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| By Jim Nelson |
One of the market’s least-loved asset classes just had its best week in months.
Since peaking in January, precious metals have been out of favor.
The war in the Middle East hasn’t helped, as countries needed to shift out of gold to pay for rising energy costs.
It didn’t help that this also presented an opportunity for longer-term investors to take some profits after gold’s historic rise the past few years.
There are a lot of other factors at play, too:
- Expectations of where interest rates around the world will head in the second half of 2026.
- The strength of the dollar has ebbed and flowed, especially since the recent Fed meeting.
- The barrage of economic data that shows something different every release.
Those are just some of the catalysts and drivers of gold right now.
But longer term, experts agree it should return to strength.
Rising debts, overinflated markets and geopolitical uncertainty all remain on the horizon.
This week, it looks like tides might have started to turn. There are three ways to play it if this ends up being the case.
Let’s start with a chart:
You can see just how big of a jump gold (in purple) made in the most recent week. After trading flat for most of a month, it spurred back to life.
That’s one very simple way to play it. Just own some gold or the SPDR Gold Shares ETF (GLD) as a proxy.
The second comes from the two other lines.
Major gold miners, represented by the VanEck Gold Miners ETF (GDX) in orange, and junior miners, represented by the VanEck Junior Gold Miners ETF (GDXJ) in blue, both outpaced the yellow metal.
That’s because they are highly leveraged and can see their margins expand rapidly with every change in the price of gold.
You can see that in action above.
So, if you believe gold found a bottom here, either of those would be great additions to a portfolio.
Of course, there are other, alternative ways to play this rebound.
In fact, Chris Graebe found a private investment opportunity that has an unconventional approach to mining for gold … and silver, copper, rare earth metals and more.
And its source could be worth up to $60 billion annually, with concentrations up to 100 times higher than the natural ore those traditional gold miners work with.
The one downside of this third way to play the rebound is that deals like this one close fast — as quickly as just seven hours or less.
Chris just recorded an urgent video with more details.
Your other experts are also busy tracking what’s worth owning right now. Here’s what they are seeing …
What to Do as Warsh Moves the Goalposts Again
The Fed held rates right where they were when they recently met. Nilus Mattive looks at how it can possibly justify that … and what comes next.
The Small-Cap Shift & How to Play It
Gavin Magor timed the shift into small-cap stocks spot on last year. Here’s what he sees now and what to own to play it.
Tin Hasn’t Been This Hot Since the Bronze Age
With gold starting to shine, it’s easy to lose track of base metals. Sean Brodrick has one that didn’t even have a stumble on its way higher this year.
The Long-Term Care Gap Medicare Leaves — And How to Close It
David Phillips discusses one of the biggest expenses in retirement and how to mitigate it.
This Unlikely Innovator Solves the Biggest AI Challenge
Not every breakthrough in the AI Supercycle will come from the Mag 7 or the AI developers. Michael A. Robinson has a company with 100K patents, 1K new product set to be released and that is at the center of AI tech.
Have a great weekend!
Jim Nelson
Managing Editor, Weiss Ratings Daily
