At the recent Deutsche Goldmesse, Soar Financial's Kai Hoffmann pushed back on our last conversation about margins. Most gold and silver companies, even at currently reduced margins, are printing cash. Fair enough. But Mr. Market doesn't like it when margins go from expanding to contracting... and if he gets foolish enough about that, it can create buying opportunities for courageous contrarians.

Timestamps (AI-generated):

00:00 — Intro
01:05 — Did Lobo Call the Top?
02:00 — Gold & Silver Correction Ahead
03:15 — Emotional Investing Destroys Portfolios
04:00 — Are Gold Miner Margins Peaking?
06:05 — Why Gold Stocks Still Lag Gold
08:00 — Diesel Costs & Margin Compression Risk
09:35 — Gold at $4,500 and Investors Panic
11:05 — Inflation Is Rising Again
13:20 — Stagflation Is Becoming Reality
14:35 — Why Gold Sold Off on War Headlines
16:20 — Central Banks Selling Gold?
18:05 — Silver’s Industrial Demand Explosion
19:40 — Copper Hits All Time Highs
21:00 — AI Needs 1000x More Energy
22:20 — Why Copper’s Supply Crisis Is Long Term
24:45 — Is the Market Ignoring Recession Risks?
27:00 — Best Copper Stocks to Watch
28:10 — Lobo Warns of Major Market Reversal
29:35 — Why He’s Holding 80% Cash
31:00 — The Biggest Wealth Opportunity Ahead