A shifting Fed narrative may be the green light gold bulls have been
waiting for. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏
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 ͏  ͏  ͏



 

[Morning Watchlist]

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Dear Fellow Investor,

GOLD COULD EASILY RALLY TO $5,000 IN EARLY 2026

Gold is hitting record highs, and the conversation is quickly shifting
from “Why is it rising?” to “How far can it run?”

Just days after the Federal Reserve cut interest rates by another
quarter point, Philadelphia Federal Reserve President Anna Paulson
highlighted a change in emphasis that markets pay close attention to:
unemployment may now be the bigger threat than inflation. If the labor
market weakens, the Fed has historically moved faster and more
decisively to support growth.

“That’s partly because I see a decent chance that inflation will
come down as we go through next year,” the central banker said, as
quoted by CNBC.

If inflation continues to cool while growth shows cracks, the path of
least resistance for policy may be lower rates. For gold, that
matters. Gold does not pay interest, so it tends to look more
attractive when yields decline, especially when _real_ yields (yields
after inflation) fall. Put simply: when cash and bonds pay less in
inflation-adjusted terms, the “opportunity cost” of owning gold
drops.

With gold last trading at $4,342.81, some analysts are already arguing
that $5,000 GOLD is plausible in the new year, and potentially
achievable in early 2026. That may sound aggressive, but it becomes
easier to understand when you consider how gold behaves in the later
stages of monetary easing cycles, and how quickly investor positioning
can change when momentum turns.

-------------------------

WHY THE NEXT MOVE COULD BE HIGHER

Several forces can work together to push gold higher, sometimes faster
than investors expect:

1) A LOWER-RATE ENVIRONMENT CAN BE A TAILWIND.
Gold often responds to expectations for rate cuts, not just rate cuts
themselves. If markets start pricing a sequence of easing steps,
especially if the Fed signals it is more concerned about employment
than inflation, gold can re-rate higher as investors anticipate weaker
real yields and a potentially softer U.S. dollar.

2) THE “RISK PREMIUM” IS BACK IN FOCUS.
Gold tends to benefit when investors want portfolio insurance,
whether that’s due to economic slowdown risk, geopolitical
uncertainty, financial system concerns, or volatility in equities and
credit. The point isn’t that any one risk must materialize. It’s
that when risks feel _less predictable_, demand for hedges tends to
rise.

3) CENTRAL BANK AND INSTITUTIONAL DEMAND CAN TIGHTEN THE MARKET.
Gold is a relatively small market compared to global bonds and
equities. Incremental buying, by official institutions, large funds,
or retail investors via ETFs, can have an outsized impact. When demand
increases at the margin, price can move sharply because supply is slow
to respond.

4) MOMENTUM CAN BECOME SELF-REINFORCING.
New all-time highs tend to attract attention, headlines, and new
capital. If investors who missed the move try to “catch up,” price
can rise faster than fundamentals alone would suggest. In those
periods, gold mining stocks and junior miners often show even more
volatility, both up and down.

-------------------------

_Banyan HIll Publishing_

BUFFETT, GATES AND BEZOS DUMPING STOCKS
[[link removed]]

Over the past several months, we've noticed a troubling pattern:

Warren Buffett has liquidated $6.8 billion in stocks. 

Bill Gates has sold off 500,000 shares of Microsoft. 

And Jeff Bezos filed to sell Amazon shares worth $4.8 billion. 

What is going on? 

One multi-millionaire believes they are preparing for a catastrophic
event… 

But not a crash… or a bank run… or even a recession.

He says, we’ve entered something called a “Terrifying Bull
Market.” 

Jeftovic recently revealed which corner of the market these
billionaires are favoring now and how everyday Americans can follow
their lead before it's too late.
FOR HIS FULL BRIEFING, CLICK HERE.
[[link removed]]

-------------------------

WHAT $5,000 GOLD COULD MEAN FOR INVESTORS

If gold pushes toward $5,000, it likely won’t be a straight line.
Gold can be volatile, and sharp pullbacks are common even in strong
bull trends. But if the broader direction remains higher, investors
have multiple ways to express the view - each with different risk and
return characteristics:

*
PHYSICAL GOLD for direct exposure and long-term portfolio insurance

*
MAJOR GOLD MINERS for operational leverage to higher prices

*
JUNIOR MINERS AND EXPLORERS for higher-risk, higher-torque upside

*
ETFS to diversify single-stock risk and simplify access

In general, mining equities can outperform bullion in strong upswings
because higher gold prices can expand profit margins and free cash
flow. However, miners also introduce new risks: operational issues,
cost inflation, permitting/regulatory surprises, and broader
equity-market drawdowns.

THREE GOLD ETFS TO KEEP ON YOUR RADAR

Below are three ETF approaches that can provide diversified exposure
across the gold mining spectrum, from established producers to
earlier-stage explorers.

ETF: VANECK VECTORS GOLD MINERS ETF (SYM: GDX)

If you want broad exposure to large, established gold miners, GDX is a
go-to vehicle. It holds many of the industry’s global leaders,
including NEWMONT CORP., BARRICK GOLD, FRANCO-NEVADA, AGNICO EAGLE
MINES, GOLD FIELDS, AND WHEATON PRECIOUS METALS, among others.

Why GDX can matter in a rising-gold environment:

*
SCALE AND LIQUIDITY: Easier to trade and typically less fragile than
small caps.

*
OPERATIONAL LEVERAGE: Higher gold prices can flow into margins and
cash flow.

*
DIVERSIFICATION ACROSS PRODUCERS: Reduces single-mine and
single-jurisdiction risk.

That said, large miners can underperform during risk-off equity
selloffs, even when gold holds up. If you’re using GDX, it helps to
treat it as an equity allocation with commodity sensitivity—not a
perfect substitute for bullion.

-------------------------

REVEALED: AMERICA JUST UNLOCKED A $500 TRILLION ASSET
[[link removed]]

Everyone's talking about AI stocks but almost no one is talking about
what AI actually runs on.

Nickel. Copper. Cobalt. Manganese.

America just secured exclusive rights to the largest untapped supply
on Earth.

One company is already in position and this could be one of the most
important AI infrastructure plays heading into 2026.

THE NAME AND TICKER ARE AVAILABLE HERE NOW >>>
[[link removed]]

-------------------------

ETF: SPROTT JUNIOR GOLD MINERS ETF (SYM: SGDJ)

For investors seeking more torque, SGDJ targets smaller-cap gold
companies via the SOLACTIVE JUNIOR GOLD MINERS CUSTOM FACTORS INDEX.
Junior miners can move dramatically when gold sentiment turns bullish
because investors begin to price in growth, optionality, and improved
access to financing.

Why juniors can outperform:

*
GREATER UPSIDE SENSITIVITY: Smaller companies often re-rate faster
when the cycle improves.

*
OPTIONALITY EFFECT: Projects that looked marginal at lower gold prices
can become viable.

But the risk profile is meaningfully higher:

*
FINANCING/DILUTION RISK: Juniors may issue shares to fund operations
and development.

*
HIGHER VOLATILITY AND DRAWDOWNS: Swings can be sharp, and liquidity
can dry up quickly in risk-off markets.

SGDJ can be a useful satellite position for bullish investors—but it
generally requires stricter position sizing and a stronger stomach for
volatility.

ETF: GLOBAL X GOLD EXPLORERS ETF (SYM: GOEX)

GOEX focuses on companies involved in GOLD DEPOSIT EXPLORATION. Some
of its holdings include COEUR MINING, LUNDIN GOLD, HECLA MINING, NEW
GOLD INC., SSR MINING, AND ALAMOS GOLD. GOEX also pays a SEMI-ANNUAL
DIVIDEND, which can be an added consideration for income-oriented
investors.

Why GOEX is distinct:

*
EXPLORATION AND DISCOVERY EXPOSURE: If the market rewards new
resources and growth pipelines, explorers can benefit.

*
EARLY-CYCLE TORQUE: Explorers can move ahead of confirmed cash-flow
improvements.

Exploration exposure also means:

*
HIGHER PROJECT UNCERTAINTY: Discoveries take time and may not convert
to production.

*
SENSITIVITY TO RISK APPETITE: Explorers can suffer when capital
markets tighten.

A PRACTICAL WAY TO APPROACH A BULLISH GOLD THESIS

If you believe the $5,000 scenario is plausible, consider structuring
exposure rather than making a single all-in bet:

*
CORE + SATELLITE: Use a steadier core (physical gold or a broad miner
ETF like GDX) with smaller satellite positions (SGDJ/GOEX) for upside
torque.

*
STAGGER ENTRIES: Gold-related assets can gap and reverse quickly.
Layering in over time can reduce timing risk.

*
DEFINE RISK UP FRONT: Decide what would invalidate your thesis (e.g.,
meaningfully higher real yields, a sharp USD rally, or a decisive
hawkish pivot).

*
RIGHT-SIZE JUNIORS: If you use junior/explorer exposure, keep
allocations modest relative to your core.

-------------------------

_Crypto 101_

WHAT THE CRYPTO BOUNCE IS REALLY OFFERING
[[link removed]]

Let's be honest… most everyday investors didn't buy the bottom.

When crypto prices were at their lowest, fear was at its highest.

So forget the bottom. It's gone.

What matters now is that the recovery is creating a second opportunity
that's almost as good… maybe better, because now we have
CONFIRMATION.

The crash revealed exactly which cryptos have real staying power.
Speculation got flushed out. 

What's left is fundamentals.

One crypto in particular is showing a setup I've seen lead to runs
like 8,600% on OCEAN... 3,500% on PRE... 1,743% on ALBT.

Strong on-chain data. Growing network. Active development. All while
still trading well below where it should be.

YOUR SECOND CHANCE COULD BE HERE… GET THE DETAILS HERE NOW BEFORE
THE WINDOW CLOSES.
[[link removed]]

-------------------------

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"reply" to this email and let us know your thoughts!_

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