Ryan Stancil,
Editor
Oct. 30, 2026
It looks like traders have a lot to be afraid of going into Halloween weekend this year, and it has nothing to do with the terrors lurking in the night.
First came the news that, once again, inflation ticked higher.
The Personal Consumption Expenditures index rose 3.6%. This was in line with expectations, but still a bitter piece of news for the market to swallow, as it lends to the expectation that the Fed will raise interest rates in December.
At its meeting this week, the Fed held rates steady in a split decision, but this is essentially like that silent, tense moment in a horror movie before the monster strikes.
And all of this hangs overhead as the nation gets ready to head to the polls for midterm elections next week, where the cost of living is front and center as prices continue to rise with little relief in sight.
All of this is to say that it wouldn’t be surprising if the general sentiment among traders was one of working to simply survive the metaphorical night relatively unscathed with hope that there will be better days ahead sooner than later.
Of course, no one knows for certain how things are going to go or what the future will look like, but there are outcomes that are more likely than others.
The first and most obvious is that the tax loss selling behavior that’s driving a lot of the selling activity will end before the calendar turns over into a new year.
There are also rate hikes to think about. December is likely to see one, but beyond that isn’t nearly as much of a sure thing. When you consider that inflation could be looking at a downward trend early in 2027, that might be the relief traders are looking for.
Those two things combined could lead to the beginning of the kind of environment where precious metals start to recover in price.
Given how far off gold is from its recent highs, it’s easy to lose sight of long-term potential when the short-term pain is so apparent. But the fact that the lows gold and silver have been experiencing are higher than previous lows is one sign that things are trending in a positive direction.
And then you have to consider the fact that while gold and silver have been struggling, copper and uranium have been showing resilience in the face of the volatility.
Without going into too much detail, these two commodities have underlying demand fundamentals that have allowed them to show the kind of fortitude that should give investors some peace of mind.
It’s just a matter of using these opportunities to buy the right names and pay attention to the steps management in those companies are taking to advance projects even when commodity prices are ailing.
This is a strong rule of thumb for any investment, but is especially important for the commodity market that we’re in. With commodities poised to be the assets that will thrive in an increasingly unpredictable market, investing in the right names will mean the difference between falling victim to the erosion of wealth so many are facing and surviving with enough capital to invest another day.
This kind of survival strategy is exactly what Gerardo Del Real talks about in the pages of Junior Resource Monthly. If you want to be on the right side of it, click here to learn more about the steps you need to take.
Keep your eyes open,
Ryan Stancil
Editor, Bizarro World