Potential Narratives:
1. The Fed truly pauses and starts to ease, creating easier money conditions, money printing
2. Election year may be bullish for assets, metals have lagged
3. De-dollarizing theme globally is favorable for metals
4. More global conflicts potentially could cause more US debt, which favors metals
5. Weakness in the economy can cause metals to outperform even on the downside
We love our stories and narratives. Emotionally it helps us understand the "why" something is happening. Metals have underperformed stocks, bonds, and real estate for years now. It wouldn't take but a few breakouts to get a trend started in metals. Gold is already at all time highs. Silver has more work to do. With more debt on the horizon and the world unhappy with each other, the case for precious metals as a store of value makes more and more sense.
In the past, bullish runs in metals lasted for 8-14 years. If we say the current trend is a bull run, and we say it started in 2020, then we still have many years to see the cycle play out. maybe til at least 2028?
Please feel free to add your comments and opinions below. cheers!
1. The Fed truly pauses and starts to ease, creating easier money conditions, money printing
2. Election year may be bullish for assets, metals have lagged
3. De-dollarizing theme globally is favorable for metals
4. More global conflicts potentially could cause more US debt, which favors metals
5. Weakness in the economy can cause metals to outperform even on the downside
We love our stories and narratives. Emotionally it helps us understand the "why" something is happening. Metals have underperformed stocks, bonds, and real estate for years now. It wouldn't take but a few breakouts to get a trend started in metals. Gold is already at all time highs. Silver has more work to do. With more debt on the horizon and the world unhappy with each other, the case for precious metals as a store of value makes more and more sense.
In the past, bullish runs in metals lasted for 8-14 years. If we say the current trend is a bull run, and we say it started in 2020, then we still have many years to see the cycle play out. maybe til at least 2028?
Please feel free to add your comments and opinions below. cheers!