Crescat Capital portfolio manager. Native of Sao Paulo, Brazil 🇧instagram.com/tavicostamacro

Denver, CO
Joined June 2014
Where are we in the precious metals cycle? There is no shortage of questions on why gold has significantly underperformed during such an ideal macro setting. Here is thread 👇👇👇
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Otavio (Tavi) Costa retweeted
After recent consolidation, $ESK.V now sits at its closing level from July 31. What an opportunity if we "missed it" only 2 weeks ago post initial 2021 assays, 95% pending putting into perspective where we were last Dec awaiting ESK news @TaviCosta @Crescat_Capital
$ESK.V encounters broad intercepts of precious metal rich stockwork feeder mineralization at TV. Incluing 47.8m grading 5.2g/t Au eq within 140.3m grading 2.6g/t Au eq And 44.4m grading 4.7g/t Au eq within 92.3m grading 2.7g/t Au eq. @Eskay_Mining eskaymining.com/news/news-re…
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Otavio (Tavi) Costa retweeted
$PEX.V intersects 437m of 0.61% CuEq or 0.96g/t AuEq. Including 291.7m of 0.75CuEq or 1.18g/t AuEq in first drill hole at Kliyul copper-gold project. Importantly, this includes 141m of 1.07% CuEq or 1.68g/t AuEq indicating high grade potential pacificridgeexploration.com/…
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Otavio (Tavi) Costa retweeted
⏰Set your alarm for December 2nd at 9:30 EST with Coach Dale (@ForexStopHunter) and special guest Tavi Costa (@TaviCosta) Log in to hubs.ly/Q0104z8L0 Follow on @TradeGateHub
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Otavio (Tavi) Costa retweeted
#Gold Is Set To Explode Higher & #Silver Is Most Underpriced Metal On Earth ➤ goldbroker.com/news/gold-set… @TaviCosta @crescatkevin @menlobear
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Checkable deposits held by households now at absurd levels. Let us not forget that policy makers also plan on adding massive infrastructure spending on top of this. h/t @jessefelder @biancoresearch
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Otavio (Tavi) Costa retweeted
Dr. Quinton Hennigh reviews Novo's recently announced 15,000m of drilling at the Parnell-Vulture trend along with the company's new robust target, with @TaviCosta & @Crescat_Capital. Read more from the release 📑 bit.ly/3crTQED #TSX $NVO #NovoResources #Gold #Drilling
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Another attempt to verify my account and…..denied again. What a joke. Hope the new CEO does something to fix this process.
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Another spike in Ammonia prices.   Now at record levels.   Food prices are the next to follow.
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A reminder:
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Agricultural commodity prices recently broke out from a 14-year resistance. Only the beginning.
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Silver. Setting up nicely for a strong year-end rally.
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Crazy to think that food prices are already near record levels while agricultural commodities haven’t even had their big move. Still ~35% from their prior highs. So much room for food prices to rise from here. This will likely become the next chapter of the inflation narrative
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Otavio (Tavi) Costa retweeted
Here @LukeGromen provides yet another metric highlighting the relative deep undervaluation of #gold today, building on top of the parade of data @TaviCosta enumerates in this excellent presentation youtube.lurkmore.com/qHOtLWn6Mb8
In 1980, the market value of the US’ official gold as a % of foreign-held USTs was ~135%. In other words, the US’ foreign-held debt was 135% gold-collateralized. In plain English, THAT was a gold bubble. Today that % is ~6%. To equal 1980’s price, gold would be $39,600/oz now
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It’s hard to make sense of all this:   US money supply just surged again by $609B in the last 3 months.   That's more than 7x its historical average.
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For the record, this is not a US-only problem.   China’s money supply just increased by $840B in the last 3M.   Keep in mind that their highly inflated GDP still is 25% smaller than the US.   No matter what fiat currency, it's imperative to own tangible assets in this environment
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Vou participar desse evento no dia 1 de Dezembro às 18h. Caso esteja interessado(a), faça sua inscrição gratuita: quodeventos.siteprofissional…
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