The Wealth Preservation Policy
Why owning gold isn’t speculation: it’s protection.
Quote of the week
“I can assure you that whether we have CBDC or a great reset, or whether we inflate our way out, no matter what happens in this next disastrous turning point, gold will go higher and it will hold your purchasing power and preserve your wealth better than any fiat money in the world… that I’m absolutely confident in saying.”
Our take: This cuts straight to gold’s core value proposition. It’s the ultimate hedge against monetary chaos. Whether central banks roll out digital currencies, governments inflate their way out of debt, or we face coordinated economic restructuring, gold remains the constant. The play: Allocate to physical gold and high-quality producers as protection against the monetary chaos already unfolding.
Chart Of The Week
Gold surged above $4000 per ounce this week, fueled by safe-haven demand amid the U.S. government shutdown and record central bank purchases. Turkey added 17 tonnes, India added 14 tonnes, and China continued its nine-month buying streak. ETF inflows hit roughly 9-10 billion dollars in September alone, which was the largest monthly inflow on record. Meanwhile, speculation around Federal Reserve rate cuts and a weaker dollar added fuel to the rally. Prices retreated slightly as profit-taking emerged, following the rapid rally driven by both institutional buyers and algorithmic traders.
Gain of The Week
This week’s “gain” is actually a loss… for now. Despite gold breaking to all-time highs, Newmont is down around 3.5% for the week. The disconnect is glaring.
But here’s the thing: this is healthy. After a massive run-up in gold, profit-taking is a natural behaviour in a bull market. Traders lock in gains, the stock consolidates, and the setup improves. Newmont is already rebounding, up over 1% on Friday alone. But the real story drops on October 23rd with Q3 earnings.
That’s when the numbers speak for themselves. Higher realized gold prices, expanding margins, and stronger cash flow will show up in black and white. If Newmont delivers, the profit-takers will be buying back in at higher prices.
Bottom line: Short-term weakness after a big rally is textbook bull market behavior. Earnings on October 23rd will prove whether the pullback was noise or signal. Watch closely.
With gold and silver hitting record highs, investors face a critical question: hold or sell? Commodity University is hosting a special 90-minute Mastermind on Tuesday, October 15th at 5 pm PST. Featuring renowned experts Adrian Day and Lobo Tiggre, who will cut through the noise and help you navigate what’s next in the precious metals market.
This intimate session will give you invaluable insights and a preview of what’s to come in the year ahead.
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Disclaimer: This content is for educational purposes only and is not financial advice. Do your own research and consider speaking with a licensed professional.