I already hear people calling a top in gold… (sigh)
I suspect these are the same so-called “gold analysts” who recommend buying gold ETFs like the GDX.
If you listen to these “analysts,” you risk losing out on the biggest gains in gold. Why?
Because these “analysts” are all wrong for the same reason…
They all treat gold the same as every other paper asset… BIG mistake.
Look…
Gold is not “going up.” Fiat currencies are going down.
The US dollar is losing purchasing power because $300 trillion in global debt drives politicians and Central Banks to desperate measures.
Gold is not like other assets.
It “goes up” when the world enters the kind of chaotic reordering that happens once a century when the global pecking order needs reshuffling.
And as for gold nearing a top…
There is less retail interest in gold than at almost any other time in history. Look…
The chart below tells the tale:
Retail investors have been SELLING shares of gold ETFs – even as the price has gone from roughly $2,000 just over a year ago…
To over $3,350 yesterday.

That makes no sense. And it’s proof gold is nowhere near the top. Not even in the short term.

Not only is gold NOT nearing a top… gold mining stocks are still heading in the wrong direction. Which makes no sense at all.
This situation cannot last. At some point, a mad stampede into gold stocks is coming. And that’s why I’m writing to you today…
So, if all the fake gold analysts have it wrong… and gold ETFs like the GDX are dead money…
Where can you find maximum upside potential in gold stocks today?
I’m not like desk-jockey gold analysts.
I don’t treat gold like it’s just another paper asset. I’m a gold investing specialist who’s spent 20 years waiting for exactly this moment.
That’s why the four small miners I picked for the coming gold mania are already up 300%… while the major ETFs are all on life support.
You can read all about them by going here.

And here’s the crazy part of this situation…
Even though my top four picks are already up 300% since the start of 2024…
Each one is still discounted – some by as much as 90% – when comparing their share price to NAV (Net Asset Value – which just means the value of the proven gold reserves they can recover).
I call this mispricing the Golden Anomaly.
It’s something that only happens once or twice each century – and it’s an opportunity for making life-changing money in gold stocks.
Now, please don’t misunderstand me…
At some point, the big ETFs will finally move… a little.
But the best gold companies (like the ones I cover) could be up 10X… 20X… even 83X – or more.
So please… do NOT listen to the know-nothing analysts calling the top in gold.
Nothing has changed. The factors driving gold higher – Central Bank buying… unsustainable debt… fear of global instability… and geopolitical tensions…
Are ALL still in play.
More importantly, retail investors are completely absent from gold stocks today.
That means you still have time to position your portfolio to make a potential generational fortune as gold continues to reclaim its historical roll in the financial system…
And the best gold stocks do what they’ve always done…
Go on a run that hands early investors life-changing wealth.
To your wealth,
Garrett Goggin, CFA
Chief Analyst & Founder, Golden Portfolio