Gold Prices High, Miner Cash Flows Higher: What Comes Next
The chart tracks the Philadelphia Gold and Silver Index against the aggregate cash flow per share generated by the major gold and silver miners. One line is pure price action of the
Silver Is Beating Its Seasonal Average. Here Is What’s Next
This chart shows silver doing something very different from its normal seasonal playbook. The black, blue, teal and slate lines represent silver’s average cumulative performance over the past 50, 20, 10 and
The World’s Top Gold Miner Is Running Out of Easy Ounces. Here Is Who Could Win
This chart tells a powerful story. Barrick Gold, one of the biggest gold producers, is producing less gold over time. The bars move from strong output in the earlier years toward a
The 160-Year Chart. Stocks Have Dominated for Years. This Chart Shows What May Come Next
This chart tracks the long-term battle between United States large-cap stocks and commodities. The dark navy line is a ratio. When it rises, large-cap stocks are gaining value faster than commodities. When
Everyone Is Positioned for Good News. Almost No Defense Left, What Happens Next to Commodities
This chart shows how much investors allocated to three defensive areas at risk on cycle lows: cash, bonds, and defensive equities. When these lines fall, investors are carrying less protection and leaning
Solar Just Passed Coal, but the Biggest Opportunity May Not Be Solar Stocks
This chart captures a symbolic turning point in the US power market. In May 2026, solar moved above coal in the electricity generation mix for the first time. The orange line is
China Is Quietly Trading US Debt for Gold
This chart tells its story through two lines moving in opposite directions. China’s US Treasury holdings rise, peak above $1 trillion, then retreat to $682.6 billion. Gold reserves do the reverse. They
Mining Margins Hit 31%. No Other Challenger, Here Is Why It Matters
This chart is not just comparing profit margins. It is showing where the money is being made. At the top, the mining industry stands out with a median profit margin of 31
This Tiny Commodity Market May Carry Big Strategic Power
This chart is basically tungsten walking into the room, clearing its throat, and reminding the commodity market that it is not just some obscure metal hiding in the periodic table. In the
Past Supercycles Lasted 14 to 22 Years. This One Is Only 6
This chart is basically the commodity market’s history book in one clean picture. It shows past supercycles lasting 18, 22, 17, and 14 years, while the current cycle from 2020 to today
