February 2026
Vol. 5, Issue 2
By Tom Dyson
Has anyone tried to sell any physical precious metals in the past week? I’d love to hear from you…and hear about your experience. I specifically want to know what discount the dealer offered you and if you noticed any other customers trading gold and silver. If so, were they buying or selling?
If you don’t want me to republish your message, just let me know. And if we do republish your message, we’ll keep you anonymous, as we always do. Please write to me at research@bonnerprivateresearch.com.
Twice before in my life I’ve had in my grasp life-changing profits from an investment that was heading into orbit. Both times I blew the opportunity to make millions of dollars by selling too soon.
This precious metals bull market is the third opportunity for me. And I’m not making that mistake again.
So in a way, I’ve been preparing for this moment for my whole life. Over the last ten years, I’ve told everyone who’d listen to buy gold and silver, including my parents, my brothers, my cousins and my friends, and of course my readers.
(My friends and family are all on the distribution list of this newsletter.)
One time, we were in China, visiting Zangye National Park in the far west of the country. We shared a private tour with two local tourists. One of them spoke a little English and had just begun to trade stocks. On the long journey home, I explained the gold thesis to her, which she quickly grasped. This was in 2019. I like to imagine she later made a great profit in gold. There have been many other similar stories over the years.
I know I’m vulnerable to selling too soon. So when I built my gold and silver trade this time, I took precautions that would make it incredibly difficult for me to sell my metals too soon. Which means I’m a forced holder at this point…destined to ride this bull market all the way.
It’s Ride or Die for me.
That said, I couldn’t fault anyone for trimming a few ounces at current prices, to lock in some profits and reduce some volatility. Market sentiment is white hot at the moment… and I’m bracing myself to expect anything next, including a 50% draw-down or another doubling. It’s impossible to know.
Last week we took profits on half our position in SLVR, the hybrid silver bullion and silver mining stock ETF we added last summer. We’d doubled our money in six months, so now we can let the other half ride with no risk.