As pointed out by Wall St Mav, Rare earth metals are NOT rare. Plenty of sources around the world.
95% of the refineries and smelters that process raw ore are in China. Even if rare earths are mined in USA, it all needs to be shipped to China. Issue is that trying to build a smelter in the USA or Europe seems impossible these days. The environment litigation would take years. Hence the scarcity issue. Source: CNBC, Wall St Mav
Gold is now above $4,000/oz, and who would’ve thought silver would remain this cheap relative to gold?
Source: Tavi Costa, Macro Trends
Goldman is raising their gold price Dec2026 forecast to $4,900 (prior $4,300)
Source: Goldman Sachs
Silver’s approaching the level that destroyed it twice
1980 → down 90% 2011 → down 71% Will it be the breakout of a lifetime or another déjà vu? Source: Katusa Research
gold just had its best monthly performance since August 2011...
Source: zerohedge
It's official.
Silver just reached its highest quarterly close in history. Source: Otavio (Tavi) Costa @TaviCosta, Bloomberg
A beautiful quarterly candles chart of silver
Source: Tavi Costa, Bloomberg
Gold was 21% of global assets in 1980. Today it's 5%
The financial universe got 4X bigger. Stocks, bonds, derivatives, crypto Sometimes the denominator is the story Source: Katsua Research
