Gold’s rally has been impressive by any historical standard, yet one of the world’s largest precious metals investors argues that the most powerful force behind the next leg higher hasn’t even entered the market. According to Ryan McIntyre, Senior Managing Partner at Sprott Inc., institutional capital remains stuck in what he describes as the “orientation phase” of the OODA loop—a military decision-making framework used by fighter pilots under stress. Until that loop advances, gold’s bull market may still be operating well below its full potential. The OODA loop—Observe, Orient, Decide, Act—offers a useful lens for ... (full story)