook 16:36 Oil Bear Flag And Energy Stocks 19:40 Platinum Strength And Palladium Weakness 21:12 Nickel Breakdown And Future Setup 21:56 Bitcoin Bearish Head And Shoulders 22:54 Final Thoughts And Portfolio Updates

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#SteveBarton #MondayMarketMoves #SP500 #Gold #Silver #Copper #Uranium #Oil #Bitcoin #Nickel #Platinum #Palladium #Commodities #MiningStocks #GoldStocks #SilverStocks #Macro #Inflation #Trading #Investing #SteveBarton #InItToWinIt

Tara Christie is the President and CEO of Banyan Gold and one of the leading voices in Yukon gold development today.

👉 Tara Christie: [email protected]

👉 https://banyangold.com

Recording Date 5-7-2026. In this interview, Tara breaks down why the Aurmac Project is approaching a transformational moment as Banyan prepares to release its first Preliminary Economic Assessment in the second half of 2026. She explains how the company has already outlined nearly 8 million ounces of gold while aggressively upgrading higher-grade zones and expanding exploration potential across the district. The conversation also highlights Banyan's strategic infrastructure advantages including road access, power, and a shorter permitting timeline compared to remote projects. Tara also discusses the company's strengthened treasury after closing a major financing that positions Banyan to accelerate drilling and development through 2027.

Tara dives deep into what the upcoming PEA could reveal about Aurmac's economics including all-in sustaining costs, capital expenditures, mineable ounces, project valuation, and long-term profitability. Tara outlines why she believes the market still undervalues Banyan Gold and argues that perceptions around grade and scalability could change dramatically once the economics are published. Tara explores the implications of the Franco-Nevada royalty transaction, the evolving situation surrounding Victoria Gold's Eagle Mine, and the possibility of future district consolidation in the Yukon. Tara shares new details on Banyan's emerging high-grade silver discovery, explaining how it could eventually create an early cash flow opportunity alongside the larger gold project. Tara closes with a discussion around strategic optionality, potential acquisition interest from major miners, and why Banyan intends to continue aggressively de-risking and advancing Aurmac toward development.

Key Insights in this episode

✅ Banyan Gold is preparing to release its first PEA in the second half of 2026

✅ Aurmac currently hosts 2.2 million indicated ounces and 5.4 million inferred ounces of gold

✅ The company raised $46.5 million and now holds roughly $70 million in treasury

✅ Tara Christie believes the market significantly undervalues Banyan relative to peers

✅ High-grade silver discoveries could create future early-stage cash flow opportunities

✅ Yukon consolidation potential remains active as majors search for scalable projects

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Chapters

00:00 Introduction To Banyan Gold And Aurmac 01:41 Aurmac Resource Growth And Yukon Advantages 03:23 How Banyan Will Use Its $70 Million Treasury 05:30 Why The PEA Could Revalue Banyan Gold 08:44 Key Metrics Investors Should Watch In The PEA 10:07 Franco Nevada Royalty Deal Explained 11:28 Eagle Mine Fallout And Yukon Consolidation 17:53 Upcoming Mineral Resource Update Details 19:45 Banyan Gold Silver Discovery Potential 23:36 New VP And Corporate Development Strategy 26:36 Build Mine Or Sell Company Discussion 28:33 2026 Drill Program And Exploration Plans 30:02 What Banyan Gold Must Prove To The Market

30:48 Banyan Gold Market Mispricing And Future Revaluation

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#TaraChristie #BanyanGold #GoldStocks #GoldMining #GoldBullMarket #JuniorMining #MiningStocks #YukonGold #Aurmac #SilverDiscovery #GoldInvestment #FrancoNevada #AgnicoEagle #ResourceStocks #MiningNews #GoldPrice #PreciousMetals #SilverStocks #MiningInvesting #SteveBarton #SteveBarton #InItToWinIt

In this week's Monday Market Moves, I break down a 0.9% S&P 500 breakout, falling volatility, and major moves across gold, oil, and Bitcoin to map out where markets are likely headed next.

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Recorded on 5-1-2026. I break down the S&P 500 pushing up 0.9% and testing key Fibonacci levels while flashing mixed signals that suggest a short term pullback before continuation. I also highlight volatility dropping sharply and the dollar showing early signs of a bounce despite a longer-term bearish trend. Across rates and macro, I explain why yields may push toward 4.5% and what that means for risk assets.

I then dive deep into commodities where gold is down 2% and stuck in a wide range while silver surprises with a breakout setup that could lead to upside next week. Copper weakens, signaling economic softness, while uranium stays rangebound and oil surges nearly 9% despite expectations of near-term downside. I also cover a major breakout in nickel, continued strength in coal, and a bearish setup in Bitcoin driven by a larger bear flag pattern. I close with tactical setups, key levels, and how I'm thinking about positioning into next week.

Key Insights in this episode

✅ S&P 500 up 0.9% testing 38.2% Fibonacci resistance near $7000 with mixed signals ✅ VIX down 9.2% approaching $13.5 buy zone signaling lower fear ✅ Gold down 2% trading in $4100 to $5000 range with sideways bias ✅ Silver flat but breakout suggests upside toward $80 to $82 resistance ✅ Oil WTI up 8% and Brent up 9.3% but short term pullback expected ✅ Bitcoin down 0.3% forming bear flag with potential rejection near $84000

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Chapters

00:00 S&P 500 Breakout And Market Direction 03:50 Gold Trend And Key Levels 09:06 Silver Breakout And Price Outlook 13:21 Copper Weakness And Market Signals 14:54 Uranium Strategy And Positioning 17:35 Oil Surge And Future Outlook 22:05 Natural Gas Resistance Trade Setup 23:43 Coal Market Strength And Entry Timing 24:55 Platinum And Precious Metals Correlation 26:08 Nickel Breakout And Upside Potential 28:40 Bitcoin Bear Flag And Downtrend Risk 29:39 Final Thoughts And Trading Wrap Up

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#SteveBarton #SP500 #Gold #Silver #Oil #Bitcoin #Copper #Nickel #Uranium #NaturalGas #Coal #MacroOutlook #Investing #Commodities #StockMarket #Trading #Finance #Inflation #EnergyMarkets #MarketAnalysis #SteveBarton #InItToWinIt

Rick Rule, one of the most respected natural resource investors of the past 50 years, and Mike Rothman, founder of Cornerstone Analytics and a veteran energy market analyst.

👉 Mike Roth Email

👉 Rick Rule

Recording Date 4-28-2026. In this episode, Rick and Mike into a bold and controversial thesis that the world is not facing an oil glut but a structural supply crisis. Mike brings decades of experience studying oil supply, demand, and geopolitics, while Rick offers a capital allocator's perspective shaped by cycles across mining, energy, and commodities. Together, they explore whether the world is on the brink of a major energy bull market. The conversation challenges mainstream narratives around oversupply and instead presents a case for a tightening market. From flawed demand forecasts to declining investment, the episode sets the stage for a potentially explosive shift in energy prices.

Mike outlines how global inventories are collapsing despite widespread claims of excess supply, driven by underestimated demand and declining non-OPEC production. He highlights how geopolitical disruptions have removed massive volumes of oil from the market, accelerating an already tight supply backdrop. Rick reinforces this by explaining how deferred capital spending has permanently damaged production capacity, making recovery far more difficult than markets expect. Both experts agree that rising prices are not just speculative but necessary to ration demand and restore balance. The conversation concludes with a powerful message that energy equities remain in the middle innings of a long-term bull cycle with significant upside ahead.

Key Insights in this episode

✅ Global oil demand continues to rise despite higher prices, defying traditional economic theory ✅ Underinvestment of over 3.6 trillion dollars has structurally reduced future oil supply ✅ Non OPEC production growth is slowing while shale output faces steep decline rates ✅ Inventory drawdowns contradict the widespread belief in a global oil glut ✅ Geopolitical disruptions have removed over 10 million barrels per day from supply ✅ Energy equities are still in the middle phase of a multi year secular bull market

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Chapters

00:00 Introduction Energy Bull Market Setup 02:22 Rothman Macro Oil Market Framework 06:40 Non OPEC Supply Breakdown And Inventory Draws 11:05 Global Supply Shock And Geopolitical Disruption 15:48 Strategic Reserve Releases And Price Impact 21:01 Underinvestment And Missing Barrels Explained 29:29 Demand Miscalculation And Phantom Oil Supply 32:56 Rick Rule Investor Thesis And Market Reality 37:42 Emerging Markets Demand And Energy Consumption 44:56 US Rig Count Decline And Shale Reality 49:54 Gasoline Prices Versus Diesel Crisis Explained 55:33 Closing Thoughts And Premium Segment Preview

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#RickRule #MikeRothman #OilCrisis #EnergyBullMarket #OilPrices #Commodities #EnergyStocks #MacroEconomics #Inflation #SupplyShock #OPEC #ShaleOil #GlobalMarkets #Investing #NaturalResources #OilDemand #EnergyTransition #Geopolitics #DieselCrisis #StockMarket #SteveBarton #InItToWinIt

In this week's Monday Market Moves, I break down a shocking divergence across markets as stocks push higher toward new targets while gold and silver sharply sell off and oil explodes 13% raising the question of whether we are witnessing the start of a major macro shift.

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Recorded on 4-24-2026. I walk through the S&P 500 pushing higher after breaking key Fibonacci resistance while the U.S. dollar continues to weaken inside a long-term channel. I also highlight rising bond yields signaling potential stress in global demand for U.S. debt. Across commodities I analyze sharp pullbacks in gold and silver alongside a strong surge in oil and a breakout in nickel that could signal a major trend shift.

I then dive into the implications of these moves and where capital could flow next. Precious metals are showing weakness with downside targets forming while copper and uranium remain mixed with slight bullish bias. Energy markets surged but are likely due for a pullback as technical resistance kicks in. Natural gas appears to be breaking down structurally while coal enters a seasonal opportunity window. Finally, I assess Bitcoin sitting at a key inflection point with no clear edge signaling caution for traders in the near term.

Key Insights in this episode

✅ S&P 500 up 0.6% with bullish continuation targeting $7400 via Fibonacci extension ✅ U.S. dollar downtrend intact with potential breakdown toward 90 level ✅ Gold down 2.8% with possible retracement toward $4000 and 38.2% level ✅ Silver down 6.6% confirming bear flag with further downside likely ✅ Oil up 13% but showing signs of short-term reversal after resistance hit ✅ Nickel up 6.25% with confirmed breakout signaling strong upside momentum

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Chapters

00:00 S&P 500 Bullish Setup And Targets 02:00 U.S. Dollar Breakdown Risk 04:04 Gold Pullback And Key Levels 07:08 Silver Bear Flag Breakdown 12:46 Copper Resistance And Breakout Watch 14:38 Uranium Market Outlook 16:20 Oil Surge And Reversal Setup 20:52 Natural Gas Breakdown Warning 22:40 Coal Seasonal Opportunity 24:00 Platinum And Palladium Weakness 25:59 Nickel Breakout Confirmation 27:40 Bitcoin Key Inflection Point

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#SteveBarton #RickRule #SP500 #Gold #Silver #Copper #Uranium #Oil #NaturalGas #Nickel #Bitcoin #Commodities #MacroTrends #Investing #StockMarket #EnergyCrisis #Inflation #Trading #PreciousMetals #Crypto #SteveBarton #InItToWinIt

Rick Rule is a legendary natural resource investor and longtime market strategist known for his deep expertise in commodities and mining equities.

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Recording Date 4-24-2026. In this episode of the Rule Classroom Plus, Rick joins Steve Barton to break down key insights from recent bootcamps, including copper and uranium, while also walking through real-time investor questions. Rick covers how to properly evaluate mining companies, what separates successful operators from weak ones, and why due diligence remains the most critical skill for investors. Rick emphasizes disciplined thinking, skepticism, and understanding management quality as core pillars of success. This episode is both a masterclass and a real-world application of resource investing principles.

Rick dives into major macro risks including a potential liquidity crisis, rising credit concerns, and geopolitical shocks such as disruptions in global energy supply chains. He explains why he is raising cash, trimming winners, and preparing for volatility despite strong commodity trends. The discussion highlights opportunities in silver equities, uranium portfolios, and select copper and royalty plays, while also warning about overvaluation and structural risks in ETFs and lithium markets. Rick stresses patience, contrarian thinking, and buying during periods of extreme pessimism as the key to outsized returns. He closes by reinforcing that investor education and independent judgment are more valuable than any single stock pick.

Key Insights in this episode

✅ Rick Rule is actively raising cash due to rising liquidity and credit risks ✅ Silver stocks are undervalued relative to metal prices based on NPV assumptions ✅ Lithium supply is abundant but processing capacity is the real bottleneck ✅ High yield bond ETFs carry hidden liquidity risks beneath the surface ✅ Best investment opportunities appear when sectors are deeply hated ✅ Large tier one deposits consistently outperform smaller mining projects

Tools for Success that I Love and find Helpful / Affiliates:

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Chapters

00:00 Welcome To Rule Classroom Plus 00:51 Copper Bootcamp And Luca Due Diligence 03:00 Mining Team Experience And Local Expertise 03:50 Luca Mining And Empress Royalty Updates 05:27 Discovery Silver And Mexico Permit Catalyst 07:08 Lithium Refining And Processing Capacity 08:54 Vetting Companies And Management Fees 11:00 Mega Uranium And Holding Company Discount 13:09 Canadian Copper In New Brunswick 14:57 Marin Energy Rating And Lundin Selling 16:06 Strait Of Hormuz And Liquidity Risk 17:27 High Yield ETF Liquidity Concerns 19:45 Lobo Tiggre Cash Position 21:19 Occidental Petroleum Valuation 22:22 Silver Stocks Outperformance Indicator 25:15 Lundin Royalty Ranking And Strategy 26:44 Energy Fuels Uranium And Rare Earths 28:10 Jurisdiction Risk In Resource Bonds 29:34 Royalty Valuations And NAV Premiums 31:38 Lifezone Metals Catalysts 33:14 Aldebaran Resources Ranking 34:35 Paramount Resources And Canadian Oil 35:17 New Found Gold Size And Fundraising 36:23 Lifezone Centaurus And Nickel Picks 37:26 Magnum Mining Copper And Nickel Optionality 38:39 Battle Bank Account Feedback 39:59 Ero Copper Opinion 40:36 Exxon Bonds Versus US Treasuries 41:47 Tungsten Market And Pure Tungsten 42:48 Snowline Gold And Bravo Mining 44:33 Battle Bank For Non US Residents 45:48 Emerita And Denarius Bid 46:53 How To Support Rick Rule 48:17 Lumina Metals And Polish Copper Silver 49:59 Banyan Gold Production Potential 52:30 Gold Hart Copper Opinion 54:40 Western Copper And Casino Project 56:36 Final Thoughts And Investor Education

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#RickRule #Commodities #MiningStocks #Silver #Gold #Copper #Uranium #Lithium #EnergyCrisis #MacroEconomics #Investing #StockMarket #NaturalResources #ETFs #CreditRisk #Inflation #ResourceInvesting #PreciousMetals #OilMarkets #LiquidityCrisis #SteveBarton #InItToWinIt