Jordan Rusche, founder of Mining Stock Monkey, joined me on the show, In It To Win It, to break down what's really happening in the commodity markets and where the biggest asymmetric opportunities might be right now.
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Recording Date 4-07-2026. We discussed his disciplined approach to investing, how he evaluates mining companies, and why understanding risk is more important than chasing returns. I also asked him about preparing for black swan events, and he explained why having conviction in your holdings and keeping cash on hand can make all the difference when markets turn volatile.
We then dove into gold stocks, royalty companies, and some of the most talked-about names in the mining space, with Jordan sharing why valuation risk is increasing despite strong commodity prices. He explained why he prefers royalty companies for better downside protection, how he views opportunities like Royal Gold, and what risks investors may be underestimating in large mining projects. Toward the end, we explored macro developments including oil shocks and geopolitical tensions, and Jordan shared his perspective on how these could impact markets. He also surprised me with his take on certain big tech companies now starting to look like long-term value plays.
Key Insights in this episode
✅ Investors should only hold assets they are confident keeping during market crashes
✅ Holding 20 percent cash allows aggressive buying during major drawdowns
✅ Gold miners carry significant downside risk when gold prices correct
✅ Royalty companies offer better risk-adjusted exposure than traditional miners
✅ Oil markets may be severely underpricing supply shocks and geopolitical risk
✅ Large tech companies are starting to resemble long-term value investments
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Chapters
00:00 Mining Stock Monkey Joins The Show
01:52 Black Swan Strategy And Long Term Holds
03:57 Ideal Cash Position In This Market
05:34 Newmont Vs Agnico Eagle
08:59 Ero Copper And Xavantina
11:08 Royal Gold Valuation On Trailing Numbers
13:11 Royal Gold Debt Risk And Peer Comparison
18:30 Hod Maden Sale Scenario And Bear Case
23:39 Royal Gold Stink Bid Price
28:02 Origin Altius And Lithium Royalty Value
31:11 Lundin Gold, Lundin Mining, And Lundin Royalties
35:49 Non Mining Sectors And Tech Opportunities
42:19 Iran Oil Strait Of Hormuz
47:51 Mining Stock Monkey Offer
51:17 Premium Interview Teaser
DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.
WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.
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