Mining Stock Education · Tuesday, October 20, 2026
Resource investor Simon Catt outlines his macro outlook, stating that the current commodity super cycle is driven by the AI CapEx cycle and global rearming. Catt predicts that precious metals are roughly halfway through the cycle and expects gold and silver to reach all-time highs before the end of 2027.
“I think that we are in a commodity super cycle. I think we are, in the case of the precious metals which have led the cycle, we're probably around halfway through, but I think gold and silver will go to all-time highs, and I think they'll do that before the end of next year, end of 2027.”
“this ai capex cycle is youening the most important uh much more important than the china super cycle of the 2000s”