From the desk of Ricardo Sarraf, @nullcharts

Sibanye Stillwater $SBSW has been in a deep slumber. It’s a $4.0B mining stock from South Africa.

But when SBSW wakes up, we take notice. 

The gold bugs are getting louder.

And frankly, they should be. The weight of the evidence is stacking up in their favor.

We’re not just talking about price action here, although that’s been impressive on its own. 

The...

We're in New Orleans this week, surrounded by some of the smartest minds in finance at our Portfolio Accelerator event. 

The food here is incredible...

Miners are leading the charge in 2025, and the data backs it up

It’s not even close...

In a year when most sectors are struggling to stay afloat, precious metals and the miners are surging higher.

We're amidst an epic bull market for precious metals. And while gold and silver get all the headlines, we think Palladium could end up being the sneaky outperformer in this cycle.

We laid out the case in February:...

Do you remember when The Economist magazine cover had a rocket ship covered in United States dollars last year?

They said the United States was ...

Gold miners keep squeezing higher.

Why the short sellers are betting...

Gold Miners are ripping in 2025 as Gold futures continue to print fresh all-time highs.

Here's how the year has played out so far:

• The S&P 500 is down 8%
• Bitcoin is down 9%
• Bonds are flat
• Silver is up 12%...

The publicly traded markets around the world are experiencing some of their most volatile periods ever.

Since its February peak, the S&P 500 has declined by over 20%. 

Meanwhile, Gold has shown a tremendous amount of relative...

The Gold and Silver Miners have been on fire.

Today is the final trading...

In case you missed it, we're amid a raging precious metals bull market.

Gold miners are playing...

Silver is squeezing higher to new multi-month highs and looks poised to climb higher...

While U.S. equity investors are panicking, the Gold Bugs are riding powerful uptrends. It's a fantastic time to own shiny rocks.

Yesterday, we discussed the...

We hope everyone enjoyed this precious metals bull market's first-anniversary last...

This precious metals bull market will turn 1 year old on Tuesday.

Can you believe it? 

Gold futures resolved a multi-decade basing pattern on March 4th, 2024.

We've had a blast riding the shiny yellow metal higher and made a ton...

We've been discussing the odds favoring shiny rocks outperforming stocks for the...

In true commodity supercycles, shiny yellow rocks outperform stocks.

Last week, we outlined why we thought buying gold and selling stocks was a good idea. If you haven't had a chance, you can...

Gold futures keep screaming higher to new all-time highs.

It has also...

Last week, we discussed gold closing at its highest price in years relative to the broader...

We're in New York City for the Portfolio Accelerator this week, which has been tremendous.

This morning, we led a discussion about metals, bonds, economic data, and much more. Paul Ciena, the chief technical strategist at Bank of America,...

Participation has been expanding in the commodities markets.

We've nailed trades in natural gas...

As precious metal investors, it's paramount to rotate between the metals themselves and mining companies to maximize our long-term gains.

The miners have historically treated shareholders poorly, but sometimes, it pays handsomely to own them....

If you're bullish on gold and silver mining, it's time to BUY BUY BUY.

Gold was the best-...

People keep telling us, "2024 was the year of artificial intelligence." 

That's bull shit, and we have the data to prove it. Last year was a year for the gold bugs. 🥳

Here's an overview of how each asset class performed in 2024: