A change in Fed priorities could set the stage for a historic move in gold prices. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  

Morning Watchlist

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Dear Fellow Investor,

This Could Push Gold to $5,000 by Early 2026

Just days after the Federal Reserve delivered another quarter-point interest rate cut, an important shift in tone is emerging from within the central bank—one that could have significant implications for gold investors.

Philadelphia Federal Reserve President Anna Paulson recently stated that unemployment now represents a greater economic risk than inflation. Speaking to CNBC, Paulson noted that she sees “a decent chance that inflation will come down as we go through next year,” a view that opens the door to additional rate cuts in 2025 and potentially beyond.

That change in priorities matters. Historically, falling interest rates and a more accommodative monetary policy environment have been among the most powerful tailwinds for gold. With inflation appearing to cool and labor market risks rising, the Federal Reserve may feel increasing pressure to support economic growth—often at the expense of a stronger U.S. dollar and higher real yields.

Both of those outcomes have traditionally been bullish for gold.


Why Rate Cuts Matter for Gold

Gold does not pay interest or dividends, which means its opportunity cost rises when interest rates are high. Conversely, when rates are cut and bond yields fall, gold becomes more attractive relative to income-producing assets.

In addition, looser monetary policy tends to weaken the U.S. dollar over time. Because gold is priced in dollars, a weaker dollar typically translates into higher gold prices. Investors also tend to increase their exposure to hard assets when they believe central banks are prioritizing growth over price stability.

That backdrop is increasingly relevant today.

Following the Federal Reserve’s latest move, markets are beginning to price in a longer cycle of easing—particularly if unemployment continues to trend higher. Should inflation continue to decelerate as policymakers expect, the Fed may have the flexibility to cut rates more aggressively than previously anticipated.

For gold, that combination has historically been a powerful catalyst.


Banyan Hill

Your Bank Could Change Forever on December 18th

If you have money in a checking or savings account… this could affect you directly.

Treasury warns it could drain $6.6 trillion from traditional banks.

Meanwhile, investors who make the right moves before the wealth transfer begins could make up to 40X by 2032…

Go here for the story — before December 18th hits.


The $5,000 Gold Argument

Gold recently traded at approximately $4,342 per ounce, already reflecting strong investor demand amid geopolitical uncertainty, record central bank buying, and persistent concerns about sovereign debt levels.

However, some of the world’s largest financial institutions believe the rally may be far from over.

Bank of America has publicly stated that gold could reach $5,000 by 2026, citing a combination of rate cuts, fiscal imbalances, and long-term structural demand. JPMorgan analysts are even more precise, projecting gold prices as high as $5,055 within a similar timeframe. HSBC has echoed those expectations, also targeting $5,000 gold by early 2026.

Importantly, these forecasts are not based on speculative enthusiasm alone. They reflect deeper macroeconomic trends, including:

  • Persistent government deficits and rising debt burdens

  • Central banks diversifying away from U.S. dollar reserves

  • Heightened geopolitical risks and supply chain vulnerabilities

  • A gradual shift toward looser monetary conditions globally

In other words, gold’s appeal is being reinforced from multiple directions at once.

Beyond Bullion: Leveraged Exposure Through Gold Stocks

While physical gold tends to benefit directly from rising prices, gold mining stocks often provide leveraged exposure to the metal. As gold prices rise, miners’ revenues typically increase faster than their costs, leading to expanding profit margins and stronger free cash flow.

That dynamic has historically allowed quality gold mining stocks to outperform the price of gold itself during sustained bull markets.

For investors seeking diversified exposure to the sector without taking single-stock risk, gold-focused exchange-traded funds can offer an efficient solution.


Brownstone Research

The End of Elon Musk?

Don't make him laugh.

Jeff Brown has been hearing this same tired story for years, and he's been proven right time and time again.

And now, while the media focuses on Tesla's "demise," he's uncovered an AI breakthrough that's about to make Elon's doubters eat their words yet again.

According to his research, if you listen to the media and miss out on Elon's newest breakthrough, it's going to cost you the fortune of a lifetime.

Click here to see why the "End of Elon" crowd is about to be wrong again.


ETF: VanEck Vectors Gold Miners ETF (SYM: GDX)

The VanEck Vectors Gold Miners ETF is one of the most widely followed gold mining ETFs in the market. It provides exposure to many of the largest and most established gold producers globally, offering liquidity, diversification, and scale.

Top holdings include industry leaders such as Newmont Corp., Barrick Gold, Franco-Nevada, Agnico Eagle Mines, Gold Fields, and Wheaton Precious Metals.

One of the key advantages of large-cap miners is their relatively lower operational risk. Many have diversified asset bases, long reserve lives, and strong balance sheets, allowing them to weather volatility while still benefiting from higher gold prices.

As gold prices rise, these companies often generate substantial increases in free cash flow, which can be returned to shareholders through dividends, buybacks, or reinvestment into high-return projects.

ETF: Sprott Junior Gold Miners ETF (SYM: SGDJ)

For investors with a higher risk tolerance, junior gold miners offer a different type of opportunity. The Sprott Junior Gold Miners ETF focuses on smaller-cap gold companies, many of which are earlier in their development cycle.

SGDJ tracks the Solactive Junior Gold Miners Custom Factors Index, which is designed to emphasize companies with strong balance sheets, quality assets, and favorable operating metrics within the junior mining universe.

While junior miners tend to be more volatile, they can also experience outsized gains during gold bull markets. Rising gold prices can dramatically improve project economics, attract acquisition interest from larger producers, and unlock financing that may have previously been unavailable.

ETF: Global X Gold Explorers ETF (SYM: GOEX)

The Global X Gold Explorers ETF targets companies involved primarily in gold exploration rather than production. These firms are focused on discovering new gold deposits, making them among the most speculative—but potentially rewarding—segments of the sector.

GOEX holds positions in companies such as Coeur Mining, Lundin Gold, Hecla Mining, New Gold Inc., SSR Mining, and Alamos Gold.

Exploration companies are often highly sensitive to gold price expectations. When gold prices rise and investor sentiment improves, capital tends to flow more freely into exploration, increasing the value of high-quality discoveries and early-stage assets.


Wealth Creation Investing Team

2026 Market Shifts Could Redefine Long-Term Investing

2026 is already shaping up to be a pivotal year.

Interest rates are stabilizing, inflation pressures are easing, and investors are rethinking how to position for the next cycle.

That’s why veteran analyst Jim Archer just released his latest Buy & Hold Blueprint — a free educational report revealing one data-backed stock he believes every long-term investor should know this year.

Inside, you’ll discover:
 
• Why “buy and hold” is outperforming market-timing strategies in volatile years like this
• The 2026 stock Jim believes is quietly leading a new era of innovation

👉 [Click here to read the full 2026 Buy & Hold Blueprint]
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Are there any other gold stocks or ETFs that you're buying right now? What other sectors of the market are you currently interested in? Hit "reply" to this email and let us know your thoughts!

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