<![CDATA[The 2% Brief]]>https://the2percentbrief.substack.comhttps://substackcdn.com/image/fetch/$s_!nhy4!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F446f04cb-0cc9-43ec-a337-20bcdd9be0f2_80x80.pngThe 2% Briefhttps://the2percentbrief.substack.comSubstackSat, 05 Sep 2026 07:43:51 GMT<![CDATA[The 2% Brief - Inner Circle Weekly Briefing - 30 August 2026]]>https://the2percentbrief.substack.com/p/the-2-brief-inner-circle-weekly-briefinghttps://the2percentbrief.substack.com/p/the-2-brief-inner-circle-weekly-briefingSun, 30 Aug 2026 18:00:08 GMTBefore listening to today’s Inner Circle briefing, I recommend watching the earlier free 2% Brief first, as it sets up the market backdrop and the key contradiction we explore in more depth here.

Watch: The Fed Just Sent a Warning - But Markets Did the Opposite

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]]><![CDATA[The 2% Brief Inner Circle Podcast: 23.08.26]]>https://the2percentbrief.substack.com/p/the-2-brief-inner-circle-podcasthttps://the2percentbrief.substack.com/p/the-2-brief-inner-circle-podcastSun, 23 Aug 2026 12:02:44 GMTThis week’s Inner Circle Weekly Brief goes beyond yesterday’s public 2% Brief to examine what the bond-market warning is now telling us across the wider market.

We look at Brent approaching $95, pressure on the US consumer, the extraordinary borrowing required to finance the AI boom, gold above $4,600, the weaker dollar, Nvidia’s crucial results on Wedne…

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]]><![CDATA[The 2% Brief - Inner Circle Weekly Audio - 16.08.26]]>https://the2percentbrief.substack.com/p/the-2-brief-inner-circle-weekly-audio-464https://the2percentbrief.substack.com/p/the-2-brief-inner-circle-weekly-audio-464Sun, 16 Aug 2026 11:49:14 GMTBefore listening to this week’s Inner Circle briefing, I recommend watching yesterday’s 2% Brief video first. It sets out the three main risks now confronting markets - oil, bond yields and the weakening US consumer - and provides the background for today’s deeper analysis.

Watch here:
Stock Market Near Record Highs - What Could Break the Rally?

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]]><![CDATA[Inner Circle Briefing - 9 August 2026: Markets Are Pricing Out the Risk. Are They Too Early?]]>https://the2percentbrief.substack.com/p/inner-circle-briefing-9-august-2026https://the2percentbrief.substack.com/p/inner-circle-briefing-9-august-2026Sun, 09 Aug 2026 17:11:56 GMTBefore you press play, watch this week’s public video if you haven’t already — Weak Jobs, Record Highs: Has the Fed Lost the Argument?

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]]><![CDATA[Inner Circle Briefing - 2nd August 2026 ]]>https://the2percentbrief.substack.com/p/inner-circle-briefing-2nd-augusthttps://the2percentbrief.substack.com/p/inner-circle-briefing-2nd-augustSun, 02 Aug 2026 17:29:40 GMTWelcome back to the Inner Circle - this briefing goes deeper than today's public video.
If you haven't already, watch that video first: "Has the Fed Lost Control?"

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]]><![CDATA[The PDF Is Here - Companion to Today's Audio]]>https://the2percentbrief.substack.com/p/the-pdf-is-here-companion-to-todayshttps://the2percentbrief.substack.com/p/the-pdf-is-here-companion-to-todaysSun, 26 Jul 2026 18:06:19 GMTQuick follow-up - the full written briefing that goes with today’s Inner Circle audio is now attached below. It covers the same ground in more depth: the exact levels I’m watching on gold, silver and oil, the three scenarios for the week ahead, and the practical watchlist through Wednesday’s Fed decision.

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]]><![CDATA[Inner Circle 26.07.26 Briefing: Oil's First Off-Ramp, a Split Fed]]>https://the2percentbrief.substack.com/p/inner-circle-260726-briefing-oilshttps://the2percentbrief.substack.com/p/inner-circle-260726-briefing-oilsSun, 26 Jul 2026 18:01:15 GMTFor paying members only - do not share or distribute.

START HERE: WATCH THIS WEEK’S VIDEOS FIRST

Before reading or listening to this briefing, please watch this weekend’s two videos if you haven’t already. They’re the public-facing story; this briefing goes further — the levels, the scenarios, and the signals I’m watching this week.

Saturday: “Oil Hits $10…

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]]><![CDATA[Inner Circle Weekly Briefing - US Troops Killed and Kuwait Oil Facility Struck]]>https://the2percentbrief.substack.com/p/inner-circle-weekly-briefing-us-troopshttps://the2percentbrief.substack.com/p/inner-circle-weekly-briefing-us-troopsSun, 19 Jul 2026 14:57:31 GMTBefore listening to this week’s Inner Circle briefing, please watch yesterday’s public market video:

Silver Sinks as Oil Surges 16% - Is the Fed Now Trapped?

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]]><![CDATA[Inner Circle Weekly Briefing: Hormuz Escalates, Oil Takes Control]]>https://the2percentbrief.substack.com/p/inner-circle-weekly-briefing-hormuzhttps://the2percentbrief.substack.com/p/inner-circle-weekly-briefing-hormuzSun, 12 Jul 2026 18:48:29 GMTYesterday’s public video covered the full market board, including silver’s sharp fall back below $60, gold’s weakness, oil’s surge and the growing pressure from inflation and interest rates.

Watch it here:

Silver Crashes Back Below $60 - Is Oil About to Break the Market?

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]]><![CDATA[Silver's Rebound, the Jobs Shock, and the Hormuz Standoff]]>https://the2percentbrief.substack.com/p/silvers-rebound-the-jobs-shock-andhttps://the2percentbrief.substack.com/p/silvers-rebound-the-jobs-shock-andSun, 05 Jul 2026 18:07:55 GMTWelcome back to the Inner Circle.

Before you press play, watch yesterday’s video first if you haven’t already - it’s this week’s main market briefing and sets up everything this audio update builds on:

Silver Surges 5.9% - Is The Economy Starting To Crack?

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]]><![CDATA[Silver’s Warning, the Dollar Test, and the Hormuz Risk]]>https://the2percentbrief.substack.com/p/silvers-warning-the-dollar-test-andhttps://the2percentbrief.substack.com/p/silvers-warning-the-dollar-test-andSun, 28 Jun 2026 19:48:02 GMTTonight’s Inner Circle audio briefing is now ready.

Before listening, I strongly suggest watching yesterday’s public video first, as it sets up the main context for this briefing:

Silver Just Fell 9% - Is a Bigger Drop Coming?

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]]><![CDATA[Silver Breaks $60 — Today’s Dollar Warning]]>https://the2percentbrief.substack.com/p/silver-breaks-60-todays-dollar-warninghttps://the2percentbrief.substack.com/p/silver-breaks-60-todays-dollar-warningWed, 24 Jun 2026 14:38:06 GMTSilver has now broken below $60.

Gold is close to $4,000, platinum is lower, oil is falling, and the Dollar Index is sitting around 101.7.

The 2% Brief is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

That means today’s move is no longer just about precious metals weakness. The dollar has become the pressure point.

Yesterday’s video explained why gold below $4,100 and silver below $65 were warning levels. Today, those levels have moved further, and Thursday’s PCE inflation reading is now the next major test.

A softer PCE number may give metals some relief. A hotter number could push the dollar higher and deepen the pressure.

I’ve just published a short update here:

👉 Silver Breaks $60 — The Dollar Is Now the Problem

Regards

Richard

The 2% Brief is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

]]><![CDATA[Inner Circle Weekly Audio — 21 June 2026: Gold, Silver and the Broken Deal Risk]]>https://the2percentbrief.substack.com/p/inner-circle-weekly-audio-21-junehttps://the2percentbrief.substack.com/p/inner-circle-weekly-audio-21-juneSun, 21 Jun 2026 18:01:05 GMTThe Inner Circle weekly audio briefing is attached to this post.

Before listening, I suggest watching yesterday’s YouTube video first, as it sets out the wider market framework behind this week’s update:

Watch yesterday’s video here:

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]]><![CDATA[I'd like your opinion on something]]>https://the2percentbrief.substack.com/p/id-like-your-opinion-on-somethinghttps://the2percentbrief.substack.com/p/id-like-your-opinion-on-somethingTue, 16 Jun 2026 20:37:15 GMTHere it is:

Title: I’d like your opinion on something

The 2% Brief is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Subtitle: A quick question from me — it’ll take 30 seconds

I’m going to keep this short.

You signed up to The 2% Brief because something about the macro picture - or precious metals specifically - matters to you. I’d like to understand that better.

Two quick questions:

1. What’s your biggest financial concern or question right now - the thing you’d most like clarity on?

2. What would make joining the Inner Circle (my paid Sunday deep dive) an easy yes for you?

I’m not going to pitch you. I’m asking because the answers genuinely shape what I write and what I build next - including a free resource I’m putting together for all subscribers shortly.

Just hit reply. Two sentences is plenty.

Richard
The 2% Brief

The 2% Brief is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

]]><![CDATA[Gold Rebounds Before the Fed -Inner Circle Written Brief]]>https://the2percentbrief.substack.com/p/gold-rebounds-before-the-fed-innerhttps://the2percentbrief.substack.com/p/gold-rebounds-before-the-fed-innerMon, 15 Jun 2026 18:05:03 GMTApologies again for the disruption over the weekend. The internet connection at my block was down throughout the weekend, which meant I could not produce and upload the usual Inner Circle audio briefing in the normal way.

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]]><![CDATA[Inner Circle Briefing — Gold Falls, Silver Crashes: Reset or Warning? | Week of 7 June 2026]]>https://the2percentbrief.substack.com/p/inner-circle-briefing-gold-fallshttps://the2percentbrief.substack.com/p/inner-circle-briefing-gold-fallsSun, 07 Jun 2026 18:10:25 GMTThis week’s report covers the sharp moves in gold and silver following Friday’s jobs report, the key levels to watch, why Wednesday’s CPI is the most important data point of the week, and three clear scenarios - constructive, mixed and warning - for the week ahead.

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]]><![CDATA[Gold Falls, Silver Crashes — Reset or Warning?]]>https://the2percentbrief.substack.com/p/gold-falls-silver-crashes-reset-orhttps://the2percentbrief.substack.com/p/gold-falls-silver-crashes-reset-orSun, 07 Jun 2026 18:01:15 GMTThis week’s Inner Circle audio briefing is now available above.

Friday’s jobs report - 172,000 against expectations of 85,000 - changed the interest rate story in a single morning session. Gold fell nearly 4% on the week. Silver crashed close to 9% in a single session. The question this week is whether that was a sharp reset inside a bigger bull market, …

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]]><![CDATA[Gold Falls, Silver Crashes -And Bitcoin May Be the Next Clue]]>https://the2percentbrief.substack.com/p/gold-falls-silver-crashes-and-bitcoinhttps://the2percentbrief.substack.com/p/gold-falls-silver-crashes-and-bitcoinSat, 06 Jun 2026 20:18:12 GMTGold has fallen sharply, but silver has been hit even harder.

That matters because silver is not only a precious metal. It is also tied to liquidity, industrial demand, risk appetite and wider market confidence. When silver falls harder than gold, it can sometimes tell us that the market is not just adjusting one asset class - it may be repricing risk more broadly.

The 2% Brief is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

I have just published a new video looking at what changed, why silver was hit so hard, and what this may be saying about the market before the next round of inflation data.

You can watch it here:

Gold Falls, Silver Crashes — What Changed?

Tomorrow I will also be looking at the wider signal across silver, gold and Bitcoin.

That matters because Bitcoin is now flashing extreme fear, while precious metals are also under pressure. This does not mean all three assets are the same. They are not. But when silver, gold and Bitcoin all start reacting to the same pressure at the same time, it raises an important question:

Is this just a short-term shakeout - or is the market starting to reprice liquidity again?

That will be the focus of tomorrow’s free video.

Then, in the evening, I will go deeper for Inner Circle members, looking at the key levels, possible scenarios, and what I think matters most from here.

For now, today’s video sets out the first part of the argument.

Regards

Richard

The 2% Brief is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

]]><![CDATA[Inner Circle PDF: Gold Rises, Silver Slips - The Levels That Matter Next]]>https://the2percentbrief.substack.com/p/inner-circle-pdf-gold-rises-silverhttps://the2percentbrief.substack.com/p/inner-circle-pdf-gold-rises-silverSun, 31 May 2026 18:31:04 GMTThe written PDF version of today’s Inner Circle briefing is now available.

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]]><![CDATA[Inner Circle Briefing: 31.05.2026 - Gold Rises, Silver Slips - The Levels That Matter Next]]>https://the2percentbrief.substack.com/p/inner-circle-briefing-31052026-goldhttps://the2percentbrief.substack.com/p/inner-circle-briefing-31052026-goldSun, 31 May 2026 18:15:58 GMTThis week’s Inner Circle audio briefing builds on today’s public YouTube video, “Gold Is Rising. Silver Is Slipping. Something Doesn’t Add Up.”

Please watch the video first here:

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