Hard Assets vs. Financial Assets in a Multipolar World 2026 Coal $CNR +33% Oil & Gas $XOP +33% Natural Gas $FCG +27% Gold $GLD +16% Uranium $URNM +16% Silver $SIL +13% Copper $COPX +6% Nasdaq $QQQ -3% Mag 7 $MAGS -9% Banks $KBWB -10% Bitcoin $IBIT -19%
Hard Assets vs. Paper Certifices Gold > Nasdaq 100 since Q1 2018 *Up against bonds? $GLD +289% vs $TLT -4%. Bloomberg terminal data.
These things will happen next… $BTC will bottom at $62k-$60k. $SPY will crash -14% bottoming at $620 by the end of May. Rotation into Space, Drones & Energy happens during the crash. $GLD & $SLV will go higher around June. $TSLA & SpaceX announce a merger. Bookmark this…
2026 Nat Gas $UNG +38% Oil Svs $OIH +22% Copper $COPX +18% Silver $SLV +17% Brazil $EWZ +17% Uranium $SRUUF +16% Coal $COAL +13% Gold $GLD +12% Global Value $GVAL +11% Palladium $PALL +6% Platinum $PLTM +4% China $KWEB +4% Mag7 $MAGS +0% Bitcoin $IBIT -4% Software $CLOU -9%
Got Silver? YTD 2025 Silver $SLV +102% Gold $GLD +59% Bitcoin $IBIT -3% *Silver XAG new highs vs. XAU gold, nearly a 6-handle on the ratio. Bloomberg Terminal Data https://t.co/twGoRhDq5d
Last Decade Largest Drawdowns Nvidia $NVDA -68% (2022) and -57% (2018) Gold $GLD -22% (2020 to 2022) Bloomberg data.
Bitcoin $IBIT is definitely in the start, adding zone vs. reducing $GLD gold—too many pumpers at the highs @saylor vs. crickets at the lows. https://t.co/HuVsfUGkz5
Since November 2024 The Era of Fiat Currency Debasement? Silver $SLV +65% Platinum $PLTM +65% Gold $GLD +54% Nuclear $NUKZ +51% Copper $COPX +48% Palladium $PALL +38% Bitcoin $IBIT +0% MicroStrategy $MSTR -60% *Bloomberg terminal data.
Trend Break Alert $SLV vs. $GLD 2025 Silver Names Destoying AI Plays $SILJ +139% $SIL +121% Nvidia $NVDA +43% Oracle $ORCL +41% Mag 7 $MAGS +22% Amazon $AMZN +12% Facebook $META +5% https://t.co/uHjJKb74JM
play out the idea of commodities becoming a 0dte levered derivative a la SPX $GLD -1.3 mm contracts traded in total -288k of those 0DTE (today opex) -576k of those this weeks expirations
$GLD vol soaring https://t.co/IxsST1tIMM
@Alpha_Ex_LLC Bloomberg data Platinum $PLTM +80% Silver $SLV +67% Copper $COPX +63% Gold $GLD +53% Uranium $URNM +52% PALL $PALL +49% Nvidia $NVDA +38% Mag7 $MAGs +18% Bloomberg data Chart h/t @albertedwards99 https://t.co/Sjy2y7m9r5
@Alpha_Ex_LLC "On $GLD, 2-month implied volatility has gone from 15 to 18 over the last 2 months, even as realized vol has fallen from 15 to 13. This is not about how the option is carrying (ie, implied vs realized). It is simply about one-way demand for options." via @Alpha_Ex_LLC
Since July 2024 Gold $GLD +50% Platinum $PLTM +37% Silver $SLV +32% Palladium $PALL +19% Apple $AAPL +0% *We haven't seen anything like this since the 1980s.
Hard Assets vs. Financial Assets 2025 Silver Miners $SIL +72% Gold Miners $GDX +71% Nuclear $NUKZ +49% Rare Earths $REMX +41% Metals $XME +40% Gold $GLD +29% Coppe Miners $COPX +22% Stocks $RSP +5%* vs. Software $CLOU -9% *S&P 500 Equal Weight -1.5% since November. https://t.co/HR1evpX4vp
Since December Platinum $PLTM +40% Palladium $PALL +28% Gold $GLD +28% Silver $SLV +20% Mag7 $MAGS -3%
