Liberty and Finance, Released on 3/7/25

Tavi Costa of Crescat Capital discusses the potential for a major monetary realignment, focusing on the growing importance of gold in the global financial system. He highlights how the U.S. dollar’s dominance may be nearing its peak, with the rising divergence between U.S. gold reserves and global gold holdings signaling the potential for significant changes. Costa also emphasizes that the U.S. may be moving towards accumulating more gold, a strategy reminiscent of past monetary shifts. He points to the growing role of silver and commodities as emerging investment opportunities in response to these changes. Costa concludes by urging investors to closely monitor the value of the dollar as a key indicator for future investment trends in hard assets.

0:00 Intro
1:41 A monetary realignment
5:16 US gold reserves
17:20 Commodities
20:50 Silver’s monetary realignment
24:18 Weekly specials

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.

  gold, investing, silver, tavi costa