Otavio (Tavi) Costa(@TaviCosta):Early breakout in the miners. Amazes me how the miners-to-gold ratio still sits at historically undervalued levels. This move is likely to accelerate to the upside. Operating leverage in mining companies during a secular cycle is one of the most powerful dynamics in the market. Investors still seem to believe current mining profits are temporary. I could not disagree more.

Otavio (Tavi) Costa

@TaviCosta

Founder & CEO of Azuria Capital LLC. Macro thinker, history student, value-oriented investor. Native of Sao Paulo, Brazil 🇧🇷 E-mail: tavi@azuriacapital.com

가입 June 2014

2.3K 팔로잉 중 319.8K 팬

Otavio (Tavi) Costa@TaviCosta

2026.05.06 21:26

Early breakout in the miners. Amazes me how the miners-to-gold ratio still sits at historically undervalued levels. This move is likely to accelerate to the upside. Operating leverage in mining companies during a secular cycle is one of the most powerful dynamics in the market. Investors still seem to believe current mining profits are temporary. I could not disagree more.