4. Hard assets & reactors

← macro anchor · dollar → bonds → yen → hard assets · data to 2026-10-19

hard assets crowd · via fintwit

Gold

$4,160

4,160

1w -0.5% 2026-10-19

mkt cap $29.77T

Silver

$57.23

57.23

1w +0.4% 2026-10-19

mkt cap $1.10T

BTC my chart

$81,940

81,940

1w -0.1% 2026-10-19

mkt cap $1.65T

WTI

$98.24

98.24

1w -3.1% 2026-10-19

us output $490B/yr

Brent

$109.2

109.2

1w -0.6% 2026-10-19

Brent-WTI

$10.97

10.97

1w +2.52 2026-10-19

Copper

$6.58

6.58

1w +0.8% 2026-10-19

Gold/Silver

72.69

1w -0.9% 2026-10-19

BTC/Gold

19.70

1w +1.0% 2026-10-19

BTC/WTI

834.1 bbl

834.1

1w +3.8% 2026-10-19

G/S value

72.7 vs 68 median

silver is the value side · band 60–79

value read, not a signal

Gold/BTC value

19.7 oz · vs 20.3 60m median

fair · p45 of 60m · band 15–28

value read, not a signal

Break odds

56% high 40% low

gold · 5y base rate

Silver 53/44 · BTC 51/45 · Brent 50/48 · Dow 58/45 · Transports 53/44

our method, not Tom's formula

Weekly range & vol

5.5% gold vol 1y

last wk range 147.3 · diff -35.2

Silver 10.4% · BTC 7.5% · Brent 7.5%

Dow & Transports

+2.1% Dow +1.6% DJT

51,966

Oct MTD · neither near a 52-week high