Gold, Silver, Platinum, Copper, Lithium are at the heart of this supercycle. I'll bet most of my readers didn't even know that Lithium is a metal - but a web search reveled it is the least dense metal and the least dense solid element" (Wikipedia)
This morning I was thinking back to the narrative that was being pushed in 2021, that a supposed Supercycle in commodities - and specifically in gold - was in the cards. This was soon after the massive amount of fed intervention we saw take place during Covid, and we immediately saw equities react, but it took some time before commodities caught up... and Gold took out Goldman Sachs $4000 target, just yesterday.
What Is a Supercycle?
Supercycles are long, demand-driven commodity booms. TheMotleyFool fool.com
I blogged on this topic back in 2021, but I must have got distracted - probably by another trade - and I never had the chance to finish it.
Blog Draft March 4th, 2021 - (screenshot) documenting the super cycle narrative I saw being spun at that time.
Historical Context
Most short sighted trades probably think this supercycle started in 2021, or even later, but the supercycle in Gold, Crude Oil, and Natural Gas started in 1999, around the time the of the .com collapse.
Natural Gas supercycle
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I suspect that rally was pricing in real inflation, as real-estate speculation ran wild. Gold rallied at the same time, so I'm going to conclude that fed money printing has fueled the 25 year bull market.
Of course Natural Gas, and Oil have since returned to the mean, while metals continue... The latest leg of this rally started nearly 2 years ago, when it looked like Trump has a good chance of taking back the white house, and buying accelerated after he won. That's exactly where we saw a mad panic into hard assets.
Fast Forward to Oct 8th, 2025
Goldman Sachs immediately boosts 2026 gold price forecast to $4,900 amid strong demand invezz.com
The official narrative is that several world currencies are in trouble, though specifics remain scarce..
While trolls, and trading bots will tell you the $USD is in trouble, Wall Street knows where the fast money goes, when the $YEN/ Carry trade unwinds. It heads directly for the worlds #1 reserve currency.
It's my believe that gold has overshot on the charts, and that the only reason it continues to trade at these ridiculous levels is because the banksters are looking to get out on top.
It seems like everything tends to overshoot the targets, and by an even greater margin than it used to, but at some point natural law kicks in, and things return to the mean.
You can follow me on the X platform @3Xtraders for the latest updates, but do your own due diligence.
#OMG I friggin nailed that Gold target pic.twitter.com/824B5lHHmx
— Veteran Market Timer (@3Xtraders) October 9, 2025
TakeCare,
AA
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