Gold pulled back amid rising rates and a stronger dollar, but history shows volatility is typical in crises. Strong margins leave miners well positioned if gold stabilizes or moves higher.

The Moat Index added NVIDIA, Broadcom and new names following its quarterly review, as tech dislocations created opportunity, while maintaining a value tilt and notable discount to fair value.

U.S. equity markets shifted from a sector rotation driven by AI disruption fears to a broad sell-off fueled by geopolitical shocks in Iran and a surprisingly weak jobs report, raising stagflation concerns.

We address questions investors may have about Shawn Reynolds stepping back and Sam Halpert and Geoff King taking over as Co-Portfolio Managers for the VanEck Global Resources Fund.