Veronika Tykhonova @Wise_woman: "𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝗨𝗽𝗱𝗮𝘁𝗲: 𝗖𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝗰𝘆 𝗶𝗻 𝗮..."

Poland

𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝗨𝗽𝗱𝗮𝘁𝗲: 𝗖𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝗰𝘆 𝗶𝗻 𝗮 𝗩𝗼𝗹𝗮𝘁𝗶𝗹𝗲 𝗪𝗼𝗿𝗹𝗱 I am pleased to report that we closed November +1.79%, bringing our total return to a solid +23.5%! 🚀 While the broader markets have been choppy, our diversified macro strategy continues to deliver steady results. What Drove Performance? 🥇 Our high conviction in Gold & Miners ($NEM, $GDX (VanEck Vectors Gold Miners ETF)) was the primary engine this month. As geopolitical tension rises and central banks pivot, these "hard assets" are acting exactly as predicted: protecting capital and generating returns even when tech stocks stall. Recent Move: Buying the Dip in Defense 🛡️ You might have noticed I increased our European Defense positions ($RHM.DE, $BA.L (BAE Systems plc ), $SAF.PA (SAFRAN)) this week. The Situation: The sector pulled back ~10% recently due to short-term profit-taking. The Strategy: We view this as a discount. The re-militarization of Europe is a massive trend for the next decade, regardless of daily news. We are using this drop to accumulate quality assets while others react to noise. The Outlook 🔭 We remain positioned for the "Macro Shift." As interest rates normalize, we expect our Treasury Bonds ( $TLT (iShares 20+ Year Treasury Bond ETF ) ) to rise in value alongside Gold. We are keeping our hedges in place, staying patient, and letting the cycle come to us. Thank you for the trust. Let’s keep growing. 📉📈