Crescat's Live Market Call

0:00 Introduction2:57 Kevin Smith Macro25:39 Tavi Costa Macro57:41 Quinton Hennigh Updates "What I Did On My Summer Vacation" 1:44:47 ConclusionFind us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-dil...

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

In this week’s market call, we break down major macro and metals trends shaping 2025. Charts highlight the shifting landscape of foreign holdings of U.S. financial assets, the divergence in capex between the new and old economy, and gold’s breakout as a top-performing asset year-to-date. We also cover the energy sector’s historically low weighting in the S&P 500 and a compelling cup-and-handle...

0:00 Introduction 2:02 Kevin Smith Macro 13:35 Tavi Costa Macro 47:34 Quinton Hennigh Introduction 48:00 Novo Resources Update 56:59 Westward Gold Update 1:11:13 Goliath Resources Update 1:13:59 Hannan Metals Update 1:20:27 Snowline Gold Update 1:22:27 Sitka Gold Update 1:28:07 Tectonic Metals Update 1:32:40 Conclusion Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevi...

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Description to add when scheduling:Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

0:00 Introduction 3:28 Kevin Smith Macro 17:20 Tavi Costa Macro 50:36 Quinton Hennigh Introduction 51:34 Goliath Resources Update 1:12:26 Eloro Resources Update 1:20:50 Sitka Gold Update 1:24:06 Mogotes Metals Update 1:36:46 Puma Exploration Update 1:38:50 Brixton Metals Update 1:43:57 Red Canyon Update 1:48:12 Juggernaut Exploration Update 1:52:44 PJX Resources Update 1:56:40 Intrepid Metals Upda...

Crescat's Live Market Call featured insights from Kevin Smith (CIO), Tavi Costa (Macro Strategist), and Quinton Hennigh on macro-level investment strategies and 2025 market projections. The team emphasized predicted upcoming trends, and covered our criteria for investing in an exploration mining company. 0:00 Introduction 2:59 Kevin Smith Macro 14:12 Tavi Costa Macro 41:41 Quinton Hennigh Introduc...

If you are an accredited investor and want to see a research paper that synthesizes all of this and more for Crescat’s private fund clients and qualified prospective clients, please email miwahashi@crescat.net requesting the Mara-a-Lago Accord client letter.

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

In this Tavi Costa solo episode, he discusses key macroeconomic trends, particularly the inflationary impact of labor strikes and rising fiscal spending, which is largely non-growth-oriented. Crescat emphasizes the potential for heightened inflation due to increased global money supply and constrained commodity supplies, particularly in mining and agriculture. Silver is highlighted as a promising...

Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin Smith, CIO, Twitter: @crescatkevin Tavi Costa, Macro Strategist, Twitter: @tavicosta LinkedIn: Crescat Capital Important Disclosures: https://www.crescat.net/due-diligence/disclosures/

Key topics discussed include the rising S&P 500 price-to-book ratio, the growing divide between cheap value stocks and overvalued growth stocks, total known ETF gold holdings, and gold reaching record highs. Additionally, the video addresses the tech sector's overweight position in the S&P 500 and provides updates on the latest mining and exploration news. 0:00 Introduction 1:57 Kevin...

0:00 Introduction1:55 Kevin Smith Macro18:22 Tavi Costa Macro40:11 Quinton Hennigh Introduction1:04:14 Snowline Gold Update1:13:46 Goliath Resources Update1:15:09 Brixton Metals Update1:25:26 Hannan Metals Update1:28:07 Core Assets Update1:30:53 Altamira Gold Update1:33:55 Juggernaut Exploration Update1:34:54 Maronan Metals Update1:36:22 Conclusion Find us Online: Website: www.crescat.net Crescat...

0:00 Introduction2:06 Kevin Smith Macro10:26 Tavi Costa Macro38:20 Quinton Hennigh Introduction56:43 Snowline Gold Update1:20:19 Goliath Resources Update1:25:18 Sitka Gold Update1:28:04 Brixton Metals Update1:33:07 Juggernaut Exploration Update1:34:02 Nevada King Update1:36:16 Puma Exploration Update1:37:08 Conclusion Find us Online: Website: www.crescat.net Crescat Twitter: @crescat_capital Kevin...

Discussed the anticipated market shift from large-cap growth to small-cap value stocks and highlighted significant declines in semiconductor stocks. The call also included updates on mining projects, particularly positive drilling results at a few junior explorers, indicating promising mineral intrusions. 0:00 Introduction2:03 Kevin Smith Macro13:47 Tavi Costa Macro38:57 Goliath Resources Update57...