In 1975, the Fed raised rates… and gold fell 50%.

Every newspaper in the country wrote the same obituary:

The gold bull is dead.

But gold’s funeral never came. Instead…

What came next was the greatest bull run in modern history.

Gold ran from $100 in 1976 to $850 in 1980…

A 750% gain in less than five years.

Go here to see the parallels between today and the 1970s

Even better, certain gold miners would have absolutely made you rich – even from a tiny stake.

• Carolin Mines: 1,738%
• Eagle River: 3,478%
• Silverado Mines: 3,988%
• Goliath Gold: 7,011%
• And Golden Sceptre: 7,650%

Now, look what’s happening today...

The new Fed chair mentioned he might raise rates…

How are investors reacting?

Like the bull market in gold is over.

It’s the same Fed… the same rate hike fears… and the same crowd screaming gold’s bull market is finished.

They say history doesn't repeat… But it does rhyme.

The folks who panicked in 1975 and sold the bottom… were stricken with regret when gold broke out and ran 750% higher.

While the people who understood the setup… backed up the truck on the best gold miners… and made off with a generational fortune.

Today, this “rhyme” will play out the way it did before.

Gold bull markets don’t end this way.

The pullback is a fakeout – just like in 1975.

The Fed is trapped and cannot raise rates to break inflation. It’s 1975 all over again.

So which investor will you be?

The seller at the bottom...

Or the buyer who saw it coming – and reaped a potential fortune?

My name is Garrett Goggin and my top four picks are already up 1,200% in just the last two years.

It’s why Porter Stansberry, author of the End of America documentary that broke the internet, recently called me:

"THE most knowledgeable gold investor in the world.”

Today, it’s like 1975 all over again – and my four top miners are a strong buy for the rest of this pullback. Don’t waste it.

Go here for details on my top four picks

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

Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story

Author: Chris Markoch. Publication Date: 7/28/2026.

Hasbro Inc. (NASDAQ: HAS) is up about 4.6% in the days since the company reported its Q2 2026 earnings on July 21. The company, known for iconic toys and games such as Monopoly and Play-Doh, delivered a top- and bottom-line beat and raised its second-half guidance. More importantly for investors, Hasbro continued to pay down debt and raised its guidance across the board.

Hasbro's Q2 revenue rose 16% year over year to $1.14 billion. Adjusted earnings per share (EPS) came in at $1.28, roughly flat compared with last year but still ahead of expectations. Given the size of the beat, the muted investor reaction stands out. That gap between fundamentals and price action may be where the opportunity lies.

Wizards of the Coast Drives Record Growth

The Wizards of the Coast and Digital Gaming segment grew revenue 27%, with Magic: The Gathering surpassing $500 million in quarterly revenue for the first time. Secrets of Strixhaven and the record-breaking Marvel Super Heroes crossover drove the surge. Segment operating profit rose 12% to $270 million, even after absorbing a $56 million impairment related to digital games.

Consumer Products Show Surprising Resilience

Consumer Products revenue grew 5%, helped by Star Wars: The Mandalorian and Grogu and momentum in GEM Squared categories. That growth came despite lingering disruption from the unauthorized network access disclosed earlier this year. The segment remained unprofitable, but its adjusted loss narrowed from a year ago. Entertainment revenue fell 20% because of deal timing, making it a smaller and less important part of the overall story.

Raised Guidance Signals Stronger 2026 Outlook

Management didn't just beat the quarter; it also raised its full-year guidance. Revenue growth is now expected to be 5% to 7% in constant currency, up from the previous forecast of 3% to 5%. Adjusted operating margin guidance rose to 25% to 26%, while adjusted EBITDA guidance increased to $1.45 billion to $1.50 billion. Operating cash flow nearly tripled year over year, reaching $604 million. Hasbro used that cash to pay down debt and support its $1 billion buyback authorization.

Despite the guidance raise and record Magic revenue, HAS trades at approximately 14.7 times forward earnings. Analysts covering the stock point to projected earnings and free cash flow growth, suggesting real undervaluation at that multiple. When a company is compounding double-digit revenue growth and expanding margins, a mid-teens multiple looks conservative.

That valuation gap often appears when a stock's narrative hasn't caught up with its numbers. Investors may still see Hasbro as a legacy toy company weathering tariffs and a cyber incident. The underlying business tells a different story.

The "Kidult" Trend Is Fueling Long-Term Growth

Here’s what some investors may be missing about Hasbro: the company’s most important customer today isn't a child. It's an adult collector. Wizards of the Coast, powered almost entirely by Magic: The Gathering and Dungeons & Dragons, now drives the bulk of the company's profit. The average tabletop Magic player is around 35 years old, with a player tenure of more than five years.

That's the "kidult" trend in action: adults with disposable income sustaining a hobby they never outgrew. Magic has posted growth in 15 of the last 17 years, with a 17% revenue CAGR since 2009. This isn't a fad. It's a durable, adult-driven demand engine inside a company that’s still branded around children's toys.

That mismatch between public perception and financial reality is a classic behavioral setup. The market prices Hasbro like a toy company, while an increasing share of its earnings comes from a trading card and tabletop gaming business with cult-like adult loyalty. As that reality becomes harder to ignore, the multiple may need to catch up.

Technical Breakout Points to More Upside

HAS shares have decisively cleared their 200-day moving average near $87.07. The MACD also points to improving momentum, with a rising histogram. That's a bullish setup. Shares are still well off their February high above $105, leaving plenty of room to run if buyers continue defending the 200-day line and the breakout holds.

Analysts See More Than 20% Upside for HAS

As of this writing, the stock has a consensus price target of $109.07, representing an approximately 15% gain from its market close price on July 27. However, after the earnings report, UBS Group reiterated its Buy rating on the stock and maintained a $120 price target, representing more than 20% upside.

Hasbro is checking all the boxes for investors. It’s successfully shoring up its balance sheet while returning cash to shareholders through dividends and buybacks. It also has analysts' support and is heading into the two quarters that are historically its strongest for revenue.