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.

The Treasury Put, Financial Stability and the Road to Fiscal Dominance

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

Priced for a Japan That Has Not Existed Since 1991, Long the 30-Year JGB at 4.16%

GOLD: Five Weeks at US$4,000 Through a 38% Oil Shock. The Sellers Are Done.

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

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

Event-Driven

<ul>
<li>Gold ran 4,400 to 4,634 in two weeks, taking the 200-day gate and its third straight weekly gain, as US debt crossed US$40 trillion.</li>
<li>Ray Dalio warns of a debt crisis within roughly three years, debt service near 200% of revenue — reframes Bessent's US$4bn buybacks as a crisis symptom, not a fix.</li>
<li>
<strong>BULLISH on Gold, Fair Value US$4,780 unchanged:</strong> The upside is fairly close and therefore wait for pullbacks or profit taking trades and then build positions.</li>
</ul>


Gold ran 4,400 to 4,634 in two weeks, taking the 200-day gate and its third straight weekly gain, as US debt crossed US$40 trillion.
Ray Dalio warns of a debt crisis within roughly three years, debt service near 200% of revenue — reframes Bessent's US$4bn buybacks as a crisis symptom, not a fix.

BULLISH on Gold, Fair Value US$4,780 unchanged: The upside is fairly close and therefore wait for pullbacks or profit taking trades and then build positions.


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