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Brien Lundin: Where and why for gold and silver
By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Wednesday, January 21, 2026
For those who thought 2025 was crazy for gold and silver, 2026 is saying, "Hold my beer."
So far this year, we have seen silver reach for the skies and a target of $100 that seemed like a fantasy ... or fanatical ... just a few weeks ago.
... Dispatch continues below ...
... ADVERTISEMENT ...
Power Metallic Reports Lion Zone Recoveries of 98.9% Copper,
93.9% Palladium, 96.8% Platinum, 85% Gold, and 88.9% Silver
Company Announcement
via Pro.CEO.CA
Monday, January 19, 2026
TORONTO -- Power Metallic Mines Inc. (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) provides preliminary metallurgical results performed by SGS Canada Ltd1 at its laboratories based in Quebec City, Quebec, and Lakefield, Ontario, from representative samples of Lion Zone mineralization.
An initial Lock Cycle Test returned a sulphide concentrate grading 25.8% copper containing very high metal recoveries of copper (98.9%), palladium (93.9%), platinum (96.8%), gold (85.0%), and silver (88.9%), exceeding Power Metallic's most optimistic estimates for recovery prior to this test work.
As previously reported, the copper mineralization at Lion is contained within coarse grained chalcopyrite and cubanite and copper was expected to respond well to conventional sulphide concentration methods. These initial metallurgical tests were designed to determine the recovery potential of the platinum group metals, gold, silver, and nickel. ...
... For the remainder of the announcement:
https://pro.ceo.ca/@newswire/power-metallic-reports-lion-zone-recoveries-of-989
And during that amazing run, gold has been relatively well behaved, advancing steadily but unspectacularly, at least in comparison to silver.
That has changed over the past few trading sessions. As you can see from the chart posted with this essay, gold has accelerated to the upside, seemingly taking aim for the magical $5,000 level in the near future. (This chart makes it seem like gold is down today but, thanks to a surge in overnight markets, it's actually up over $50 from yesterday.)
Silver is taking a break today, and a much needed one at that. But if you take all of these moves, including the PGMs, base metals, and just about every other commodity ... it's obvious that something's up.
Let's take a look at just what that could be.
... For the remainder of the commentary:
https://goldnewsletter.com/go012126/
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