It’s Official: Gold eclipses US Treasuries

Central banks are buying gold—no matter the price. ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­
stocksearning
A message from Golden Portfolio   

Word came recently that Central Banks now own more gold than US Treasuries for the first time in 30 years. But that's not the big news…

The real story is the chart below…

The world has become so accustomed to holding US paper, most investors today can't imagine anything else.

But as recently as 1980, Central Banks held as much as 70% of their reserves in gold. To return to that level, gold demand would have to increase 3X or more.

And that's exactly what I'm expecting.

Remember, Central Banks are price-insensitive. Unlike you and me, they simply don't care what the gold price is. They buy because their mandate is stability.

It pains me to say this, but I wouldn't be doing my job if I didn't…

US Treasuries – the backbone of the world's financial system for nearly 40 years – are no longer risk-free. 

The world is moving away from US paper – and into gold.

What that means for you is that a small stake in the best gold companies…

Could net you an absolute fortune over the next decade. 

Go here and I'll show you why gold is going to run for years to come… along with my top four gold picks for the coming bull mania. 

 

Regards, 

Garrett Goggin, CFA, CMT
Chief Analyst and Founder, Golden Portfolio 




Today's editorial pick for you

Here's How to Trade What Members of Congress Trade


Posted On Dec 26, 2025 by Ian Cooper

If you want exposure to what elected officials are trading, there are two ways to do that. For one, you could always track down what members of Congress are buying and selling and tag along. Perhaps the most notable example is Nancy Pelosi (D-California).

The congresswoman and former House Speaker took a stake in Tempus AI (NASDAQ: TEM) stock by buying 50 of the TEM January 2026 $20 call options in mid-January. Additionally, we can see that Pelosi's spouse purchased between $250,000 and $500,000 worth of Amazon (NASDAQ: AMZN) stock in January. 

Why Track Congressional Trades?

Why track Congressional trades? Simply put, there’s an extraordinary amount of accuracy with these trades. This has raised questions about insider trading and raised the question about whether it should be legal for Members of Congress to buy and sell individual securities.

It’s also important to note that Members of Congress don't have to disclose what they bought for about 30 to 45 days after the transaction, per the STOCK Act.

Part of the STOCK Act "Amends the Ethics in Government Act of 1978 (EGA) to require specified individuals to file reports within 30 to 45 days after receiving notice of a purchase, sale, or exchange which exceeds $1,000 in stocks, bonds, commodities, futures, and other forms of securities and subject to any waivers and exclusions."

The lag between the time Members of Congress make a trade and have to disclose it can lead to imperfect timing, particularly for active traders. Even if you can identify the targets of their buying and selling, they have access to information that you don’t.

Instead of hunting down what Members of Congress are trading, you can gain big exposure to those trades with the two exchange-traded funds (ETFs) listed below. These ETFs get their information from Unusual Whales, an outfit that tracks congressional stock trades.

Unusual Whales Subversive Democratic ETF

The Unusual Whales Subversive Democratic ETF (BATS: NANC) invests in equity securities purchased or sold by Democratic members of Congress. The ETF has an expense ratio of 0.74%. That’s a little high, but it can be worth it.

That’s because some of the ETFs 157 holdings include some of the popular Magnificent 7 stocks such as NVIDIA (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), Amazon, and Alphabet (NASDAQ: GOOGL), along with other popular large-cap stocks like Netflix (NASDAQ: NFLX), and Costco Wholesale Club (NASDAQ: COST). As of this writing, the NANC ETF is tech-focused and growth-oriented.

According to the NANC ETF Fact Sheet, "We have partnered with Unusual Whales to develop an ETF that will allow investors access to the near-real-time trading disclosures of members of Congress in both parties. NANC focuses on the Democratic Party. "

Unusual Whales Subversive Republican ETF

The Unusual Whales Subversive Republican ETF (BATS: GOP) invests in equity securities purchased or sold by Republican members of Congress and their spouses. Some of its top stock holdings include JPMorgan Chase & Co. (NYSE: JPM), iShares Bitcoin Trust ETF (NASDAQ: IBIT), AT&T (NYSE: T), Chevron (NYSE: CVX), NVIDIA, Intel (NASDAQ: INTC), and Tyson Foods (NYSE: TSN).

The GOP ETF is more diversified than the NANC. However, it also has an expense ratio of 0.74%.

"We have partnered with Unusual Whales to develop an ETF that will allow investors access to the near-real-time trading disclosures of members of Congress in both parties. GOP focuses on the Republican Party," added SubversiveETFs.com.

A Smarter Way to Gain Exposure to What Members of Congress Trade

The idea of following congressional stock trades has gained traction for good reason. Over time, these disclosures have shown a notable level of accuracy, raising questions about information advantages and market timing. However, for individual investors, attempting to mirror specific trades can be inefficient. Disclosure delays of 30 to 45 days mean the opportunity may already be priced in by the time the information becomes public.

That's where ETFs like the Unusual Whales Subversive Democratic ETF (NANC) and Subversive Republican ETF (GOP) offer a more practical solution. Instead of chasing individual names, these funds provide diversified exposure to stocks being bought and sold by members of Congress, reducing timing risk and single-stock volatility. Investors also benefit from professional tracking and systematic portfolio construction based on publicly available data.

While both ETFs carry relatively high expense ratios, they may appeal to investors who believe congressional trading patterns reflect broader market trends. For those curious about political investing—but wary of imperfect disclosure timing—NANC and GOP offer a structured, hands-off way to gain exposure without relying on guesswork or speculation.




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