The tweet was deleted by the author.
But we saved everything 🙂.
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, points out that the mining industry comprises only about 1% of the entire global equity market.
Costa questions whether this share might increase to 2%, 5%, 10%, or even 15–20% over the next decade but sees it as unlikely to fall below the current 1% level.
View post on X Loading...
Costa has previously highlighted gold’s enduring role during periods of monetary change, noting its status as “true money” in commentary on a major monetary gap closing. He has also observed agricultural commodities rising above two-decade resistance levels as diesel prices and mortgage rates increased, detailed in recent analysis. These observations reflect Costa’s focus on structural shifts within real asset markets.