Gold’s breakout is real; the key is choosing the right vehicle for
your risk tolerance. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏
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[Morning Watchlist]

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

GOLD COULD SEE $7,000 NEXT: HERE’S HOW TO TRADE IT

Gold is hitting record highs and the move is no longer a quiet grind.
In late January 2026, gold pushed through the psychologically
important $5,000 level, printing fresh records as investors responded
to a mix of geopolitical risk and macro uncertainty.

That matters because breakouts at round-number levels often shift
investor behavior. When gold is rising steadily, buyers tend to be
patient. When gold starts setting repeated record highs, buyers tend
to move faster... and sidelined capital tends to re-engage.

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

THE BIG CALL: $7,000 GOLD IS NOW ON THE TABLE

Until recently, much of the “bull case” chatter centered around
$5,000 gold as a major upside target. Now, the narrative is
stretching.

*
SAMCO SECURITIES has argued gold could rise toward $7,000/OZ, citing
persistent geopolitical uncertainty, structurally higher fiscal
deficits, resilient central bank demand, and a supportive real
interest rate backdrop.

*
JEFFERIES’ CHRIS WOOD has also floated $6,600/OZ as a reasonable
long-term target, framing it as consistent with historical peaks when
adjusted for income growth.

Will gold hit those levels quickly? No one can promise a timeline.
Gold never moves in a straight line, and sharp rallies are often
followed by sharp shakeouts. But the more important point for
investors is this: THE UPSIDE CASE IS BROADENING, and the market is
now treating gold as more than a short-term fear trade.

WHY MINERS CAN MOVE MORE THAN GOLD

If you want exposure to higher gold prices, you can always buy
physical gold or a bullion ETF. But there’s a reason many investors
pivot to miners during strong gold uptrends:

When gold rises, miners’ revenue per ounce rises immediately, but
many of their costs (labor, energy contracts, long-term capex) adjust
more slowly. That can expand operating margins and free cash
flow—creating a form of EMBEDDED LEVERAGE to gold prices.

The tradeoff is that miners add risks gold itself doesn’t have:
operating performance, jurisdictional risk, reserve replacement, cost
inflation, and equity market volatility. That’s why using
diversified ETFs—rather than a single mining stock—can be a more
controlled way to express the thesis.

With that in mind, here are three practical, diversified ways to
position for further upside.

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

_Decentralized Masters_

THE FED'S IN A SHALLOW CUT CYCLE (HERE'S WHAT WALL STREET'S DOING)
[[link removed]]

The Fed just confirmed rate cuts will continue into 2026.

While retail debates Bitcoin at $95k,
Goldman Sachs and BlackRock are already positioned.

They’re not chasing Bitcoin.

They’re accumulating SUB-$1 “NATIVE MARKET” ASSETS — the
infrastructure behind crypto’s next leg.

Same setup as the last easing cycle…
but with institutional ETFs creating a permanent floor.

👉 SEE WHAT WALL STREET IS BUYING NEXT
[[link removed]]

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

ETF: VANECK GOLD MINERS ETF (SYM: GDX)
THE “BLUE-CHIP MINER BASKET”

If you want broad exposure to established global producers, GDX is
often the first stop.

WHY IT’S USEFUL: GDX holds many of the world’s largest and most
liquid gold miners. That typically means stronger balance sheets,
better access to capital, and more diversified operations than the
average small-cap miner.

COST: VanEck lists GDX’s expense ratio at 0.51%.

WHAT YOU OWN: A diversified portfolio across major gold miners. Recent
holdings data shows top positions including AGNICO EAGLE MINES,
NEWMONT, BARRICK, and WHEATON PRECIOUS METALS among the largest
weights.

HOW TO THINK ABOUT IT:

*
If gold keeps grinding higher, GDX can participate strongly.

*
If gold chops sideways, miners can still perform if margins expand or
costs stabilize—but they can also lag if operating costs rise faster
than realized prices.

*
If the overall equity market sells off hard, miners often get dragged
down with it (even when gold holds up), because they are still
equities.

WHO IT FITS: Investors who want gold-related equity exposure but
prefer the relative stability of larger producers versus
exploration-stage companies.

ETF: SPROTT JUNIOR GOLD MINERS ETF (SYM: SGDJ)
MORE TORQUE, MORE VOLATILITY

If GDX is the “large-cap miner” expression, SGDJ is the
higher-octane version.

OBJECTIVE AND APPROACH: SGDJ seeks to track the SOLACTIVE JUNIOR GOLD
MINERS CUSTOM FACTORS INDEX, focusing on smaller-cap gold companies,
with a rules-based process designed to emphasize certain factor
characteristics (including revenue growth for producers and momentum
for explorers, per the fund description).

COST: Sprott lists SGDJ’s net total expense ratio at 0.50%.

WHY JUNIORS CAN OUTPERFORM IN BULL CYCLES: Junior miners and
developers often react more aggressively to rising gold prices
because:

*
their valuations can be more sensitive to changes in project
economics, and

*
investors re-rate “optionality” when the underlying commodity is
making new highs.

THE RISK: Juniors can also fall much harder during pullbacks.
Liquidity is thinner, financing risk is higher, and single-asset
company exposure is more common. In other words, SGDJ can deliver more
upside torque—but it requires discipline on sizing.

WHO IT FITS: Investors with higher risk tolerance who want amplified
exposure to gold’s upside, but still want ETF diversification rather
than picking a single junior miner.

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

_Edge on the Street_

SILVER'S UP 100%+ AND HITTING HIGHS. SOME SAY THE REAL MOVE STARTS
NOW.
[[link removed]]

Silver's breakout has caught many by surprise - doubling, testing $60,
and showing supply pressures not seen in years. 

As momentum builds, early-stage companies are attracting attention
from institutions and billionaire investors. 

This one is emerging as some believe could benefit early as the trend
continues.

SEE THE EARLY-STAGE STORY RIDING SILVER'S MOMENTUM
[[link removed]]

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

ETF: GLOBAL X GOLD EXPLORERS ETF (SYM: GOEX)
THE “DISCOVERY AND DEVELOPMENT” ANGLE

If your view is that gold’s move is early-cycle and could spark a
renewed investment boom in discovery, GOEX targets companies involved
in gold exploration and development.

OBJECTIVE: Global X states GOEX seeks results corresponding to the
Solactive Global Gold Explorers & Developers index.

COST: GOEX lists a total expense ratio of 0.65%.

HOLDINGS: GOEX’s top holdings include names such as HECLA MINING,
ELDORADO GOLD, NEW GOLD, COEUR MINING, LUNDIN GOLD, and others
(holdings change over time).

DIVIDENDS: GOEX distributes SEMI-ANNUALLY, per Global X. (Note:
explorer-heavy portfolios tend to have less consistent income than
mature miners; distributions can vary year to year.)

WHO IT FITS: Investors who want exposure to the higher-risk,
higher-upside “discovery/development” part of the gold
cycle—again, with the important benefit of diversification.

A SIMPLE WAY TO PICK THE RIGHT TOOL

Think of these three ETFs as a risk ladder:

*
GDX = lower volatility relative to gold equities, large-cap producers,
“core” miner exposure

*
SGDJ = higher torque to gold, junior bias, more volatility

*
GOEX = exploration/development tilt, potentially the most volatile,
most sensitive to risk-on/risk-off swings

If your goal is simply to participate in gold’s uptrend with fewer
single-company risks, many investors start with GDX, then add smaller
allocations to SGDJ or GOEX only if they want more upside convexity.

WHAT TO WATCH NEXT

Even in a bullish environment, gold can correct sharply. The cleanest
tell is not day-to-day headlines—it’s whether gold can HOLD ABOVE
PRIOR BREAKOUT LEVELS (like $5,000) during pullbacks. If it can, the
uptrend remains intact. If it fails decisively, miners—especially
juniors and explorers—can retrace fast.

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

_Banyan Hill Publishing_

ELON MUSK AND THE MOST VALUABLE ROCK IN THE WORLD
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[mystery rock] [[link removed]]

This rock looks ordinary. But inside this rare-earth metal lies the
power to move every Tesla, SpaceX rocket, and Optimus robot on Earth.
The problem? China controls 90% of it. Musk may have just discovered a
way out of this stranglehold….igniting a $3 trillion boom.

WATCH THIS SHOCKING BRIEFING BEFORE MUSK GOES LIVE WITH AN
ANNOUNCEMENT ANY DAY NOW. [[link removed]]

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

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