In this interview, Thomas Parilla joins us to break down the recent gold and silver price correction and explain why the precious metals bull market may still be intact. We discuss the growing disconnect between paper and physical gold markets, massive central bank gold buying, rising global debt, and the potential risks facing the COMEX silver market as physical demand increases. Thomas also shares his outlook for gold and silver prices, and explains the key drivers behind the long-term silver supply deficit. Finally, we explore how to evaluate gold and silver mining stocks, the importance of jurisdiction, and why many investors are focusing on the Golden Triangle in Canada. If you’re interested in gold investing, silver investing, precious metals markets, inflation protection, and the future of the U.S. dollar, this interview provides valuable insights for long-term investors.

🗓️ Recording date: March 26, 2026

📖 Chapters
00:00 Intro
01:20 Is the Precious Metals Bull Market Over?
02:10 Why Corrections Are Normal in Gold & Silver
03:00 Paper vs Physical Gold Market Disconnect
03:55 Should Investors Buy the Dip in Mining Stocks?
04:45 Investment Strategy Mistakes
05:40 Why Rising U.S. Debt Supports Gold & Silver
06:30 War Impact on Gold, Oil and Markets
07:15 Could Countries Be Selling Gold Reserves?
09:10 The “Strong Dollar” vs Purchasing Power
10:05 COMEX Silver Inventory Drop
11:05 Did China Try to Pressure the COMEX?
12:00 Physical Silver Demand vs Paper Markets
12:55 Why Countries Want Their Gold Back
13:50 Are Central Banks Still Buying Gold?
14:45 Why Silver Was Hit Harder Than Gold
15:40 What Could Trigger the Next Silver Rally?
16:40 Silver Supply Deficit and Industrial Demand
17:40 Will Higher Prices Bring More Mining Supply?
18:40 How to Pick the Best Gold & Silver Stocks
20:00 Why Jurisdiction Matters for Mining
21:00 Mining Risks in Mexico, Africa & South America
22:20 Mining M&A
23:20 Final