Macro Strategy and Investment Insights by Tavi Costa
Money supply grows at fastest rate in 5 years, Otavio (Tavi) Costa notes
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, observes that money supply is currently growing at its fastest pace in 5 years. This development points to significant expansion in ...
Otavio (Tavi) Costa: Gold miners near 40-year support level
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights that gold miners are currently sitting at support levels not seen in nearly 40 years. He urges investors to consider this ...
Gold miners trade at record discount to S&P 500, Otavio (Tavi) Costa notes
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, observes that gold mining stocks are currently trading at one of their deepest discounts compared to the S&P 500 on record. He notes ...
Otavio (Tavi) Costa: Real yields reach two-year highs amid rising economic pressures
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, warns that real yields have climbed to two-year highs, putting mounting pressure on the economy. He suggests that breaking an economy ...
Fed hawkishness contrasts with ongoing government spending, Otavio (Tavi) Costa argues
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, questions the view that the Federal Reserve is set to become meaningfully hawkish based on recent market charts. He compares this ...
Otavio (Tavi) Costa: Fed could reach 2 percent inflation by changing measurement, not raising rates
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, suggests that the U.S. Federal Reserve could reach its 2 percent inflation target without additional rate hikes or raising the policy ...
Gold miners move to stronger hands, Otavio (Tavi) Costa notes
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, draws attention to a shift occurring among gold miners, describing a transition from weak hands to strong hands in the market. He ...
Otavio (Tavi) Costa: Hard asset cycle remains strong despite recent turbulence
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, maintains a bullish stance on hard assets, arguing that the current volatility does not signal the end of the ongoing cycle. Costa ...
Gold moving from weak to strong hands amid China buying, Otavio (Tavi) Costa notes
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights China’s ongoing spree of gold purchases. According to Costa, the metal is increasingly transitioning from so-called weak ...
Otavio (Tavi) Costa: Two-year real interest rate at highest since Trump administration began
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights that the two-year real interest rate has reached its highest level since the Trump administration took office. He also points ...
Gold miners have moved from resistance to support, Otavio (Tavi) Costa notes
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights a significant technical shift for gold miners. He states that a 40-year resistance level has now become a major support, ...
Otavio (Tavi) Costa: Gold at 200-day moving average as sentiment shifts
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, observes that gold is currently positioned at its 200-day moving average. He remarks that while this technical level previously offered ...
Copper breaks from gold amid supply tightness, Otavio (Tavi) Costa notes
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, observes a significant divergence between copper and gold prices. While factors like AI, industrial demand, and onshoring contribute to ...
Otavio (Tavi) Costa: Latin America seen as defining investment opportunity for next decade
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights a significant shift in Latin America's political and economic environment. Costa suggests that Latin America will likely ...
Real assets could prevail amid fiscal and monetary challenges, Otavio (Tavi) Costa notes
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, describes fiscal and monetary indiscipline as central to the current macro environment. He suggests that real assets are likely to ...
Otavio (Tavi) Costa: Metals and mining ETF breaks out as copper miners lead gains
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights that the metals and mining ETF broke out today. According to Costa, copper miners are leading this breakout, with copper ...
Silver miners approach breakout on strong $75/oz margins, Otavio (Tavi) Costa notes
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights that silver miners are poised for a significant breakout compared to gold miners. Costa points to the strong profitability in ...
Otavio (Tavi) Costa: Canadian miners trading highlights importance of hard assets today
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, observes activity among miners trading in Canadian markets. He reflects that days like this serve as a reminder of the enduring value ...
U.S. money supply expanding at record four-year pace, Otavio (Tavi) Costa notes
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, states that U.S. money supply is currently growing at the fastest rate seen in four years. He argues that inflation is fundamentally a ...
Otavio (Tavi) Costa: Gold miners conduct record share buybacks amid high sector profitability
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, highlights that gold miners are currently executing more share buybacks than ever before. Costa attributes this surge to the sector's ...
Current metal prices shift fundamentals for mining stocks, Otavio (Tavi) Costa notes
Otavio (Tavi) Costa, portfolio manager at Crescat Capital, points out the market’s backward-looking approach to mining stocks. During a CNBC interview, an expert indicated a lack of interest ...
