Bizarro World Podcast,
with Nick and Gerardo
Feb. 16, 2026
Editor’s Note: We are finalizing a private placement in a $25 million market cap company that just partnered with the most famous gold prospector on the planet… a man whose discoveries helped trigger the Yukon's second gold rush, who was featured on CBS’s 60 Minutes, and whose projects have been acquired by major mining companies for hundreds of millions of dollars. The company is drilling in 2026, and spots in this financing are already filling fast. Click here to learn more.
The free version of the 353rd episode of Investing in Bizarro World is now published.
Here’s what was covered:
Macro Musings - The metals are correcting, but the bull market remains intact. Gold pulled back more than $100 on the day and silver has retraced sharply from the $119 level seen just weeks ago to roughly $75, but the technical structure is still healthy. Elevated volatility continues to drive exaggerated price swings, and the gold volatility index remains a key factor behind the rapid consolidations. These moves are uncomfortable but normal in a structural bull market fueled by monetary and fiscal realities that haven’t changed.
The larger drivers remain overwhelming. U.S. debt is now approaching $40 trillion and projected by the Congressional Budget Office to hit $64 trillion within the next decade. That trajectory makes fiscal restraint implausible and reinforces gold’s role as a monetary hedge. Meanwhile, central bank buying — especially from China — continues, and rate policy is shifting toward accommodation. The two-year Treasury yield has fallen to multi-month lows as markets increasingly price in rate cuts in the second half of the year. Growth is slowing, but not collapsing. Inflation is moderating, but not disappearing.
Copper and uranium are reinforcing the bullish message. Copper continues consolidating near $6 per pound, and uranium remains anchored around $90 per pound. Both metals are holding elevated levels despite broader market volatility. The structural demand from electrification, AI infrastructure, grid expansion, and energy transition remains firmly in place. The hundreds of billions of dollars being deployed into data centers, compute infrastructure, and electrification require enormous volumes of copper and other hard assets. The long-term supply-demand imbalance remains unresolved, and consolidation at these levels represents strength, not weakness.
Market Takes - Markets are undergoing rotation, not collapse. The leadership that defined the past several years — technology and communications — is beginning to give way to energy, materials, and defensive sectors like consumer staples. This shift reflects a maturing economic cycle, slowing — but still positive — growth, and a repricing of monetary expectations. The ten-year Treasury yield is falling alongside the dollar, reinforcing the favorable backdrop for commodities and precious metals.
The key shift is the rate of change. Economic growth remains positive but is slowing from its previous pace. Inflation is declining but stabilizing at higher-than-target levels. That environment historically benefits hard assets and resource equities. Precious metals volatility will continue to produce sharp pullbacks, but these are opportunities for disciplined investors who understand the macro framework.
Private placement demand reinforces the strength of the cycle. The most recent gold-antimony financing recommended through Private Placement Intel was raised at a $7 million market cap and is already trading at roughly a $12 million valuation, reflecting immediate market recognition of the opportunity. Demand for allocations exceeded supply by more than 2-to-1, forcing reductions in participation to preserve share structure integrity. This type of oversubscription is typical in early-stage bull markets, where capital is chasing limited high-quality opportunities.
Additional financings are already in motion, including a base metals company with exposure to copper and gold in top-tier jurisdictions, as well as a North American gold project backed by a proven team with multi-million-ounce potential. These deals represent asymmetric opportunities that emerge early in commodity bull cycles and often deliver outsized returns as capital rotates into the sector. The next deal will open next week. Click to learn more if you want to participate.
Bizarro Banter - Institutional credibility continues to erode, and the Epstein scandal remains the clearest example. Despite extensive documentation, testimony, and public evidence, meaningful accountability has not materialized. Public officials have openly dismissed calls for transparency, prioritizing market stability over justice. This reinforces the growing perception of a two-tiered system where accountability is unevenly applied and elites remain insulated from consequences.
The implications extend beyond politics. Institutional decay undermines trust in governance, law enforcement, and regulatory systems that underpin economic stability. When institutions fail to enforce laws equally, capital naturally migrates toward assets outside the financial system — gold, commodities, and hard assets that exist beyond institutional control.
The mining sector also faced a stark reminder of jurisdictional risk. The kidnapping and murder of ten miners in Sinaloa highlights the realities of operating in politically unstable regions. Cartel influence varies dramatically by region, and conditions can change rapidly depending on local power dynamics. Mexico remains the world’s largest silver producer and will continue to be a cornerstone of global supply, but jurisdictional risk requires careful evaluation of management teams, security protocols, and regional stability.
Investors must differentiate between isolated incidents and systemic risks. Many regions of Mexico have operated safely for decades, while others remain volatile. Understanding these nuances is essential for navigating risk without abandoning opportunity.
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0:00 Introduction
1:38 Macro Musings: Metals Pullback Context. Fed Cut Expectations. Exploding Debt Tailwinds.
12:20 Market Takes: Private Placement Demand Surge. AI Copper Demand Boom. Sector Rotation Begins.
27:43 Bizarro Banter: AI Job Fear Narrative. Cannabis Smear Campaign. Epstein Cover-Up Outrage. Mexico Cartel Reality.
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