Stefan Rust - Buzzberg

Date	Ticker	Direction	Thesis	Source
Feb 18, 2026	COMMODITIES /GOLD /SILVER /ENERGY	LONG	While general CPI is trending down (<1% per Trueflation), specific categories like "rare earths, energy, battery materials, gold, and silver" are moving upwards drastically. The AI and tech build-out requires massive physical resources (energy for compute, metals for hardware). Even in a deflationary consumer environment, the industrial input costs for the next tech cycle are rising. LONG. Hard assets hedge against both monetary debasement and the specific supply chain demands of the AI boom. A global recession suppresses industrial demand.	Unchained (Chopping Block) Why $700 Billion in AI CapEx Could Be the Nex...
Feb 18, 2026	UNI /DEFI INFRASTRUCTURE	LONG	Institutions are moving on-chain despite low token prices. BlackRock is using Uniswap X; Apollo is acquiring Morpho tokens. Smart money is buying the "rails" and protocols during the bear market. The utility of swapping tokenized assets (e.g., JPM Coin for Mercado Libre Coin) will occur on decentralized exchanges like Uniswap. LONG. Institutional validation provides a floor, and future tokenized asset volume will drive protocol revenue. Continued regulatory hostility towards DeFi interfaces.	Unchained (Chopping Block) Why $700 Billion in AI CapEx Could Be the Nex...