Equity Long-Short

Mo Aziz

Capital markets veteran with 25 years across sell-side and buy-side research, investor relations, and fund management. Currently publish independent equity research (Mofferies Investment Research, via Smartkarma) spanning semiconductor memory (DRAM/NAND/HBM), foundry, semiconductor equipment and advanced packaging, gold and cross-asset strategy, financials forensics, and APAC IPOs — with a standing watchlist of 190+ companies across 41 countries. Background includes deep aviation-sector expertise (airlines, airports, OEMs, lessors, air cargo, travel/OTAs). Approach centers on identifying cyclical inflection points and mispriced risk across sectors, translated into explicit, actionable calls.

GOLD: US Treasury Is Buying Its Own Bonds to Manage the Curve. Gold Is the Hedge Against the Dollar

GOLD: The Range Broke, The Trigger Fired — Now Only the 200-Day Stands

The US Supports the Yen and Gold Rallies: CONNECTING THE DOTS

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>Gold round-tripped 4,696 to 4,410 as Bessent's expanded buyback failed in public — $5.19bn bought against a $10bn whisper — and Iran forced a liquidity flush into cash and oil.</li>
<li>The selling is mechanical, not fundamental: ETF buying accelerated through the decline while US and Japanese 30-year yields broke to 2004 highs and all-time records respectively.</li>
<li>BULLISH, Fair Value US$4,780 unchanged — now the WGC's own key barrier at US$4,769-4,774. Add zone 4,225-4,283 at the rising 55-day, the WGC's ideal floor.</li>
</ul>


Gold round-tripped 4,696 to 4,410 as Bessent's expanded buyback failed in public — $5.19bn bought against a $10bn whisper — and Iran forced a liquidity flush into cash and oil.
The selling is mechanical, not fundamental: ETF buying accelerated through the decline while US and Japanese 30-year yields broke to 2004 highs and all-time records respectively.
BULLISH, Fair Value US$4,780 unchanged — now the WGC's own key barrier at US$4,769-4,774. Add zone 4,225-4,283 at the rising 55-day, the WGC's ideal floor.


GOLD: Sold for Cash, Not for Cause — The Liquidity Flush Is the Entry