On today’s episode, Clay Finck brings back Tavi Costa to chat about the beginning of a commodity supercycle. Tavi gives a masterclass in why we are just in the beginning phases of a bull market for gold, silver, and hard assets like commodities.
Tavi is a partner and portfolio manager at Crescat Capital. His research has been featured in financial publications such as Bloomberg, The Wall Street Journal, CNN, among others.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro.
03:31 - Why Tavi believes we’re just at the beginning phases of a bull market for gold, silver, and hard assets like commodities.
09:47- When the next wave of inflation may strike.
21:21 - What the 4 pillars of inflation are, and why they all point to structurally higher inflation going forward.
21:44 - Why the S&P 500’s earnings are likely to roll over and decline in the near term.
37:40 - Why yield curve inversions are bullish for gold relative to equities.
51:09 - Why foreign countries are selling US treasuries to buy gold.
83:19 - Where Tavi sees asymmetric opportunities in the gold mining industry.
83:27 - Why Tavi is bullish on Brazil and sees Brazil much differently than the other BRICS nations.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Check out Crescat Capital.
- Check out our newly released TIP Mastermind Community.
- Check out our recent episode covering the 2023 Berkshire Hathaway Shareholder Meeting or watch the video here.
- Follow Tavi on Twitter.
- Follow Clay on Twitter.
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