Video News/Digging Deep

John Feneck, Founder and CEO of The Feneck Commodities Report, says the recent pullback in gold and mining equities does not signal a shift in the broader trend, but rather a buying opportunity within an ongoing bull market. Speaking with Kitco Mining’s Digging Deep, Feneck said the selloff following geopolitical tension in the Middle East has created a disconnect between metal prices and equity performance, adding, “This is a buying opportunity.” Feneck pointed to strong fundamentals across the sector, highlighting record free cash flow from major producers alongside sharp declines in junior gold stocks. He said that gap, combined with constrained global gold production, could drive increased M&A activity as companies look to replenish reserves. The discussion also covered rising expectations for larger-scale deposits, silver supply deficits, China’s role in critical minerals, and the return of capital to the mining sector through financings and IPOs.