Core Insights - A recent reversal in the precious metals rally has prompted investors to reassess gold's role in their portfolios, despite the price per ounce dropping significantly from an all-time high of approximately $5,600. Gold remains up 68% over the past year, with a moderate recovery noted in early February [4][7]. Gold Price Volatility - Investors should anticipate high volatility in gold prices moving forward, which may present opportunities for outsized returns through targeted investments in exchange-traded funds (ETFs) or similar leveraged products [4]. Leveraged Investment Products - The MicroSectors Gold 3X Leveraged ETNs (NYSEARCA: SHNY) is highlighted as a notable leveraged product, aiming to triple daily returns of gold prices, but also amplifying potential losses [5][6]. - SHNY does not invest directly in physical gold but provides leveraged exposure to the SPDR Gold Shares ETF (NYSEARCA: GLD), which holds gold bullion [6]. - For investors seeking a less aggressive risk profile, the DB Gold Double Long ETN (NYSEARCA: DGP) offers 2x leveraged exposure to gold futures [6]. Investment Considerations - Investors willing to accept high risk for the potential of magnified single-day gains in gold or gold mining stocks may consider leveraged ETFs or ETNs, such as SHNY, GDXU, and JNUG, which are designed for experienced investors and are highly speculative [7].

美股本周剧烈震荡，市场的裂缝越来越清楚。 本周早些时候，市场市值一度蒸发超过1.5万亿美元，逼迫交易员重新掂量几个原本被默认的前提：美国经济还 能不能撑起又一年两位数的涨幅？AI承诺的效率提升，会不会反过来挤压一批现有公司的生存空间？散户的交 易热情是否把一些本该"避险"的东西炒成了高波动品种？ 这次受冲击的不止软件股。小盘股、贵金属矿企、数字资产相关公司、专业服务公司，几乎都在同一周里露出了 弱点。其中软件板块的波动最吓人，以大型科技股为主的动量股，也出现了自疫情以来最重的一次单日下挫。 不确定性还在往外扩散。Horizon Investments研究与量化策略主管Mike Dickson说："投资者一紧张，全球市场里 那些估值和仓位被拉到最满的地方，往往最先疼。"即便随后出现反弹，他也提醒，这类"大跌后的反抽"经常发 生在压力并未解除的阶段。 Hedge Fund Telemetry LLC创始人Thomas Thornton表示： 贵金属沦为"赌博工具" 黄金和白银的价格波动明显偏离"稳"的范畴，相关金属公司股价自然随之起舞。 美国最大的黄金矿企Newmont Corp.在2025年翻倍，一些较小的矿企 ...

Core Viewpoint - The U.S. stock market experienced significant volatility this week, with a market value loss exceeding $1.5 trillion, raising concerns about the sustainability of economic growth and the impact of AI on existing companies [1] Group 1: Market Volatility - The market saw a sharp decline affecting various sectors, including small-cap stocks, precious metals, and digital asset-related companies, with software stocks experiencing the most severe fluctuations since the pandemic [1] - Investors are increasingly cautious, as highlighted by Mike Dickson from Horizon Investments, who noted that market corrections often occur in areas with the highest valuations and positions [1] - Thomas Thornton from Hedge Fund Telemetry LLC warned that the market is filled with traps, indicating a precarious investment environment [1] Group 2: Small-Cap Stocks - Small-cap stocks faced a double blow as investors shifted from overvalued tech stocks to those benefiting from economic recovery, but recent labor market data indicated concerning weakness, particularly affecting domestic-focused small-cap companies [2] - The Russell 2000 index's year-to-date gain of 7.6% now appears overly optimistic, as consumer pressure mounts due to deteriorating labor market conditions [2] - A surprising strong consumer confidence report temporarily halted sell-offs, but the Russell 2000 index had already dropped over 5% from recent highs [2] Group 3: Precious Metals - Gold and silver prices have become highly volatile, with major mining companies like Newmont Corp. seeing significant price fluctuations, while smaller firms like Discovery Silver Corp. experienced dramatic increases [3] - The transition of precious metals from stable investment vehicles to speculative trading tools has raised concerns for investors seeking safe havens during turbulent times [3] - Daily and weekly volatility levels are inconsistent with risk-averse investment strategies, as noted by Sameer Samana from Wells Fargo [3] Group 4: Impact of AI on Equity Capital Markets - Concerns over AI potentially disrupting various sectors have led to significant declines in software companies like Docusign Inc. and Salesforce Inc., prompting investors to explore other areas at risk of automation [4] - A report indicated that 72% of S&P 500 companies have acknowledged AI as a "significant risk," affecting banks, travel stocks, and the entire small-cap sector [5] - The potential for destructive disruption from AI could slow down equity capital market activities, including mergers and acquisitions, IPOs, and stock and bond sales [5] Group 5: Historical Context and Caution - The recent downturn in the tech sector has evoked memories of the internet bubble, with value stocks outperforming growth stocks, reminiscent of past market corrections [6] - Historical patterns suggest that investors must exercise discipline and diversify their portfolios, especially when dealing with high-flying stocks [6] - Brian Reynolds from Reynolds Strategy LLC emphasized the importance of caution for investors enamored with AI concept stocks that have seen substantial price increases [6]

Core Insights - A shift in institutional capital is reshaping global equity allocations, with a softening demand for North America-focused hedge fund strategies and increased capital flow towards Europe and Asia [1][2] Hedge Fund Trends - Wealthy investors in the US and Asia are canceling plans to allocate to US hedge funds, driven by concerns over US trade policy uncertainty, dollar volatility, and concentration risk in mega-cap technology stocks [2] - Hedge funds are upgrading their outlook for value-oriented stock selection strategies, with firms like Man Group expressing positive sentiment towards Long-Biased Equity Long/Short and Market Neutral Equity Long/Short strategies [3] Stock Performance and Valuation - Low-valuation shares outperformed higher-multiple peers, with a 15% advance during the last six months of 2025, indicating a persistent value tilt if economic momentum holds [4] - The article highlights affordable, value stocks that institutions are increasingly investing in, suggesting a trend towards value-oriented investments [5] Methodology for Stock Selection - The selection of the 10 Best Affordable Long Term Stocks was based on companies trading at forward price-to-earnings ratios below 15, with five-year revenue and earnings growth rates of at least 15%, and market capitalizations above $2 billion [6] Company Highlights - **Eldorado Gold Corporation (NYSE:EGO)**: - Hedge fund holders: 26, Forward P/E: 8.12 - Positive outlook due to robust gold prices and progress on the Skouries copper-gold project, with a cash balance exceeding $1 billion [8][10] - Anticipated significant production increases and strong cash generation by 2027 [10] - **SouthState Bank Corporation (NYSE:SSB)**: - Hedge fund holders: 32, Forward P/E: 11.35 - Strong core pre-provision net revenue (PPNR) performance exceeding consensus estimates, driven by net interest income growth [12][13] - Revenue growth of 39.42% over the past twelve months, with analysts raising price targets based on strong quarterly results [14]

Core Viewpoint - Agnico Eagle Mines Limited (NYSE:AEM) is recognized as one of the best long-term low-risk stocks to buy, with a bullish outlook on gold prices and strong financial performance in recent quarters [1][8]. Group 1: Price Recommendations and Market Outlook - CIBC raised its price target for Agnico Eagle Mines to $296 from $231, maintaining an Outperformer rating, reflecting an optimistic outlook for precious metals [2]. - Gold price forecasts have been increased to $6,000 per ounce in 2026 and $6,500 in 2027, alongside higher expectations for copper [2]. Group 2: Financial Performance - In Q3 2025, Agnico Eagle's gold production remained stable year-over-year, but the company sold gold at prices nearly $1,000 per ounce higher than the previous year [3]. - Total cash costs increased by less than $75 per ounce, remaining under $1,000, while all-in sustaining costs rose from $1,286 to $1,373 per ounce due to higher capital spending [3]. - Adjusted net income surged by over $500 million to $1.085 billion, and free cash flow nearly doubled to $1.19 billion, indicating strong profitability [4]. Group 3: Company Overview - Agnico Eagle Mines Limited is a senior gold producer based in Canada, with operational mines in Canada, Australia, Finland, and Mexico, and is advancing a pipeline of exploration and development projects [5].

Group 1 - Newmont Corporation (NYSE:NEM) is a mining company focused on gold production and exploration, as well as seeking other metals like copper, silver, zinc, and lead [2] - In 2025, Newmont's stock gained 168%, reflecting a significant surge in gold prices [2] - Jim Cramer expressed a preference for Agnico Eagle Mines over Newmont but acknowledged that investing in gold mining stocks is generally favorable given the strong performance of gold [2] Group 2 - There is a belief that certain AI stocks may offer greater upside potential and carry less downside risk compared to Newmont [3] - The article suggests that there are undervalued AI stocks that could benefit from current economic trends, indicating a shift in investment focus [3]

Core Viewpoint - Agnico Eagle Mines Limited (AEM) is a significant player in the gold mining industry, recognized for its operations in Canada, Finland, and Mexico, and is considered a reliable investment choice due to its strategic positioning and operational efficiency [1] Group 1: Recent Performance - AEM has shown a monthly gain of approximately 5.45% over the past 30 days, indicating a strong upward trend [2][6] - In the last 10 days, AEM experienced a decline of about 8.72%, which may present a buying opportunity for investors [3][6] Group 2: Growth Potential - The stock has a significant growth potential of 21.29%, suggesting it is currently undervalued [4][6] - AEM's Piotroski Score of 8 indicates strong financial health and operational efficiency, reinforcing its growth prospects [4][6] Group 3: Investment Outlook - Analysts have set a target price for AEM at $238.50, reflecting confidence in the stock's potential for substantial returns [5] - AEM is positioned as a viable investment option for those seeking a favorable risk-reward profile in the gold sector [5]

Market Performance - Stocks showed a substantial move back to the upside, with the Dow closing above 50,000 for the first time, reflecting a recovery after recent declines [1] - The Dow soared by 1,206.95 points (2.5%) to 50,115.67, the Nasdaq surged by 490.63 points (2.2%) to 23,031.21, and the S&P 500 jumped by 133.90 points (2.0%) to 6,932.30 [2] - For the week, the Dow increased by 2.5%, while the S&P 500 edged down by 0.1% and the Nasdaq slumped by 1.8% [2] Sector Performance - Airline stocks experienced a significant increase, with the NYSE Arca Airline Index rising by 7.1% to its best closing level in over three years [6] - Computer hardware and semiconductor stocks also moved sharply higher, with the NYSE Arca Computer Hardware Index and Philadelphia Semiconductor Index up by 6.8% and 5.7%, respectively [6] - Gold stocks saw a 5.5% spike in the NYSE Arca Gold Bugs Index, driven by a sharp increase in gold prices [7] Consumer Sentiment - The University of Michigan reported an unexpected improvement in U.S. consumer sentiment, with the index rising to 57.3 in February from 56.4 in January, surpassing expectations of a decline to 55.5 [4] - The increase in consumer sentiment was particularly notable among consumers with the largest stock portfolios [5] Company-Specific News - Amazon's shares dropped by 5.6% after reporting slightly weaker than expected fourth-quarter earnings and forecasting 2026 capital spending above analyst estimates [5]

Core Insights - Giant Mining Corp. has re-engaged Exploration Technologies Inc. to utilize AI-driven subsurface modeling for drill targeting at the Majuba Hill Copper-Silver-Gold Project in Nevada, enhancing exploration efficiency and mineralization targeting [1][4][8]. Geological Advancements - Recent fieldwork at Majuba Hill has identified eight to ten high-grade breccia pipes, significantly improving the geological understanding and potential tonnage of the project [2]. - The breccia pipes are linked to concealed intrusive bodies, which are crucial for mineralization, and accurate modeling of these intrusions is expected to enhance drill targeting [3]. Strategic Importance - The advancement of Majuba Hill aligns with the U.S. focus on securing domestic sources of critical minerals, with copper and silver being vital for electrification and infrastructure [4]. - Nevada is recognized as a mining-friendly jurisdiction, which supports the strategic importance of the Majuba Hill project [4][19]. AI-Driven Exploration - ExploreTech will deploy its Engine AI platform to model potential locations of buried intrusive sources, allowing for more informed drilling decisions [8][9]. - The AI approach combines surface geology with geophysical data to optimize targeting of concealed mineralization, generating thousands of potential subsurface models [11][12]. Upcoming Drilling Program - ExploreTech is expected to deliver drill targeting results by the end of March 2026, aiding in the planning and execution of the upcoming drilling program [9]. - The integration of AI-driven modeling with historical datasets is anticipated to unlock additional value at the Majuba Hill project [10]. Project Characteristics - Majuba Hill spans 9,684 acres and is located in a top-ranked mining jurisdiction, with existing infrastructure providing significant cost advantages [19][20]. - The project has a history of production and shows indications of a large mineralized body, with expansion potential in all directions [20][23].

Stocks, bonds, ETFs, straight out of downtown Chicago. This is Zach's Market Edge. Welcome to Zach's Market Edge, the podcast about investing in your life.I'm your host, Tracy Reinick, and this week I'm going solo to talk about the gold miners. Did you think I wouldn't. We've been talking about them for about 18 months now, but we've seen a lot of volatility in the gold and the silver markets. And we've seen big pullbacks in gold. And that also means big pullbacks in the miners.They generally do move in tan ...