b4b

[Otavio (Tavi) Costa @TaviCosta]

Game on.

@wmiddelkoop

[Otavio (Tavi) Costa @TaviCosta]

The Metals and mining ETF broke out today.

Copper miners are leading the way with copper itself now entering what looks like a true price-discovery phase.

Also worth noting that the ETF below includes several steel producers as well.

Overall, this is a very constructive development for the industry in my view.

https://t.co/u4CIp7K2HH

[Otavio (Tavi) Costa @TaviCosta]

Call me old school, but this scares the crap out of me.

None of us own enough hard assets.

https://t.co/OIJkJCSZcI

[Otavio (Tavi) Costa @TaviCosta]

Gold is sitting right at its 200-day moving average.

Yes, the last time we were here turned out to be a great buying opportunity…. but I try not to get too fixated on technical levels alone.

What stands out to me is how dramatically sentiment has shifted.

Just a few months ago, gold was one of the market’s favorite trades.

Today, it feels almost completely forgotten.

Not to steal from Buffett, but I'm starting to get greedy while others are becoming fearful.

https://t.co/P4sfxoqBM9

[Otavio (Tavi) Costa @TaviCosta]

Lots of noise today.

I would keep an eye on this comment from Hassett instead.

Watch for rate cuts and a sharp reversal in the prevailing narrative.

[Willem Middelkoop @wmiddelkoop]

You can expect a very violent move after a breakout from a 35-year trend like this .. (like what happened when silver finally crossed $50)

[Willem Middelkoop @wmiddelkoop]

Great chart by @TaviCosta

Classic breakout en pull back (goodbye kiss)

The next phase could bring the real (revaluation) rally for (gold) miners

[zerohedge @zerohedge]

Trump confused why stocks are down

[Willem Middelkoop @wmiddelkoop]

Trump Post

[Willem Middelkoop @wmiddelkoop]

Work!

[Otavio (Tavi) Costa @TaviCosta]

Mining companies today are generating the largest profit margins of any sector in the global economy by far.

Much of the market remains asleep and still analyzes mining through an outdated framework from decades ago.

To be clear:

Miners today are producing profit margins nearly double those of tech companies.

At current metal prices, this environment is absolute nirvana for well-run mining businesses.

https://t.co/rRpQ7qqZ5H

[Willem Middelkoop @wmiddelkoop]

Discussed to risks of a coming Sovereign Debt Crisis with CNBC this morning …

Bond investors are clearly asking for a risk premium nowadays

Witnessing the end of the ‘risk free bond investments’ era

[Willem Middelkoop @wmiddelkoop]

‘The Thucydides Trap’?

Smart, real smart move by Xi

[Willem Middelkoop @wmiddelkoop]

Rumors that some Gulf States are selling treasuries, while buying gold and silver ..

[Willem Middelkoop @wmiddelkoop]

US gov plan ‘to secure uranium supply’

Now 40% of all uranium comes from Kazachstan, and less than 1% from the US itself

[Otavio (Tavi) Costa @TaviCosta]

Precious metals surging.
Mining stocks moving higher.
Agricultural commodities breaking out.
Oil at $100.
Natural gas likely bottoming.

They’ll tell you it’s all just a coincidence.

It’s not.

https://t.co/aKdsPWhjGN

[Otavio (Tavi) Costa @TaviCosta]

What a remarkable reversal in the miners today.

Junior miners turned positive and the senior producers quickly followed.

It’s astonishing to see investors continue selling this industry after strong inflation data, when logically the response should be the exact opposite.

The Fed cannot repeat the 1970s playbook today without blowing up the most leveraged financial system in history.

Welcome to an unhinged inflationary era.

Game on.

https://t.co/Ljlw1vel3b

[Silver Santa @Silver__Santa]

I expect a melt-up in the coming months. Extreme money printing does just that. Everything goes up, as fiat falls. Hard assets will do best. Particularly #GOLD and #SILVER.

[Markets & Mayhem @Mayhem4Markets]

gm 😂

[Otavio (Tavi) Costa @TaviCosta]

What a move in silver.

Game on.

We are in a structurally higher metal price environment driven by decades of underinvestment, constrained supply growth, and a global macro environment that continues to favor hard assets.

Markets are still very slow to fully appreciate this shift.

https://t.co/2Srxp6mndM