Crescat’s Live Market Call – March 27th, 2026 Commentary
March 27, 2026 - On this live market call, Crescat's Senior Energy Advisor, Lisa Thieme, analyzed the impact of the Iran conflict on oil and gas prices, highlighting the potential for a stagflationary shock. CIO Kevin Smith and Analyst Nathaniel Gilbert provided macro updates, discussing the bullish case for gold and a potential breakdown in the overvalued S&P 500. They emphasized a "great rotation" out of large-cap equities and into undervalued commodities like precious metals. Learn More »
FundFire: Gold in Them Thar Funds? Hedge Managers Weigh Precious Metals Exposure
March 25, 2026 - At Crescat Capital, we're not just watching the markets; we're anticipating the next big shift. We believe a "great rotation" out of overvalued tech and into undervalued precious metals is underway. The fundamentals for gold and silver are stronger than ever. Don't miss out on what we see as a historic investment opportunity. Learn More »
Barrons: This Copper Stock Is Worth Mining. The Metal’s Boom Is On.
March 16, 2026 - The article explores why the dip provides a compelling buying opportunity for investors and includes insight from Kevin on why he sees this as the beginning of a new long-term bull market for copper. Learn More »
Crescat Live Market Call – March 13th, 2026 Commentary
March 13, 2026 - In this Live Market Call, the team examines the U.S. federal budget deficit as a percentage of GDP and its long-term implications for markets and fiscal sustainability. The discussion also explores how rising oil prices could trigger a stagflationary shock, driving inflation higher while slowing growth, and why the recent flattening of the yield curve has stalled amid geopolitical tensions with Iran and energy market volatility. The episode concludes with exploration mining updates from Sitka Gold, Yukon Metals, and Barksdale Resources. Learn More »
Kitco Interview: Cash-starved junior miners poised for next leg of gold equity rally
March 13, 2026 - The article explores recent momentum in the mining sector, and includes insights from Kevin on:– Investors’ growing interest in the mining sector – Why Crescat continues to invest in the mining sector, and where he sees opportunities to invest – What he expects from the next phase of the precious metals rally Learn More »
Crescat’s Live Market Call – February 27th, 2026 Commentary
February 27, 2026 - In this Live Market Call, the team examines whether megacap tech may be nearing a top, placing it within the context of the long-term U.S. dollar cycle and shifting macro signals such as gasoline prices and inflation expectations. The episode also includes exploration mining updates from Sitka Gold, Eskay Mining, and Tectonic Metals, highlighting ongoing progress across Crescat’s portfolio and the broader precious metals theme. Learn More »
Kevin Smith Featured in Barron’s
February 24, 2026 - Crescat Capital Founder, CEO, and Chief Investment Officer, Kevin Smith, was recently featured in a Barron’s article exploring increased investor allocations to hedge funds and alternative strategies.The piece examines the benefits and trade-offs of private hedge funds versus liquid alternative vehicles. Within that discussion, Barron’s highlights the Crescat Global Macro Hedge Fund’s 2025 performance and its long-term record since its 2006 inception. The article points to its significant outperformance relative to macro hedge fund benchmarks and its history as a diversifier relative to equity markets.Kevin explains why Crescat maintains a private fund structure with investor lockups, noting that attracting long-term capital enables the firm to invest in less liquid opportunities aligned with its global macro themes, including currency, commodity, and capital cycle shifts, and its positioning in gold and precious metals miners.To read the full article, click here. Learn More »
Crescat’s Live Market Call – February 13th, 2026 Commentary
February 13, 2026 - In this Live Market Call, Kevin Smith, CIO, examines rising absolute return dispersion, historical S&P 500 maximum drawdowns, and the surge in AI-related debt issuance. The episode also features exploration mining updates led by Dr. Quinton Hennigh, including developments from Eloro Resources, Alpha Exploration, and Novo Resources, highlighting progress across Crescat’s portfolio and the broader precious metals opportunity. Learn More »
Crescat’s Live Market Call – January 30th, 2026 Commentary
January 30, 2026 - Crescat’s Live Market Call, led by CEO Kevin Smith, explores long-term U.S. dollar cycles alongside in-depth biopharma and exploration mining insights. Special guests Lars Theill, PhD, and Quinton Hennigh, PhD, discuss biotech theme performance within Crescat, the firm’s biotech stock selection process and lifecycle, and provide exploration updates from Snowline Gold, Sitka Gold, and Tectonic Metals. Learn More »
Crescat’s Live Market Call – January 16th, 2026 Commentary
January 16, 2026 - Hosted by Kevin Smith, CIO, and Nathaniel Gilbert, Analyst, this live market call reviews 20 years of Global Macro Fund performance with a focus on downside capture and capital preservation across market cycles. The discussion also walks through Crescat’s AI-driven equity quant model, including how it evaluates opportunities at the single-stock level. The presentation concludes with a deep dive into the gold sector, examining net debt among major gold explorers and outlining the full lifecycle of a gold mine from discovery to production. Learn More »