WTFinance Fading Geopolitics, Precious Metals & The Next Perfect Trade ft. Alex Gurevich
Jan 27, 2026
Alex Gurevich, founder and CIO of HonTe Advisors and author with a PhD in mathematics, shares big-picture macro ideas. He discusses the surge in precious metals, why metals finally moved, and the role of liquidity and disinflation. He covers interest rate and currency opportunities, fading geopolitical noise, and how to find the next strong trade with patience and disciplined strategy.
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Precious Metals Rally Requires Patience
- Alex Gurevich highlights 2025's standout move was precious metals, led by silver and mining stocks after long dormancy.
- He sees decade-long metal cycles that reward patience and can multiply capital several-fold over time.
Disinflation And Lower Rates Outlook
- Alex places himself in the disinflation camp while acknowledging valid opposing views and past forecasting errors.
- He expects job-market slowdown and believes lower rates are the likely destination over time.
Liquidity Decouples Markets From Fundamentals
- Liquidity, not the economy per se, drives markets and can decouple stocks, jobs, and growth.
- Fiscal measures can break traditional linkages so recession, job losses, and equity moves need not align.
