Claus Delivers
Merry Christmas
Year-end flows are doing exactly what they tend to do when liquidity turns supportive and leadership is clear. Precious metals and miners are being accumulated aggressively, while equity leadership continues to narrow toward sectors that have already proven they can outperform in this regime.
The message from the market is consistent: store-of-value trades and select industrial exposure are where capital is going as we close the year.
The results speak for themselves.
Gold has been embedded in the View Matrix for years.
Longtime readers of The Navigator know this well “my money has always been where my mouth is.”
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