[REPLAY] Garrett Goggin: All Things Gold & Silver Stocks

Jun 20, 2025

Garrett Goggin, founder of The Golden Portfolio and a seasoned investor in junior precious metals miners, shares his insights on gold and silver stocks. He discusses the intricacies of portfolio construction and the importance of management teams in mining. Listeners learn about evaluating mining investments, including methodologies like net asset values and recognizing red flags. Garrett also explores untapped regions for mining opportunities and shares predictions on market trends influenced by inflation and economic policies. A must-listen for keen investors!

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ANECDOTE

Surprising Safety and Silver in Bolivia

Garrett found that some countries like Bolivia are safer and friendlier than perceived.
He discovered a significant new silver deposit near the historic Cerro Rico mountain.

ADVICE

Screen Mining Stocks Quickly

Quickly discern quality mining stocks by vetting management, financial health, and grade of the resource.
Avoid heavily diluted, low-grade silver miners who constantly issue shares and fail to generate profits.

ADVICE

Beware Grade Inflation in Drill Results

Be cautious of headlining drill results with inflated grades or misleading silver equivalent calculations.
Watch for companies relying heavily on base metals rather than pure silver in their revenue.

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Garrett Goggin is the founder of The Golden Portfolio, a newsletter that exclusively covers gold and silver mining stocks.

Garrett has over 15 years experience investing in junior precious metals miners. I spent over an hour picking his brain on portfolio construction, grade hurdle rates, red flags to avoid, and how to value a mining stock.

I think you'll like this one.

Please note that Garrett or myself might own any of the stocks mentioned in the podcast. None of this is investment advice. Do your own work. Mining investing is extremely risky. You've been warned.

Finally, a big thanks to the following sponsors for making the podcast a reality.

Mitimco

This episode is brought to you by MIT Investment Management Company, also known as MITIMCo, the investment office of MIT. Each year, MITIMCo invests in a handful of new emerging managers who it believes can earn exceptional long-term returns in support of MIT's mission. To help the emerging manager community more broadly, they created ⁠⁠⁠⁠⁠⁠emergingmanagers.org⁠⁠⁠⁠⁠⁠, a website for emerging manager stockpickers.

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