Over the last 12 months, markets and commodities have delivered results that no one expected.
| Asset/ Market | Approx. Return (%) 1 year Return | Asset/ Market | Approx. Return (%)1 year Return |
| Gold | +70% to +75% | China (CSI 300) | +18% to +20% |
| Silver | +148% to +150% | US Market (S&P 500) | +16% to +18% |
| MCX Copper (India) | +60.0% to +62.8% | South Korea (KOSPI) | +75% to +80% |
| Bitcoin | 0.13% | Japan (Nikkei 225) | +27% to +30% |
| USD to INR Growth | 4.30% | India (Nifty 50) | +10% to +11% |
Assets once ignored like gold and silver have delivered extraordinary returns, while some popular investments have barely moved. What was out of focus two years ago is now the centre of attention, driven largely by fear and uncertainty rather than fundamentals.
Gold may protect value, but it does not create growth. We can live without gold, but not without the products and services we use every day. Real economic progress comes from production, infrastructure, manufacturing, and consumption. We will not stop buying cars, using electronics, transportation, digital and financial services. Healthcare and food remain essential for survival. These industries ultimately build economies and drive long term growth.
Most investors chase popular assets, but real wealth is created by investing when fear is at its peak. Nobody wanted Bitcoin in 2023 after it crashed 77 percent from its high. Nobody wanted silver after its 76 percent fall from the 2011 peak. It took 14 years to break even. Today, fear dominates equity markets as well.
Political uncertainty, shifting policies, and global tensions have created confusion for investors, corporates, and governments. Do not overanalyse fear. Global tensions and uncertainties will always exist, but sanity eventually prevails. Businesses continue to operate, innovate, and grow. Consumption will not stop. Invest in businesses that produce real products and real services.
Take a step back and understand the pitfall of social media. They create greed and panic among the investors. Right now greed is been sold towards precious metals and panic is sold towards equity markets.
Trends like this doesn’t sustain. In times of panic, crowds hesitate. Those who understand accumulate and build wealth. Invest in sectors like technology, infrastructure, FMCG, pharmaceuticals, defence, banking and etc for long term vision and growth.
