Crescat News & Updates


CRESCAT GETS ACTIVIST ON GOLD VIDEO #2

July 2, 2020 - We share our involvement/activist position with an exciting story in the Golden Triangle: Eskay Mining. See the video replay here: Learn More »


KEVIN SMITH INTERVIEWED ON BLOOMBERG DAYBREAK ASIA

June 26, 2020 - Kevin Smith discusses current macro environment on Bloomberg Day Break Asia. See the video replay here: Learn More »


EARLY STAGES OF MAJOR BULL MARKET FOR PRECIOUS METALS

June 26, 2020 - "I think that now with the macro and fundamentals aligning with technicals on the long-term side, I’ve never seen such a good setup for an industry like precious metals...” Learn More »


CRESCAT GETS ACTIVIST ON GOLD VIDEO #1

June 23, 2020 - We introduce Quinton Hennigh as Crescat’s geologic and technical advisor and discuss our activist position in Eloro Resources and Condor Resources. See the video replay here: Learn More »


THE US STOCK MARKET IS IN LA LA LAND

June 20, 2020 - Those betting against this “absurdly overvalued” stock market are about to get paid says MarketWatch, if Crescat is right. Learn More »


CNBC Defends Warren Buffett from Day Trader Trolls

June 19, 2020 - "Speculation is rampant and being championed by a bold new breed of millennial day traders. The catalysts for reckoning are numerous as a major cyclical economic downturn has only just begun." Learn More »


Kevin Smith Discusses Markets on Bloomberg Daybreak Asia

June 18, 2020 - Kevin Smith discusses the latest on the markets with Bryan Curtis and Rishaad Salamat on Bloomberg Daybreak Asia. Learn More »


Crescat Turns Activist on Gold

June 17, 2020 - We believe we are in the early innings of a major new bull market for precious metals as a non-correlated macro asset class. There is good reason why gold and silver have served as hard money around the world for thousands of years. Learn More »


TAVI SPEAKS WITH REAL VISION

May 18, 2020 - Tavi discusses with Real Vision about why now could be an exciting time for silver. Learn More »


KEVIN SMITH AND TAVI COSTA PRESENT MACRO OUTLOOK TO THE ECONOMIC CLUB OF COLORADO

Kevin and Tavi explain the Macro Trade of the Century and engage in Q&A with state business leaders. See the video replay here: Learn More »


TAVI COSTA’S CENTRAL BANK ANALYSIS SHOWN IN CCN ARTICLE

May 15, 2020 - "The Fed just bought a record amount of mortgage backed securities this last week. It accounted for 84% of its most recent stimulus." Learn More »


KEVIN SMITH’S GRIM MARKET OUTLOOK HIGHLIGHTED IN CCN ARTICLE

May 3, 2020 - "Smith believes that the stock market picture looks eerily similar to the 1930 "relief rally" that followed the initial wave of the "Black Monday" crash." Learn More »


CRESCAT HAS TOP PERFORMING FUNDS DURING MARKET MELTDOWN

April 22, 2020 - Crescat was featured as one of the top 7 performing hedge funds since the market top in February. Learn More »


CRESCAT WARNS THAT RELIEF RALLY IS ABOUT TO CRASH

April 15, 2020 - "We strongly believe that investors should be wary of getting sucked into the relief rally." Learn More »


CRESCAT’S SPECTACULAR MARCH PROFILED IN MARKETS INSIDER

April 3, 2020 - "Smith remains net short on stocks as he expects 'much more downside' for equities and corporate credit markets." Learn More »


KEVIN SMITH AND TAVI COSTA FEATURED IN OZY

March 30, 2020 - "He predicted the coronavirus crash … and now has a "macro trade of the century" up his sleeve." Learn More »


Macro Trade of the Century with Kevin Smith & Tavi Costa on ValueWalk Podcast

March 26, 2020 - Kevin and Tavi elaborate on Crescat's the Macro Trade of the Century. Learn More »


Tavi Costa Interview With Rethinking the Dollar

March 23, 2020 - Live Q&A with Tavi Costa and Daniel Lacalle to discuss the current macro environment. Learn More »


Tavi Costa – Silver Is A Coiled Spring Wound Even Tighter Now

March 23, 2020 - SBTV speaks with Tavi Costa about why the virus outbreak is looking to be the last nail in the coffin for overvalued stocks and the economy. Learn More »


This Is It

March 23, 2020 - Many of you understandably have been asking for more frequent performance and positioning updates now that we are in a bona fide financial crisis. We are happy to oblige. Learn More »


Blood in the Streets

March 17, 2020 - Baron Rothschild, the 18th-century British banker advised that "the time to buy is when there's blood in the streets, even if it is your own." But it’s not sovereign debt of the world’s superpowers that is on sale today; it’s not the S&P 500 or Dow either. Learn More »


CIO Kevin Smith Explains the “Macro Trade of the Century” on TD Ameritrade Network

March 13, 2020 - The total fiasco in the $JNUG ETF today is much more likely to mark a major bottom for precious metals mining stocks than the top for gold. Buy the stocks yourself, not these garbage ETFs. They are not likely to stay down here long. Insane value. Huge FCF yields! Learn More »


The Tide is Going Out

March 8, 2020 - The most overvalued stock market in US history finally climaxed in February. The popular delusion of this mania was that low interest rates and Fed liquidity would keep driving stock prices higher indefinitely. Learn More »


CIO Kevin Smith Quoted in Reuters

February 21, 2020 - “It’s not really possible for us to be any more bearish on China.” Learn More »


Crescat’s Macro Trade of The Century – YouTube Live Stream

February 21, 2020 - Portfolio managers, Kevin Smith and Tavi Costa, show the macro set up of a lifetime. Learn More »


Crescat Macro Chart Presentation

February 21, 2020 - Chart presentation from our latest YouTube live stream. Learn More »


Kevin Smith and Tavi Costa Featured in MarketWatch

January 30, 2020 - Kevin Smith, chief investment officer at Crescat Capital, says the bear case for U.S. stocks has never been stronger” and it’s time for investors to be aware of the “gravity” of the current situation. Learn More »


Tavi Costa: Gold and Silver Miners are Set Up to Push a Lot Higher

January 21, 2020 - Tavi outlines where we are at in the business cycle and the risks he sees in the financial system. Gold is the real safe-haven asset and is looking increasingly useful, and silver appears set to outperform. Learn More »


Kevin Speaks with Oliver Renick on TD Ameritrade Network

January 15, 2020 - Kevin Smith talks with Oliver Renick on TD Ameritrade Network about monitoring market melt-up conditions. Learn More »


Tavi Costa Talks with Jelly Donut Podcast

January 6, 2020 - Tavi built Crescat’s macro model that identifies the current stage of the US economic cycle through a combination of 16 factors. His research has been featured multiple times in financial publications. Learn More »