Don Durrett bought gold and silver miners the whole way down, and he says the last six months were the opportunity, not the problem. But he thinks one more dip is coming before the real move begins.
The GoldStockData.com founder, who tracks roughly 870 companies and owns 168 of them, said the first leg of this bull market ran from August 2024 to January’s peak of $5,600 gold and $120 silver.
He believes “leg two” hasn’t started yet, puts the odds of one more correction at “about 50/50,” and targets a dip near $3,750 before November, meaning buyers at today’s levels “could be catching a falling knife.”
He calls this “the trade of a lifetime,” comparing his conviction to Michael Burry’s Big Short bet: a near certainty, in his view, where the only real question is timing.
