Editor's note: For years, I've told readers it's time to get into gold, but with the precious metal soaring this year, some folks think they've missed their chance. Today, our friend Nick Hodge explains why we're still in the early stages of big gains in gold...
You know things are getting serious when the smart money starts running – not walking – to get into gold.
Everywhere I (Nick Hodge) look, the signs are clear.
Gold is breaking out. Silver is heating up. Copper is on deck. And uranium? Well, uranium is just getting started. Even the U.S. government is stepping up to fund miners and secure domestic supply.
This isn't some short-term trend. It's the beginning of a major, long-term rotation into hard assets. And if you're still wondering whether it's too late to get in... it's not. In fact, the way I see it, you'd still be early.
Let me walk you through what's happening – and how I'm positioning myself to profit from it...
Gold recently broke out to record highs in U.S. dollar terms. It's not just up – it's outperforming everything. Take a look...
And here's what's really interesting: It's doing that without a weakening dollar.
That's new. Traditionally, gold and the dollar trade inversely. When the dollar strengthens, gold prices fall, and vice versa.
But now, we're seeing both move higher in tandem. That tells me this isn't about foreign exchange games. It's about fear, capital flight, and institutional investors moving their money into the safest asset they can find.
Gold isn't just an insurance policy. It's becoming the core of a lot of investor portfolios. And this breakout is confirmation of that thesis.
So no, you haven't missed it. In fact, I'd argue we're still early...
The Smart Money Doesn't Wait for the Headlines
We've seen this before: Gold breaks out, retail investors hesitate, and the smart money quietly accumulates everything that's leveraged to it.
This time, it's not just hedge funds or billionaires. It's the people who understand the math: governments and large institutions with long-term capital to invest.
The market is starting to consolidate. It's pulling back just a bit – breathing, as it should – but holding its gains. That's bullish. And it tells me this breakout has real legs.
When I see that kind of price action, I don't chase. But I do sharpen my list. I look at the juniors that haven't moved yet. I look at silver, copper, and uranium. Because when gold leads, the rest of the resource sector tends to follow.
Let me say this again: You haven't missed anything.
Yes, some gold stocks have moved. And yes, the metal itself has surged. But the real gains – especially in equities – are still ahead of us.
The breakout in gold is just the first domino. The broader resource market is just starting to rotate. And the best time to get positioned is before that rotation goes full tilt.
We're coming off years of underinvestment in new supply. At the same time, demand for metals is ramping up – driven by electrification, defense, tech, and global instability.
This story won't play out over the next few months. This is a decadelong trend. And Washington just entered the arena...
The U.S. government is now directly funding mining projects. We've seen it before with uranium and rare earths, and now we're seeing it with copper.
Trilogy Metals (TMQ) just got a major boost from the Department of Defense. This isn't the Department of Energy... it's the Department of War. That tells you how strategic these metals have become.
They've gone from "nice to have" to "must secure."
And the money is starting to flow. I'm not talking about just permitting reforms or regulatory lip service. I'm talking about real dollars, real support, and real urgency.
That changes the game for domestic miners. And it gives investors another reason to look closely at these companies – especially the ones with assets in the right places.
The Most Investor-Friendly Setup in a Generation
Let's talk about supply for a second...
Mining is hard. Expensive. Slow. Political. And for the past decade, it's been starved of capital.
That means the production forecasts from JPMorgan and Goldman Sachs are probably too optimistic.
You can't flip a switch and bring a new copper mine online. You can't replace Russian palladium overnight. You can't secure antimony or uranium or rare earths without permitting, infrastructure, and real leadership.
That's exactly why prices are going up. The market is finally realizing that "projected supply" and "actual supply" are two very different things. And when supply can't meet demand, prices don't just go up... they explode.
I've been through a few cycles. I was there in 2008, 2011, 2016, and 2020. And I can tell you that what's happening now is one of the most investor-friendly environments I've ever seen.
We're seeing rising demand collide with tightening supply. Mix in government support, and investors are suddenly waking up to the value of real assets.
Every metal I track has a tailwind. Gold is breaking out. Silver is following. Copper is pushing higher. Uranium is up. Platinum and palladium are stirring.
And the stocks are still cheap.
That's not going to last. When the flood of retail money shows up, it's going to chase the same tickers. It's going to create a rush. And the best-performing stocks will be the ones you bought before that rush began.
This is the time to start building positions. Not when CNBC finally catches on or when your neighbor starts asking about silver. Now.
I'm not guessing here. I'm watching price action, volume, and macro trends. Gold is consolidating around all-time highs. That's not a bearish signal – it's a bullish setup.
Silver is starting to respond. And historically, when silver plays catch-up, it does so quickly. That's how you get 100% or 200% moves in a matter of months.
Copper is benefiting from real demand – electric vehicles, infrastructure, and electrification. But the supply side is shaky. Projects are getting delayed, and resource nationalism is creeping in.
Uranium has already re-rated once. But the fundamentals are still intact. Supply is tight. Utilities are contracting. And new demand – from small modular reactors ("SMRs"), data centers, and growing AI energy needs – is just beginning to register.
Even platinum and palladium are starting to show signs of life. These are metals with real utility and tight markets. If gold leads, and silver confirms, these two could surprise to the upside.
I don't predict. I plan. And my plan right now is to stay long gold and silver... to keep building positions in quality juniors... to watch copper, uranium, and the platinum group metals for confirmation... and to be ready when the next wave of capital comes.
We're seeing a shift – not just in price, but in attitude. The market is starting to remember that commodities matter. That mining isn't optional. That real assets have real value.
And if you're paying attention, that's not scary. It's exciting. Because we're still early. And the smart money knows it.
Regards,
Nick Hodge
Editor's note: Right now, Nick says America is urgently pushing to secure its most vital resources, like gold. And a group of companies could deliver the largest wealth-building opportunities of their careers – but only for those positioned before Washington makes its next move.
Tomorrow, Nick – alongside one of the greatest legends in resource investing – will reveal exactly what's happening and where to move your money to capitalize as this crisis reaches its dramatic conclusion.
Click here to make sure you don't miss their urgent briefing.