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The Year-End Moves No One’s Watching
Markets don’t wait — and year-end waits even less.
In the final stretch, money rotates, funds window-dress, tax-loss selling meets bottom-fishing, and “Santa Rally” chatter turns into real tape. Most people notice after the move.
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Hello, Subscribers:
It’s no secret that this newsletter has been a vocal endorser of hard-asset investments in the wake of the hyper-stimulus that resulted from the Covid panic-induced overreactions lockdowns. Those reckless fiscal and monetary policies were the first great leap toward currency debasement by Western governments. These episodes are nearly always powerful upside catalysts for critical resource prices.
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