TillPeak Gold's ongoing research publication — covering macro forces, precious metals positioning themes, and educational deep-dives into the instruments and dynamics that define hard asset markets.
As sovereign debt ratios reach historic levels across major economies, gold's role as a monetary anchor becomes increasingly relevant for understanding long-term capital preservation dynamics.
Gold ETFs and mining equities both offer precious metals exposure — but with fundamentally different risk profiles, leverage characteristics, and cycle behavior that reward different approaches at different stages.
Central bank gold purchases have reached their highest levels in decades. We examine what this institutional shift signals for the demand floor and the structural setup for the next major precious metals cycle.
Silver's dual monetary-industrial demand profile creates a distinct return dynamic within the precious metals complex. We examine the gold/silver ratio, historical cycle behavior, and why silver often amplifies late-cycle precious metals moves.
When real interest rates decline, the dollar weakens, and central banks accumulate reserves, a consistent macro backdrop for gold emerges. We walk through the signal framework TillPeak Gold uses to assess cycle positioning.
Major commodity cycle turns — driven by supply underinvestment, structural demand shifts, and monetary tailwinds — create multi-year windows for hard asset positioning. Understanding how to identify these inflection points is foundational to the TillPeak framework.
The insights here reflect a broader research framework. Explore the TillPeak Gold strategy overview to see how it all fits together.