It feels like 2025 has been a tough year for investors. But that’s only partially true…

U.S. stocks have been on a tumultuous ride. We’ve seen a brutal decline… followed by an incredible rally. Today, the S&P 500 Index is up 4% year to date.

Earning that 4% took a lot of mental fortitude. But if you invested outside of U.S. stocks, it has been an easier, much more rewarding ride…

Emerging market stocks are up double digits in 2025. Developed markets outside the U.S. are up nearly 20% as a group. And gold has rallied roughly 30%.

The massive gold rally has also created a rare situation. The metal’s price recently hit one of its highest levels ever compared with silver. And according to history, that means silver is set to soar from here.

Let me explain…