Winston Wolfe

Proof that #Silver is entering a long term bull market. (2025 UPDATE) A thread. 1) Firstly the price action is very positive. Silver has closed the week above $35.50/oz for the first time in 14 years. A second weekly close above this level will confirm a breakout. #silversqueeze

Both Shell and BP materially higher now!

M2 money stock and the total US Federal debt has broken down relative to the price of gold. The last domino left is stocks. When stocks start to breakdown when priced in gold, expect late 70's style moves in the metals.

Condoryacu & Oculto combined could be massive.

AbraSilver Resource Completes Condoryacu Acquisition; Intersects 72 Metres Grading 18.7 g/t Gold, 117 g/t Silver and 2.06% Copper from Surface $ABRA.TO tinyurl.com/yt6vzpfo

Focus Graphite Initiates WSP-Led Dam Break Study at Lac Knife, Advancing ESIA Toward Completion $FMS.V tinyurl.com/282wma9w

Oil is going to $150 per barrel just off supply disruption from under investment, now through in two simultaneous wars around key energy infrastructure. $150 per barrel becomes the floor.

Powell out in May. Warsh in. Market is pricing hikes. New chair may cut. The wildcard nobody's discussing: what if the Fed pivots just as inflation re-accelerates? One transition. Two completely different outcomes. $SPY $TLT

Gold is starting to outperform stocks again...

The President of the United States: “I am gold guy, you can't imitate gold.”

Stagflation is written all over this move today. Gold decisively decoupling from overall equities and rising in step with oil and other hard assets. So much for the liquidation narrative — it’s gone completely quiet now. Don’t believe everything you read. Metals remain supply-constrained, historically underowned relative to financial assets, and deeply undervalued in a world where neutral assets are in high demand as governments rush to build critical mineral reserves. The defining difference from the 1970s? A Fed with no real capacity to raise rates. Game on for hard assets. open.substack.com/pub/tavicosta/…

BREAKING: HEAVY WATER REACTOR HIT IN AN ATTACK IN CENTRAL IRAN, MEDIA REPORTS

Gold around ~$4,437/oz. If inflation was “dead,” gold wouldn’t be priced like a crisis asset. Either markets don’t believe central banks… …or they don’t believe governments can fund themselves without it.

@FT No.

Can Dubai bounce back from the war? ft.trib.al/qesVVbR

Crude below $100/barrel is ridiculous when stuff like this is going on.

This will actually help keep oil prices higher...

If there has ever been someone less deserving of this honour, its Sadiq Khan.

ECB President Lagarde: We haven’t even begun to realize the magnitude of this shock from the Gulf #MacroEdge

Some countries will go dark.

*TURKEY SOLD OR SWAPPED 58 TONS OF GOLD IN 2 WEEKS TO MARCH 20 And that's why gold plunged