Positions as of 3 March, 2026
The major gold miners dominating GDX just achieved their best quarter in history by far. Q4’25’s astonishing record-shattering gold prices fueled record-shattering revenues, bottom-line earnings...
In that sense the very fact that Poland can even contemplate funding defense through its gold reserves is evidence that the strategy of holding gold has already served its purpose.
From a practical point of view, the answer is to build assets. Now. If that means cutting your consumption to a bare minimum and working two jobs, do it while the economy is still hanging together.
Prices on crude and at the pump are rising relentlessly. Contracts abolished. Tankers and refineries on fire. Putin threatening Russian fuel cutoff. China embargoing its own oil from exports.
Historically gold reacts powerfully to the economic consequences that follow wars: government spending, expanding public debt, and the policies that accompany prolonged geopolitical strain.
Insiders exercised a total of 4,660,000 warrants for cash proceeds of $1,062,000. The Company sincerely thanks its shareholders who were able to exercise their warrants early.
