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Money Printing Is Back: Gold & Silver Could Soar | Tavi Costa

Liberty and Finance Oct 11, 2026 21:22

Summary

Combined US and China money supply is growing about 10% year-over-year, a pace Costa says rivals COVID-era stimulus and points to inflation.

Debt at World War II levels makes today's rates unsustainable, so Costa expects monetary dilution — expanding the money supply — to benefit gold.

Silver around $50–$60 an ounce is his accumulation range; he expects triple digits eventually and calls silver miners even more undervalued than the metal.

Costa sees a rare window: only about 22% of miners trade above their 200-day moving average (a long-term price trend line), a historically low reading.

Constrained supply in gold, silver, and copper anchors his case; he is launching a mining fund focused on Latin American economies.

Elijah K. Johnson's takeaways

  • Top takeaway The host frames the combined US and China money supply as growing at a pace similar to the COVID stimulus era, calling it 'full throttle' QE as of the interview.
  • He questions the guest on the 10-year Treasury spike, silver's undervaluation versus copper, and why miners have lagged the metals rally.

Tavi Costa's takeaways

  • Top takeaway Argues that with US debt at World War II-era levels and interest rates out of line with that leverage, policymakers will inevitably turn to monetary dilution — his bottom line is 'none of us own enough hard assets.'
  • Sees $50-$60/oz as the range to accumulate silver as of the interview and expects silver to eventually reach triple digits, with copper's resilience suggesting silver catches up.
  • Considers silver miners arguably even more undervalued than the metal itself, noting that gold, silver and copper supply is constrained and no large new mines are coming online.
  • Points to only about 22% of miners above their 200-day moving average as historically very low, calling it a rare oversold window in what he expects to be a 5-10 year trend.
  • Announces Azuria Capital is live with a fund focused on mining worldwide but weighted toward Latin America, expecting a major push of capital into the region.