WPM: A Way to Play Gold and Silver Without Owning the Metal

Gold is breaking out. Silver is starting to follow. And Wheaton Precious Metals (WPM) is up more than 50% year to date.

In this video, I explore:

What makes Wheaton different from traditional gold miners

How the streaming and royalty model works—and why it’s capital efficient

Why silver lagging gold could be key to understanding WPM’s next move

Why I think this name could provide asymmetric upside in a late-stage metals bull market

The risks of over-allocating to an asset that’s already moved—but still behaves with meaningful convexity

This isn’t a mining stock. It’s not bullion. It’s something in between. And in this macro regime, that distinction matters.

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⚠️ Disclaimer:
This video is for informational purposes only and does not constitute financial advice. Always do your own due diligence before making investment decisions.

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