Sorry, that got posted before it was ready.  Here's what I intended. 

https://energyandgold.com/2024/03/11/bob-moriarty-there-is-no-historical-precedent-for-todays-gold-market-miners-could-rally-500/

I agree!  I've seen it before.  It happens 2-3 times per century, and we are due for such now.  The last such rally topped in January 1980 (and that was mild compared to earlier ones).

https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

And the above is just over 100 years.  Check this chart below for a 500-year view to 2011. 

http://www.pcgs.com/ezine/imagesforweb/gold_700_04082014.jpg

Note that the speaker in the interview generalizes and makes references to producers.  While explorers and small-time producers will lag, they almost always outperform the seniors, often by multiples.  With an important discovery, a tiny explorer like LBSR could become among the best performers in the mining sector as the new trend in POG - and copper and moly - continues.   

I met the speaker ages ago before he became a newsletter writer, and a couple of times since.  I can't say I care for the person or some of his political and international relations opinions, but he does have good insights into markets, cycles, and small mining companies.  

VP