The Kobeissi Letter
The Kobeissi Letter|Dec 26, 2025 00:31
What we are seeing in precious metals right now is truly once-in-a-lifetime: Gold is now up +72% YTD, adding +$13.2 TRILLION in market cap this year. Silver has become the 3rd largest asset in the world, up +155% YTD, worth $4.2 trillion. The only other year that comes close to what we are seeing now is 1979, when CPI inflation was running at 11%+. Platinum? Up +159% and set for its biggest annual percentage gain ever recorded. 2025 will be a year that is referenced for decades to come. You are witnessing history.(The Kobeissi Letter)
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