ASM ASM International N.V. : Bullish and Bearish Analyst Opinions

Skousen mentions "Kinross Gold... Avino Silver... Newmont... have just gone through the roof" but believes the secular bull market continues due to supply shortages (silver coins being melted down). The "wealth effect" and "Trump accounts" (retail inflows) are chasing performance. With silver specifically facing a physical shortage (US Mint suspending production) and high industrial use in chips, miners offer leveraged exposure to the metal price. LONG specific miners (Kinross, Avino, Newmont) to capture the leverage on continued metal price appreciation. Windfall profit taxes or nationalization risks in foreign jurisdictions; rising energy costs hurting mining margins.