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The David Lin Report · Wednesday, August 12, 2026

Oakley: Silver's 215% Surge Led to Profit-Taking

Ted Oakley explained that his fund took profits from silver when it surged 215% in 12 months. He believes gold will perform well in the latter half of the year and mentions re-entering positions in royalty companies and select miners.

personTed OakleycompanyFranco NevadacompanyEquinox

The tape

3 quotes
Well, I think you had a double, you know, silver when it went to 215% in 12 months. And so when you have something move like that, you have to take it, you know, because it's a commodity.
Ted Oakley
And chances are, I think you can still buy it at 4,300. I think gold is going to do well in the last half of the year. But on the miner side, you know, we bought, we went back into the royalty companies, Franco Nevada, uh, you know, we had heckle like I said on the silver miners side.
Ted Oakley
We went back in, uh, we bought, uh, bought a little company, um, called Equinox selling it at five and a half times earnings, 27 earnings. And that company is still a great buy.
Ted Oakley
Heard on The David Lin Report — “Biggest Market Shift Now: ‘You’re Making A Mistake’ Ignoring These Assets | Ted Oakley, published Wednesday, August 12, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.05
Oakley: Silver's 215% Surge Led to Profit-Taking — Heardvine