“We’re on the Threshold of the Mother of All Resource Bull Markets” says Pro Speculator John Kaiser

In this episode of Mining Stock Education, host Bill Powers welcomes back John Kaiser of Kaiser Research to discuss the current state and future of the junior resource sector. Kaiser asserts that we are in the early stages of a 'mother of all resource junior bull markets' spanning three to five years, with gold prices potentially reaching $7,000 and critical metals like tungsten and scandium seeing massive demand due to geopolitical tensions and supply chain fragility. Despite a recent lull in momentum after a strong January rally, Kaiser remains bullish, emphasizing that most junior mining companies are still 'moored at the dock' and poised to surge as market confidence grows. He shares his investment strategy—focusing on small-cap, under-the-radar juniors with strong exploration potential, particularly those with feasibility studies or promising discovery prospects—and highlights the importance of disciplined rotation, storytelling, and avoiding life financings that flood the market with cheap paper. He also reflects on past cycles, including the rare earth boom, and warns of a fragmented global trading system between the Global East and Global West, which could sustain long-term demand for domestic resource development in North America. Kaiser underscores the need for deeper exploration using advanced geophysical and geochemical techniques, as surface deposits are exhausted. He favors hybrid prospect generators that drill scout holes and values management teams that are competent but under-promoted. His Substack platform serves as a low-cost, organic audience-building tool to spotlight early-stage companies without conflicts of interest. The episode concludes with a strong warning about the extreme risks in mining stocks—where 10x returns are possible but so are total losses—emphasizing rigorous due diligence, emotional discipline, and the importance of not falling in love with any single stock. Overall, the tone is cautiously optimistic, grounded in macro trends, and deeply committed to education and integrity.