The Stealthy Silver Bull Market
Plus what to do with SoFi and the Big Tech nuclear deals ...
In this weekend edition of Stock Picker’s Corner (SPC) …
The “stealth bull market” that leads to $300 silver by 2030.
What to do after SoFi Technologies Inc. SOFI 0.00%↑ shares crossed $10.
And the power of nuclear energy in the artificial intelligence (AI) era.
🪙Silver’s Quiet Ascent
One of the first interviews shared with our readers was with Peter Krauth, publisher of the Silver Stock Investor and author of The Great Silver Bull.
And for good reason …
Silver is for Wealth Builders, and we’re seeing that play out this year with what Peter recently referred to as a “stealth bull market” for both silver and gold:
But that’s just a “taste” of what to expect.
Peter recently said he’s “near-term cautious” because silver and gold have had hot runs (gold just topped $2,700 an ounce). But the industry veteran believes we’ll see $300 silver by 2030, a move of 837% higher from its recent price.
There are a few reasons why he believes this, which you can find out in more detail in our free report below.
Chief Stock Picker Bill Patalon is also catching up with Peter over the next few weeks about where we’ve been, what’s ahead for silver investors in 2025, and the “triggers” that will eventually take silver to that $300 target.
That interview will hit your inboxes and will notify those on the Substack app soon.
💸SoFi’s Flight to $10
In our “Desert Island Stock Challenge” from July, Danny Brody, venture capitalist and publisher of The Net Worth Club, made the bold prediction that SoFi would trade for $10 by year’s end.
This week, shares crossed that $10 mark as SoFi announced a $2 billion loan from New York City-based management firm Fortress Investment Group. The loan acts as not only reassurance about SoFi’s lending business but also serves as an opportunity to expand loan offerings and generate income fees.
Although Danny’s prediction arrived early, anyone who followed along didn’t mind:
✅SoFi Closing Price Day of the Published Interview (July 3): $6.52
✅Gain at $10: 53%
When I caught up with Danny and asked him “what comes next” for folks who have been following along or are considering SoFi as an investment, here’s what he told me:
“It’s overbought here for now, but I still think it’s fundamentally undervalued and will be heading to $16. I’d sell in this overbought territory now but would buy back on weakness.”
He said for those who are now up around 50% since he made that prediction, he would also consider selling a partial amount of the position (30%-50%) so you can pocket some gains but still own some shares.
We have long-term outlooks at SPC, but as Danny highlighted, when shares run up so high and so fast, it’s prudent to consider taking some profit off the table.
If you’re interested in SoFi for your own investing research, we have a quick overview here.
✔️Powering AI Ambitions
To feed AI’s always-hungry appetite for power, companies are lining up for nuclear power deals.
Alphabet Inc. GOOGL 0.00%↑ signed an agreement with nuclear energy startup Kairos Power for the construction of seven small nuclear-power reactors.
Some are calling these smaller reactors “the future of the nuclear power industry” because they can reduce construction costs and start operating faster than larger plants.
Then on Wednesday, Amazon.com Inc. AMZN 0.00%↑ announced an agreement with Dominion Energy Inc. D 0.00%↑ to develop small reactors in Virginia.
This all comes on the heels of Microsoft Corp. MSFT -0.09%↓ signing a 20-year agreement with Constellation Energy Corp. CEG -2.26%↓ to restart the infamous Three Mile Island nuclear plant for its data centers.
The reactors won’t be delivered to Google until 2030 at the earliest, and Constellation could be four years away from restarting the nuclear plant for Microsoft.
But this all plays into the AI Era storyline we’ve been sharing, as tech companies see the dollar signs ahead and want to be prepared: Precedence Research forecasts the global artificial intelligence market will surge from an estimated $454.1 billion in 2022 to a projected $2.5 trillion by 2032, with growth of 19% annually from 2023 forward.
And to help you get out in front of all the “power plays” in AI, we compiled a list of seven stocks to kick-start your own investing research.
Take care,
