Gerardo Del Real,
Editor
March 11, 2026
I’ve warned, like many, that 2026 would be a few things. It’ll be a commodities bull market for the history books and it will also be one of the most volatile years in quite some time.
The current administration has decided that a war we can’t afford (with real people’s lives at stake) is the most prudent course of action at a time where our country is $39 trillion in the hole without any plan to address that debt at all.
In case you thought the short-sighted policies only existed on the right, Washington State Democrats just passed an income tax starting at income above $1 million per year. We’ll see how long that is the threshold. The immediate reaction was that one of Washington’s best-known executives and philanthropists, Starbucks founder (kind of) Howard Schultz, announced he and his family are moving to the sunny shores of Florida.
You know what Florida doesn’t have? Take a guess. Washington State politicians don’t want to address the problem; they want to put a Band-Aid on it to make people not paying the tax feel good.
Capital will always go to where it’s treated best. Despite an unnecessary war that has already resulted in spilled blood and treasure, the US dollar and the precious metals continue to catch a bid.
It’s important to note that while the dollar is still the cleanest dirty shirt in the laundry, the long-term trend is clear. It’s headed lower. Which is exactly why gold also continues to catch a bid as governments around the world prepare for a world where the dollar is no longer the bastion of stability it has been since Bretton Woods.
Yes, we have a new Fed Chair that will get voted in soon. Yes, he likely got a talking-to about all of that fiscal conservative nonsense and yes, we likely will see more easing in light of the higher than expected inflation numbers we just received coupled with worse than expected job numbers.
And yes, we just did witness the most volatile trading day in the oil markets I’ve ever seen and on record with a 24-hour swing of 30%-40% in one day.
The response? The International Energy Agency will release the largest amount of emergency oil reserves in the organization’s history — 400 million barrels of oil. Yep, another Band-Aid.
But that’s really just noise. I will continue to spin and play my broken record for you by telling you that the debt due to maniacal fiscal and monetary policy — you should check out our latest Bizarro World with special guest Rudy Havenstein for more on that — we’ve engaged in for nearly three decades will be the continued driver of economic inequality for those that don’t own assets and the gasoline on the fire which will burn bright for those that do. Regardless of what Band-Aid short-sighted politicians decide to use.
So what to do? Have exposure to the things that will continue to increase or maintain their value while the crazies further destroy what’s left of the balance sheet.
Own gold, own silver, own copper or own exposure to it. Own critical metals. Jurisdiction will continue to play an important driver of future policy.
Use that knowledge to your advantage.
I have a new pick for Junior Resource Monthly subscribers that I’ll be alerting them to in the next week or so that takes all of those things into account.
Stay tuned for that… and keep safe out there everyone.
Let’s get it!
Gerardo Del Real
Editor, Bizarro World