InvestmentFranco-Nevada and the Royalty Model: Why Royalty Companies Beat Miners
Gold mining stocks underperform gold itself over most multi-decade windows. Royalty companies do the opposite. Here is the structural reason why.
May 10, 2026
Tag: #Analysis
Investment
InvestmentHarry Browne's Permanent Portfolio: Why 25% Gold Made Sense in 1981
Harry Browne built a portfolio designed to survive any economic regime. Forty years later, the strategy still works, though the implementation has evolved.
May 10, 2026
InvestmentHow Much Gold? Backtesting 5%, 10%, and 20% Allocations Across 50 Years
The case for any specific gold allocation should rest on data, not feelings. Here is what 5%, 10%, and 20% gold portfolios actually delivered from 1972 to 2024.
May 10, 2026
PalladiumFrom $3,000 to $900: An Autopsy of the Palladium Crash
Palladium fell over 70% from its 2021 peak. Looking back, every component of the bull thesis broke at roughly the same time, which is why the decline was so brutal.
May 9, 2026
PalladiumTwo Continents, One Basket: The PGM Supply Mix Explained
Russia mines palladium-rich ore. South Africa mines platinum-rich ore. Neither can switch ratios, and that geological accident shapes the entire PGM market.
May 9, 2026
PalladiumWhen Palladium Outshone Gold: The 2019 Price Inversion Explained
For the first time since 2002, palladium traded above gold in late 2018 and spent most of 2019 as the most expensive of the four major precious metals.
May 9, 2026
PlatinumPlatinum vs Palladium Price Inversion 2018-2024: Anatomy of a Six-Year Reversal
Platinum traded above palladium for most of recent history, then fell behind in 2018 and stayed there. The inversion is now reversing again. Here is why.
May 9, 2026
PlatinumPlatinum Coin Programs: Britannia, American Eagle, and Maple Leaf Compared
Three sovereign mints produce flagship platinum coins for investors. Premiums, fineness, and tax treatment differ in ways that matter for long-term holders.
May 9, 2026
PlatinumPlatinum Group Metals Overview: Pt, Pd, Rh, Ir, Ru, Os Explained
Platinum is the headline name, but five sister metals share its geology and many of its uses. A practical guide to the full PGM family for serious investors.
May 9, 2026
PlatinumThe 2008 Platinum Spike Retrospective: When the Metal Hit $2,300 and Then Crashed
In March 2008, platinum traded above $2,300 per ounce, a record that still stands. The collapse that followed teaches more about the metal than the rally itself.
May 9, 2026