by Longanimity Cap | May 10, 2026 | Perspectives
We are entering a commodity supercycle, but not the traditional kind. A prolonged capital cycle of underinvestment is colliding with geopolitical fragmentation, driving a shift from abundance to structural scarcity. The global market clearing mechanism is breaking...
by Longanimity Cap | Feb 16, 2026 | Perspectives
For years it traded predominantly as an industrial metal. In 2025, after gold led the breakout and silver followed as the higher-beta transmission, platinum lagged—then caught up as precious-metals allocations broadened. What matters is that this repricing coincided...
by Longanimity Cap | Feb 10, 2026 | Perspectives
Financial markets and the real economy do not move in lockstep. Periods of abundant liquidity can sustain asset prices well beyond what contemporaneous economic data would suggest; when liquidity tightens or confidence shifts, adjustments tend to be nonlinear rather...
