Metals and Miners
Metals, Miners, Finance & the Economy at-large | Subscription details posted on our About page
- Top in Finance
- #69
- Paid leaderboard
- #67
- Subscribers
- 30K
- Paid subscribers
- 100+ paid
- Badge
- Bestseller 100
- Followers
- 57K
- Paid plan
- $30/mo
- Recommends
- 54
- Podcast
- Yes
rounded by Substack
other newsletters
What they write about
Metals, mining equities and the wider economy, written in emphatic headline style. Recurring subjects include silver and structural supply deficits, Treasury yields and the 60/40 portfolio, sovereign debt and central bank reserves, oil and Middle East supply risk, and the energy demands of the AI build-out. Also runs interviews.
- precious metals
- mining
- treasury yields
- sovereign debt
- oil
- commodities
Recent examples: INFLATION HAS STAYED ABOVE TARGET FOR 65 MONTHS: The Fed’s Tough Talk Hasn’t Brought It Down, The High Debt Will Force Fed To Lower Rates & How That Combination Is Jet-Fuel For Hard Assets! · “SAFE” GOV’T BONDS ARE LOSING BUYERS: Rising Debt And Yields Making Government Paper Far Less Safe, Foreign Buyers Already Shifting Into Gold & Demographic Changes And Lack Of Trust Forcing Rotation!
Written from Metals and Miners’s own published post titles and openings in Sep 11, 2026. It describes the subjects the newsletter covers, not its views, and is not investment advice.
Most-mentioned tickers
Symbols named in the headline of a post from the last 30 days, most-covered first. The number is how many of those posts mentioned it.
Read from 1 post headline in the last 30 days. A newsletter that names a company only in the body of a post will not appear here, and a mention is not a recommendation — it only means the symbol came up.
Growth history
Subscribers (thousands, nightly)
29K on Sep 10, 2026 → 30K on Oct 21, 2026
Followers (thousands, nightly)
Rank in Substack’s finance leaderboard: #69 today · #64 a week ago · #61 a month ago
Stats worth sharing
Tracked since Sep 10, 2026 — 42 daily snapshots so far. The card below is built from what we track and refreshes nightly.
- Percentile
- Top 14%
- Best rank seen
- #59
- Rank, 7 days
- −5 places
- Rank, 30 days
- −8 places
- Subscribers added
- +1.0K
- Followers added
- +1.2K
- Posts
- 42
- Reactions per post
- 12
- Reactions tracked
- 853
- Tickers covered
- 1
of 525 ranked finance newsletters
on Oct 12, 2026
since tracking began
since tracking began
last 30 days
average, recent posts
across 70 posts
in tracked posts
Most-reacted post we have seen: EUROPE IS TELLING ITS CITIZENS WAR IS COMING: Hospitals and Bunkers Are Being Readied, Washington D.C. Is Pulling Back & Why Gold, Silver, and the Miners Sit Under That Alert! — 24 reactions on Sep 19, 2026.
Recent posts
- INFLATION HAS STAYED ABOVE TARGET FOR 65 MONTHS: The Fed’s Tough Talk Hasn’t Brought It Down, The High Debt Will Force Fed To Lower Rates & How That Combination Is Jet-Fuel For Hard Assets!
Inflation has now run above the Federal Reserve’s 2% target for 65 straight months. Read that again. That stretch includes the strongest rate-hiking campaign in decades and repeated statements from Fed officials that fighting inflation is their top priority. The result is still an inflation rate that is elevated and no longer falling cleanly toward the 2% goal. Just look at the chart above. Last week’s inflation data fit the same pattern. Prices are stuck in a higher zone for multiple reasons. Then, President Trump recently said “I love the inflation” after a report showed the annual consumer…
- “SAFE” GOV’T BONDS ARE LOSING BUYERS: Rising Debt And Yields Making Government Paper Far Less Safe, Foreign Buyers Already Shifting Into Gold & Demographic Changes And Lack Of Trust Forcing Rotation!
Governments around the world are dealing with the same three problems at once: Bond yields are higher. Budget deficits are larger. The total pile of debt keeps growing. For years investors treated government bonds as the safe place to park money. That idea has cracked open like an egg. When a government borrows more than it collects in taxes, it has two choices. It can cut spending, or it can create more currency units to cover the gap. Most governments choose the second option. Creating more currency units makes each existing unit worth less. The paper promise of a bond is still there, but…
- THE ECONOMIST COVER ASKED IF BONDS WILL BLOW UP. THEN YIELDS FELL: Washed Out Price And Sentiment, Fear Propaganda Gets Them Onto Right Side & Rest Paralyzed Into Inaction Creating Only A Few Winners!
The Economist put “Will bonds blow up?” on their recent cover, with a pressure gauge and a red warning. The metadata on the site shows when that cover went live. Amazingly, the 10-year yield, on the chart next to it, had peaked and was already rolling over. They couldn’t have timed it more perfect. Or could they? That is the question worth asking. Is a cover this loud, at a moment when yields peaked and are beginning to fall and the dollar is starting to fall with them, is it real information, or is it max fear placed where it will move the most people onto the wrong side? Magazine covers are…
- BOB MORIARTY | We’re about to enter the golden age of mining!
WATCH THE BOB MORIARTY INTERVIEW HERE ! Description Bob Moriarty returns to the Metals and Miners pod on 10/16 with a direct assessment of the current market environment, geopolitical risks, and the mining sector. He argues that a significant equity market decline is already underway, driven by extreme concentration in a handful of technology and AI-related stocks, while simultaneously highlighting what he describes as the greatest opportunity of his lifetime in hard assets and mining companies. Moriarty discusses the combination of inflation in essential goods and potential deflation in real…
- EVEN A $300,000 SALARY IS PAYCHECK TO PAYCHECK FOR MANY PER GOLDMAN SACHS: 36% of High Earners Can’t Get Ahead, How Costs and Debt Catch Every Bracket & Why Mass Job Loss Turns This Into The GFC!
Evidently, a high salary these days is not an easy ticket out of living paycheck to paycheck. Not in this cost environment. A recent Goldman Sachs Asset Management 2026 retirement survey found that 36% of workers earning over $300,000 a year said they were living paycheck to paycheck. Read that once again. In the survey, that meant they struggle to save and find it hard to make progress on their long-term goals, not necessarily that the bank account is at zero. The shape of the answers is a U. Under $100,000, 42% said they were paycheck to paycheck. From $100,000 to $300,000, that share fell…
- DAVE COLLUM | There is no way out of this fiscal, debt and economic mess that doesn’t involve pain!
WATCH THE DAVE COLLUM INTERVIEW HERE ! Description Cornell professor and long-time market observer Dave Collum returns to the Metals and Miners pod on 10/15, for one of his most direct interviews yet. He explains why he believes markets are at maximum risk, why the multi-decade credit cycle that began in the early 1980s has ended, and why a long, painful adjustment is now unavoidable. Collum covers the AI bubble as only the top layer of a much larger set of bubbles (equities, private credit, private equity, and real estate), the implications of Kevin Warsh as the next Fed chair, the yen carry…
- PRICES ROSE 3.7%. GASOLINE DID 50% OF THE WORK: Reality = The Fed Cannot Print Oil, Higher Rates Will Not Lower the Pump Price & Why This Is a Supply Shock Sitting on a Debt Problem!
Yesterday’s inflation report says energy is driving the cost of almost everything else higher. Consumer prices rose 0.6% in September and 3.7% over the past year, the Bureau of Labor Statistics reported. Economists had expected about 3.6% for the year. Core prices, which leave out food and energy, rose 0.3% for the month and 2.6% for the year. Energy jumped 5.2%. Gasoline rose 9.1% in one month and accounted for about half the entire increase in the index. Over the past year, gasoline is up 34.2%. Fuel oil is up 74.2%. The Iran war that began in late February is still the main backdrop, and…
- CONNOR MESSLER | We’re seeing this massive demand for uranium that because of short supply, isn’t reflected in the term price!
WATCH THE CONNOR MESSLER INTERVIEW HERE ! Description Connor Messler, President of Gamma Resources, a U.S.-focused uranium exploration and development company, joins the Metals and Miners pod on 10/14 to break down the structural supply constraints facing uranium, the accelerating demand driven by AI data centers, small modular reactors, and energy security concerns (including the impact of geopolitics and the Strait of Hormuz), and why domestic supply chains matter more than ever. Connor shares his optimism for the sector, discusses Gamma’s Mesa Ark project in New Mexico and Green River…
- MINEVANTAGE EXAMINES A HIGH-CONVICTION GOLD DEVELOPER THE MARKET STILL DISCOUNTS: It Beat the Junior Index, Cash Is Not the Immediate Problem & Why Dilution Is the Bill You Cannot Skip!
This piece uses MineVantage, the Metals and Miners mining stock research app, to break down a development-stage gold company that everyone should be looking at. MineVantage is in BETA right now and access is for Founders-level subscribers only. If you want in, upgrade at metalsandminers.substack.com/subscribe . MineVantage calls this one high conviction and high risk. That pair can be viewed as the whole story. The shares have a bullish technical profile. They have outperformed the junior gold miner index by a wide margin over the past year. They still trade at a steep discount to peers on…
- WHAT GOLD PRICE COVERS A $40.3 TRILLION DEBT? Now $7,700 For 5% Coverage, $77,000 For 50%, How Coverage Is Now At Historic Lows & Why Judy Shelton’s Arrival At Treasury Could Usher In The Golden Age!
What is the gold price that would be needed to cover today’s U.S. debt load with the gold America already holds? That is the question. Official gold reserves are about 261.5 million fine troy ounces. Now, let’s set that against about $40.3 trillion of debt, that is growing very rapidly. Here is some math: About $7,700 gold is needed to cover 5% of the debt. About $77,000 gold is needed to cover 50% of the debt. About $154,000 gold is needed to cover 100% of the debt. And that is if the debt doesn’t rise one more penny from here. Those are not forecasts. That’s math. The same ounces, booked on…
- EUROPE’S SIGNIFICANT PROBLEMS ARE A SHIELD FOR U.S. MARKETS: Bond Stress, Unrest, and No Euro “Safe” Asset, How Capital Is Fleeing to the Dollar & Why That Lowers Near-Term U.S. Crash Risk!
Europe is carrying major economic, debt, and political risk right now. That is uncomfortable for Europe and it is helpful for U.S. markets. Bond markets across the European continent are strained. France is the loudest case, and the stress is showing up in the streets as social unrest in various places. It is more likely to spread than to shrink. Governments are not going to deliver real austerity while younger people are already in the streets. They will keep spending. Spending means more debt. Capital that sits in European stocks and European bonds does not have to stay there. It can leave…
- MICHAEL HOWELL | Always buy the dip in monetary hedges in a monetary inflation environment like this!
WATCH THE MICHAEL HOWELL INTERVIEW HERE ! Description Michael Howell, founder of GL Indexes and author of Capital Wars, returns to Metals and Miners on 10/12, to break down the current cycle, the explosion in global debt issuance, and why monetary inflation—not a classic financial crisis—is the most likely path ahead. He explains why debt must be monetized in a credit system, how AI capex and the post-COVID maturity wall are adding pressure, and why gold and other hard assets remain essential long-term hedges even if they face near-term volatility. Howell distinguishes monetary inflation…
← All trending finance newsletters
Data: Substack public leaderboards and publication archives, refreshed nightly, plus public beehiiv sitemaps and recommendation pages, refreshed weekly. Source for this page: Metals and Miners. Subscriber counts are Substack’s own rounded public figures, so week-on-week changes move in steps. beehiiv audience sizes are self-reported by the publisher and are not verified. Last snapshot: Oct 21, 2026.