Gold rips past all-time highs. Yet this has crushed gold in every bull market
for 100 years‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌‌




Oct 5, 2026 | Browser View
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Gold keeps hitting all-time high after all-time high.

Gold bugs are out celebrating. And they should be.

But our gold expert Sean Brodrick saw this coming a long time ago.

In fact, he called gold's run into the $4,000s with uncanny precision.

Yet he's actually excited about something else that could do much, MUCH better
than gold's next surge.

You see, every time gold has a big run, one type of stock goes absolutely
crazy.

For instance, when this happened in the 2000s, gold rose 454%.

Meanwhile, some stocks saw gains like 5,090%, 7,746%, 9,850% and more.

In fact, our team identified 98 different stocks that delivered gains of at
least1,000%.

The most important part?

Now, Sean thinks we're in the early stages of the biggest bull market in gold
yet.
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He's actually found five companies that he believes could deliver the most
explosive gains.
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But the window won't stay open long …

Because when gold moves this fast, these stocks have moved even faster.

See how to access Sean's five top picks to benefit from this gold surge.
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Eliza Lasky
Weiss Advocate

11780 US Highway 1, Palm Beach Gardens, FL 33408-3080 Would you like to edit
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Gold has more than doubled in about two and a half years. But in every big
gold run, one group of stocks has done something gold itself can't.



MARKET TRANSMISSION — Special Report

The Axis Reading · Sun, Oct 4 ► Building BackgroundPressureEscalation
TransmissionContainmentReversal● Structural Shift Axes: Financial · Geopolitical
Gold's long run isn't over. The leverage is in what digs it up.
Beyond the Bar: Why Gold Miners Can Outrun Gold Itself
Gold has more than doubled since early 2024 and set a record above $4,800 this
year. But the most explosive moves in gold bull markets have rarely been in the
metal. They've been in the miners — and the reason is simple math.
The 30-second brief · for agents in a hurry
▸ Op. THE METALGold trades around $4,170 an ounce, after touching a record
$4,873 in the first quarter. In early 2024 it was near $2,000.
▸ Op. THE MARGINThe average miner's all-in cost is about $1,785 an ounce. At
today's price, that leaves roughly $2,390 of margin on every ounce.
▸ Op. THE LEVERMiners' costs stay roughly fixed while the gold price moves.
That's why their profits — and often their shares — move faster than the metal.

File 01
The Math Behind the Leverage



Gold price~$4,170Early October

Q1 record$4,873Set this year

Industry AISC$1,785All-in sustaining cost per oz

Margin per oz~$2,390Price minus cost



If gold rises 10%Gold: about +$417. Costs barely move. Margin per ounce jumps
from about $2,390 to about $2,800 — roughly+17%.

Why it mattersThe miner's profit grows almost twice as fast as the gold price.
For smaller producers with thinner margins, the multiplier can be far larger.

File 02
The Déjà Vu File



Then · The 2000sGold climbed from under $300 to more than $1,800 over the
decade. Many gold miners, especially smaller explorers and producers, rose far
more than the metal itself.

Now · 2026Gold has more than doubled since early 2024 and set a record this
year. Producers are earning margins they've rarely seen.
Where the rhyme breaks: Leverage cuts both ways: after the Q1 peak, the
pullback squeezed miners' margins about 23%. That's exactly why timing and
stock selection matter more with miners than with gold itself.

File 03
Why Gold Is Running

1
A seven-month war with Iran and three U.S. carriers heading to the Gulf.

2
The 10-year Treasury at its highest since 2002 and inflation that the Fed says
is “still too high.”

3
Emergency oil reserves being drained to cap fuel prices.

4
Investors looking for an asset no government can print.

File 04
The Next Catalyst
Oct 27–28 Federal Reserve meeting — real yields and the dollar drive money
into — or out of — gold and miners
Nov 3 U.S. midterms — and the post-election Iran decisions Trump keeps
pointing to

The question gold bulls should be askingOwning gold protects your wealth. But
in every major gold run, the biggest fortunes were made in the companies that
dig it out of the ground — and the window to position before the crowd arrives
has always been short.



At Global Risk Axis, we write for people who think for themselves. Nothing
here replaces your own judgment — regulations prevent us from making it
personal, but that was never the point anyway.

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