I’ve spent my career studying the gold cycles…

For the past 20 years I've buried myself in my research...

And what’s unfolding right now in the Persian Gulf is the end of a cycle that will affect the price of gold like nothing before it.

Because Saudi Arabia just abruptly terminated a deal it made with the U.S. back in 1974...

This deal single-handedly controlled the global financial system for the last 50 years.

It was an agreement that Saudi Arabia would sell oil exclusively in U.S. dollars – forcing every country on Earth to hold U.S. Treasuries.

That system has been the foundation of American financial dominance over the past five decades.

There was virtually nothing reported about the end of this agreement...

And at first, nothing changed.

But now the consequences are becoming undeniable...

Saudi Arabia signed a $7 billion currency swap with China… Began settling oil in digital yuan… And joined mBridge, China’s cross-border payment system.

The war in Iran is driving Gulf nations to settle oil deals in yuan...

And tankers are being forced to pay tolls for safe passage through the Strait of Hormuz in yuan, cryptocurrency, or basically any denomination that's not the U.S. dollar...

At both ends of the Persian Gulf the dollar system is being dismantled... even replaced.

This removal of massive global demand for dollars will rewrite the rules of global finance.

Because if oil doesn’t require dollars, the world doesn’t need to hold them.

And when demand for dollars falls… Demand for Treasuries falls with it.

Yields on the US ten-year Treasury are pushing toward the 4.4% danger line — where the system starts to break down.

Falling treasury demand → rising yields → Fed intervention → money printing → the loss of your purchasing power.

That’s the sequence playing out today.

As the dollar pulls back and countries step back from buying more US debt, gold has to reprice higher.

A declining dollar is the single strongest driver of the gold price.

But the best way to play the decline of the US dollar is not to buy physical gold…

There's an alternative way to leverage gold's continued rise...

Using an asset that still trades at an extreme discount relative to gold's current price.

It's like buying gold for pennies on the dollar...

Click here to learn more.

To your wealth,

Garrett Goggin, CFA, CMT
Chief Analyst and Founder, Golden Portfolio

Aeluma's Post-Earnings Dip Creates a Buying Opportunity

Author: Thomas Hughes. First Published: 5/15/2026.

Investors watching Aeluma’s (NASDAQ: ALMU) role in AI and its April stock-price surge had a chance to get in after the fiscal Q3 earnings release. Through no fault of its own, the company missed revenue expectations, which were not especially high to begin with.

Aeluma is still technically a pre-revenue company, with forecast revenue of $1.35 million tied to government contracts. Those contracts were not canceled; rather, they were delayed by government shutdowns that have since been resolved.

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The biggest impact on Aeluma is the delayed start of some projects, but there is no serious impact on its commercialization process.

Aeluma Advances Strategy in Q3: That’s What Matters

The company's commercialization process continues to advance. Q3 highlights included new or expanded partnerships with Tower Semiconductor (NASDAQ: TSEM) and Sumitomo Chemical Advanced Technology (OTCMKTS: SOMMY) for wafer and production. Sumitomo will apply thin-layer compound semiconductor material to existing semiconductor wafers, then send them to Tower Semiconductor for final manufacturing. Because the compound material is applied directly to the substrate to create a hybrid wafer, the output conforms to standard manufacturing processes, enabling a more streamlined, cost-effective, and time-efficient production process.

Aeluma is also positioned to serve a number of end markets, including AI, datacenters, autonomous vehicles, industrial applications, and space. While the company is preparing to manufacture a broad range of photonic products, the current focus is on quantum dot lasers. These lasers offer superior performance, cost, size, and scalability compared with traditional photonic devices and are poised to disrupt the industry. Their primary advantages include temperature stability, tolerance, and lower energy thresholds. Quantum dot lasers function normally at high temperatures, reducing the need for external cooling, tolerate a wider range of defects in the underlying silicon substrate, and use less energy.

Aeluma Stumble Triggers Buying Opportunity

Among the risks for investors is the need for capital and the potential for dilution. The company is well-capitalized in 2026, but that came at a cost, and additional capital may still be required. As it stands, the company has nearly $38 million in cash, which should be sufficient to sustain operations, but its share count has increased by more than 36% over the trailing 12 months. The company will likely raise smaller amounts through share offerings to fund operational milestones in upcoming quarters, but another significant capital raise is unlikely until 2028. Aside from that, the balance sheet is in good shape, with no long-term debt and minimal liabilities.

The impact of the revenue miss and lower guidance on Aeluma’s share price was severe, but traders and investors should take that move with a grain of salt. The roughly 35% correction that followed earnings was directly tied to the strength of the prior run. ALMU stock advanced more than 200% in about five weeks and was overdue for a pullback, regardless of the news. The critical detail was what came next: a buying signal.

ALMU’s stock price opened with a gap down and extended its losses, crossing a critical threshold and triggering a buying frenzy. That threshold is near $23.50, coinciding with the top of a trading range and now a strong technical support level. Support is evident on both the weekly and daily charts, as shown by candlestick formations and elevated trading volume, suggesting ALMU’s uptrend may not be over just yet.

Analyst and institutional data suggest these groups are buying the dip. MarketBeat tracks five analysts with trends showing increased coverage, a firm Moderate Buy rating, an 80% buy-side bias, and a steady price target. That target is interesting because it is about $25, very near the critical support level, and it strengthens the idea that ALMU found a hard floor with the mid-May price plunge. Institutions, meanwhile, own about 25% of the stock and have been accumulating at a pace of approximately $4-to-$1 since the IPO, supporting the bullish trend in early Q2 2026.

Aeluma Has Catalysts Ahead

Upcoming catalysts for Aeluma include the company’s improving customer demand profile. The company noted strengthening demand across the board, with AI helping drive the increase. In its view, hyperscalers and enterprises are looking for long-term solutions that Aeluma can provide. Other catalysts include its growing patent portfolio, now at 36, and the potential for long-term monetization.

The patents cover Aeluma’s manufacturing process and design architecture, cementing its position as a source of heterogeneous semiconductor integration and mass-production techniques that are critical to the semiconductor supply chain.

The biggest risk is adoption. While Aeluma has strong potential and improving end-market demand, no OEM has committed to the product. In this scenario, Aeluma risks another solution taking center stage and disrupting its opportunity. However, the likely outcome is that Aeluma continues to advance its capabilities and eventually secures its first major customer. In that scenario, ALMU’s stock price will likely return to fresh highs.

Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30%

Author: Leo Miller. First Published: 5/6/2026.

Insiders are making interesting moves across key stocks in the semiconductor, space, and consumer discretionary industries. That includes big-time sales at retail favorite AST SpaceMobile (NASDAQ: ASTS), which is raising a red flag for investors, as well as two other notable names.

Marvell Insiders Increase Sales as Shares Soar

Marvell Technology (NASDAQ: MRVL) is an artificial intelligence (AI) stock that has been on a strong run lately. In 2026, Marvell shares are already up more than 90%, thanks to several key developments.

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First, Marvell has largely put to rest rumors that its custom chip business with Amazon.com (NASDAQ: AMZN) was at risk. In addition, the company received a $2 billion investment from NVIDIA (NASDAQ: NVDA), and its technology is now accessible via NVLink Fusion.

That means NVIDIA is essentially allowing customers to more easily pair Marvell components with NVIDIA components. Additionally, rumors have surfaced that Alphabet (NASDAQ: GOOGL) is considering a custom chip partnership with Marvell.

However, amid the stock’s surge, insider selling has risen sharply. From Q1 to Q2, insider sales more than doubled, from $7.85 million to $19 million. Still, it is important to note that more than 75% of those Q2 sales came under pre-determined 10b5-1 plans. As a result, they do not offer much of a near-term bearish signal.

Trades that did not come under a 10b5-1 plan were all made by Executive Vice President Mark Casper. With non-10b5-1 sales limited to one individual, the recent insider activity at Marvell is not especially concerning.

Top AST SpaceMobile Shareholder Cuts Stake Significantly

AST SpaceMobile is one of the more widely discussed stocks among retail investors and has seen significant volatility. Near the end of January 2026, ASTS was up nearly 70% for the year.

The U.S. government awarded AST SpaceMobile a key contract, a major contributor to the stock's rise. The firm can now take part in the Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) project, part of the broader Golden Dome initiative. However, after that strong start, ASTS shares are now in the red for 2026.

Interestingly, Rakuten (OTCMKTS: RKUNY), led by CEO Hiroshi Mikitani, has sold $271 million worth of ASTS shares in Q2. This is a substantial move and ranks among the largest insider sales for AST SpaceMobile in recent memory. Still, it is worth noting that this was a moderate trim rather than an exit from the position. Rakuten reduced its ASTS holdings by approximately 10% and still owns nearly 28 million shares.

However, following these sales, Rakuten no longer owns more than 10% of ASTS shares and is no longer classified as an insider. As a result, Rakuten now reports sales under Schedule 13D filings. A recent 13D shows that its position has fallen to just over 21 million shares. This points to a much steeper decline in its holdings of around 32%. Overall, these are very large sales from one of AST SpaceMobile’s top shareholders and a clear negative signal for the stock.

Insider Sales Rise as e.l.f. Beauty Falls

Last up is e.l.f. Beauty (NYSE: ELF), which has also been volatile in 2026. Shares had risen as much as 24% in late February but are now down more than 15% on the year. The stock’s slide largely coincided with the beginning of the conflict in Iran, and several factors may be contributing to the weakness.

First, rising oil prices tend to hurt discretionary spending, as consumers must pay more for key products like gasoline. In addition, many companies derive their cosmetics from oil. As a result, higher oil prices could negatively affect e.l.f.’s margins.

After tracking no insider sales at e.l.f. in Q1, MarketBeat has tracked $13 million worth of sales in Q2. However, all of these sales came with mitigating factors and therefore do not provide bearish signals. This includes a sale from CEO Tarang Amin, which came under a 10b5-1 plan. All other sales came on the same date: April 27. This appears to have occurred due to the vesting of performance-based restricted stock units (PSUs). Upon vesting, insiders had to sell a portion of these shares to satisfy income tax withholding. In turn, the sales are procedural in nature, and investors should not view them negatively.

Insider Sales: Not an End-All, Be-All

Overall, it is important to recognize that insider sales are often noisy signals and certainly do not always foreshadow a continued slide. Still, the sales at AST SpaceMobile are significant and worth noting. Rakuten still holds around 7.2% of ASTS shares and has been selling aggressively. Should that continue, ASTS could face additional downward pressure.