Gold Investors: Remember 1933

Gold Investors: Remember 1933

Investors have been rightly impressed by gold’s remarkable run, which in dollar terms has doubled in price over the past year. This performance vastly outpaces the stock markets (which are also sitting at all-time highs) and Bitcoin (trading sideways for months), the...
Four Investment Themes for 2026

Four Investment Themes for 2026

Let me get to the punchline of my view on the financial markets for 2026. The remarkable equity bull run of the past couple of years is unlikely to stall, at least not in the first half of 2026. Corrections are inevitable, and we are indeed likely in an asset bubble....