Sean Brodrick – Chaos Is A Ladder - As Gold, Silver, Copper, Uranium, & Rare Earths Climb Higher
Summary
Sean Brodrick raises his long-term gold target to $10,000, up from $6,900, citing a faster 1970s-style setup fueled by de-dollarization, tariffs, and central bank buying.
He holds a $200 silver target and expects smaller gold and silver miners to leverage higher as upcoming Q4 earnings reveal record revenues.
Brodrick is constructive on copper demand from global growth, highlighting Freeport (FCX) and Taseko Mines (TGB) as recent winners for his subscribers.
He remains bullish on uranium and rare earths, citing Energy Fuels (UUUU) for its dual exposure and Western critical mineral supply chain support.
He frames the current commodity move as a supercycle, advising investors to treat any pullback as a buying opportunity amid ongoing geopolitical chaos.
Key points on Centerra Gold Inc
- Sean points to Centerra Gold as a smaller stock starting to outperform the majors and gold itself, saying it was up 11.5% as they spoke on January 20, 2026.
Key points on Endeavour Silver Corp
- Sean calls Endeavour Silver 'a rocket ride' for Resource Trader subscribers and says it was up another 6.4% that session.
Sean Brodrick's takeaways
- Top takeaway Sean argues the gold bull market is far from over, raising his long-term target to $10,000/oz (with a colleague eyeing $40,000+) and framing any pullbacks as buying opportunities.
- He frames the current setup as the most bullish gold regime in a lifetime, citing de-dollarization, central-bank buying, a possible Fort Knox revaluation, and a Trump-led trade war pressuring the dollar.
- Sean is bullish across commodities, calling the move a commodity supercycle and singling out copper (rising demand from electrification and air conditioning) and uranium/rare earths (government-funded non-China supply chains) as core plays.
- He argues small- and mid-tier miners are starting to outperform the majors and the metals themselves, and expects generalist money to flood in before February earnings as miner margins widen.
- Sean urges buying pullbacks in precious metals, citing roughly $4,500/oz as a near-term gold floor and noting $60 silver would be a buying opportunity, not a top.