Willem Middelkoop: Largest Geopolitical Shift Since WW2

Willem Middelkoop, founder of Commodity Discovery Fund, discussed navigating today’s volatile markets amid historic geopolitical shifts, likening current global tensions to the end of World War II. He sees these uncertainties—spanning U.S.-China rivalry and civil unrest—as driving gold’s surge, fuelled further by central bank buying and a faltering dollar. “I’ve been talking about revaluation of gold for the last 15 years,” he said, tying it to his long-held thesis from The Big Reset, published in 2014, and signalling a massive gold uptrend just beginning.

Middelkoop outlined his fund’s strategy, thriving despite a 15-year bear market by targeting undervalued ounces in the ground, like copper and uranium projects, over physical bullion. He highlighted bets on world-class discoveries, such as owning over 5% of Hercules Metals, and stressed patience for long-term gains. “We really should focus on the world-class stories and stay in almost forever,” he stated, emphasizing a disciplined approach that’s yielded steady inflows from loyal investors, even in tough times, as he anticipates a coming bull market.