Tavi Costa – X, Released on 8/25/23

Meanwhile:

Gold prices in yen terms just closed at record prices today.

In a world burdened by historical levels of debt, it's important to remember that over time, all paper currencies should lose value against hard assets.

JPY is just an early mover. pic.twitter.com/HjOlwASHwP

— Otavio (Tavi) Costa (@TaviCosta) August 25, 2023

Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat’s macro model that identifies the current stage of the US economic cycle through a combination of 16 factors. His research has been featured in financial publications such as Bloomberg, The Wall Street Journal, CCN, Financial Post, The Globe and Mail, Real Vision, Reuters. Tavi is a native of São Paulo, Brazil and is fluent in Portuguese, Spanish, and English. Before joining Crescat, he worked with the underwriting of financial products and in international business at Braservice, a large logistics company in Brazil. Tavi graduated cum laude from Lindenwood University in St. Louis with a B.A. degree in Business Administration with an emphasis in finance and a minor in Spanish. Tavi played NCAA Division 1 tennis for Liberty University.