Precious metals are finally breaking out relative to equities.
For the past year and a half, precious metals have done exactly what real bull markets are supposed to do: they’ve rewarded patience, punished disbelief, and steadily rotated leadership toward risk.
Base metals are entering a brand-new primary uptrend.
This entire year, we’ve been pounding the table on one idea: investors are wildly underestimating the structural shift unfolding inside base and industrial metals.
A fresh rate cut ignited risk appetite everywhere, and the momentum is feeding on itself.
Markets finally got the catalyst they’d been waiting for.
The Federal Reserve cut rates yesterday, and the reaction was immediate: shorts scrambling, risk assets ripping, and a full-blown squeeze that’s only accelerating today....
