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| By Jim Nelson |
While the market cracked a new all-time high again this week, gold took its foot off the gas.
Oh, it’s not falling …
It’s just stuck in second gear after its ungold-like near-50% rally over the past 12 months.
Jumping nearly straight up from $2,400 an ounce to over $3,500, its chart went completely flat from April to now.
Our resident resource guru, Sean Brodrick, reminds us that pullbacks and consolidations like this are inevitable and even healthy during long-term rallies.
Just this week, he wrote:
“You know I firmly believe gold is in a multiyear bull market.
“My target is over $6,900 an ounce in the longer term.
“And I believe the yellow metal should top $4,100 next year.”
He also highlighted an important trend in the U.S. dollar that — if broken — could send gold higher even sooner.
We noticed something else that is signaling higher gold … or, at least, higher prices for those who mine the metal.
Four gold miners just became “Buys” in our Weiss stock ratings system.
None of them have been higher than “Hold” for at least a decade.
They aren’t large companies. In fact, the biggest has a market cap of just $4.1 billion.
Consider that the company with the biggest market cap — Nvidia, with $4 trillion — entered the “Buy” club only days earlier!
This shows that even the Weiss Ratings system expects gold’s recent sideways action could end with another rally.
A solid Weiss rating is a good indicator of a stock’s bill of financial health.
But with these smaller miners, there are a couple other key considerations …
Considerations that make Sean’s knack for finding the most profitable precious metals ideas as valuable as the resources themselves.
He recently put together a series of reports you should read.
Watch this to the end to find out how.
Sean isn’t the only busy editor around here. This is what the rest of your experts are looking at …
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10 ‘Big, Beautiful Bill’ Stocks
With the Big, Beautiful Bill in the books, Gavin Magor digs into which stocks are set to profit from its passage. He found 10 “Buys” to act on today.
This Hidden Tech Firm Has a Golden Edge
With Israel’s Iron Dome in the news — and President Trump’s dream of a Golden Dome still on the table — Michael A. Robinson recommends you pick up shares of this hidden tech play at the heart of it.
Have a great weekend!
Jim Nelson
Managing Editor, Weiss Ratings Daily
