2026-02-09 16:55:00
The market is moving fast and loud. Geopolitical tension, aggressive economic policy, and a rapidly shifting macro backdrop have set the stage for a pivotal time in precious metals. Gold and silver are making headlines, breaking records, and shaking the market.
In this month’s letter, we look at:
- Gold and silver’s explosive start to the year, new all-time highs, and what key price milestones lie ahead
- The “run it hot” economy, U.S. debt dynamics, and why gold is increasingly the world’s only true reserve asset
- Why mining equities remain undervalued, even after strong gains, as share prices still don’t reflect today’s metal prices
Despite volatility and sharp pullbacks, the long-term picture remains constructive, and the road ahead looks anything but boring.
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