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  • January 22, 2026

Avino Silver & Gold Mines: Transformational Growth from a Trifecta of Mexican Assets

Peter Krauth and Ted Butler

Peter Krauth and Ted Butler

Dear Silver Advisor reader, -Ted Butler, Senior Analyst Founded in 1968, Avino Silver & Gold Mines (TSX/NYSE: ASM; FSE: GV6) delivered a standout return in 2025, to the point where it commands a market cap around ~US$1 billion today. In part, this growth was buoyed by silver’s rise from $30...

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I loved your book, Jeff. Well done. I have been a stacker for ten years now and only started the mining stocks the past year and why I enjoyed your book. Peter’s Silver Bull was also great as well. My son and I follow you all and your podcasts. Thanks again.
– Nick B
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Watched all your presentations and interviews in Metal Investor Forum. My investment portfolio on commodities are bearing fruit after reading your newsletters for many years. Thanks again.
– Seh N
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The guidance from the newsletters is truly priceless. I began my journey with the Gold Advisor two years ago and I can tell you that the realized gains this year have been very substantial and I believe the best is yet to come when the market gains recognition from the retail investors. If it were not for the bundled subscription I would not know where to begin this investing journey. I also found reading Jeff’s book “Paydirt” to be very helpful in gaining a understanding of the mining and metals industry.
– Larry F
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There are few people in the gold mining space with the honesty and integrity as Jeff Clark. Highly recommended!
– Aaron G
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Dear Peter, dear Jeff’s two X, First of all, thank you very much for your professional, enthusiastic, and at the same time insightful work. I’ve been reading your articles for about two years now and I’ve noticed and continue to notice how good you are in my portfolio. What do I mean by that? Until now, I was used to searching for, evaluating, and then buying the smaller explorers myself. Since I’ve been on your site almost every day, and my risk portfolio now consists of about 40% of the stocks you present and manage, it’s a sign of the quality you deliver, and I’m happy to add it to my portfolio. You fulfill three important points of my assessment of “other opinions and research”: 1. You are invested in your stocks yourself, some more than others, but still invested! 2. It’s transparent that you receive money from some of the miners for your work, and if not more, then it’s also transparent and fair! 3. You have tremendous knowledge, great enthusiasm, dedication, and a very good information-gathering base. I greatly appreciate all of this from afar in Germany!!! So: please stay healthy and hopeful for a long time to come and keep it up!!! Warmest regards from Hamburg, Bernhard M. p.s. this email says it all:)
– Bernhard M.
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Your service is definitely a bargain compared to many others! Thanks so much for the quick and informative replies!! I love your site, very helpful!
– Matt B.
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Hi Jeff, It’s been about four years since our last contact when you were with Mike. I have stuck with your resolve over this time in that gold and silver were the future in wealth creation. Thanks to you I will be able to retire. When time avails I shall seek your audience to thank you personally. With all my gratitude,
– Dave C
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Thanks to you and your invaluable insight! I’ve almost doubled my portfolio and the year’s not over, there’s a whole quarter left to reach my goal of 100%! I have decided to buy a new car, to reward myself for making this my best year ever.
– Jordan S.
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Hi Jeff ( and team)! A personal note to say thanks for the outstanding service that you provide! I’m very grateful for the educational experience, the opportunities that you present, and the expertise your team shares regarding the “art of investing in mining companies ”! Just top notch!! You’ve given me sooooo much incredible knowledge and insight to make informed decisions and the ability to choose great opportunities, and my hope is that I can reciprocate in some small way! Thank for all you do!!
– William L
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Thanks so much and I really appreciate your coverage of things. I’m starting to make some real money and you/Jeff Clark are big reasons why. Sincerely and with thanks,
– Jeff D

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