11 assets1d

Gold Rush: Tiered Miners

A gold mining stock picker that buys established miners, mid-tier growth companies, and royalty firms—selling the smallest ones first when gold weakens.

By Amaltash Advisors LLC

Investment thesis

A long-only strategy built entirely around gold mining stocks, organized into three tiers based on company size and risk profile. The biggest, most established miners form the foundation — names like Newmont and Barrick — and they stay in the portfolio through most market conditions because of their financial strength. Mid-tier royalty and streaming companies form the middle layer, offering a balance of growth and stability. The smallest, highest-growth miners sit in the third tier and are the first to be trimmed when the gold sector shows signs of weakening. Captures the gold bull market through the miners and royalty companies that offer leveraged upside to metal prices. With gold above $5,000/oz and central banks still accumulating, mining margins are at record highs — but equity valuations haven't caught up. This strategy layers senior producers for stability, mid-tier growth miners for expansion optionality, and royalty companies for capital-light compounding.

How it works

  1. Focuses entirely on gold mining and related companies

  2. Holds bigger, safer miners as a stable core

  3. Trims smaller, riskier miners when sector weakens

  4. Aims to profit from rising gold prices through mining stocks

Works best when

  • When gold prices are climbing steadily over weeks or months
  • When central banks and investors are buying gold actively
  • When mining company profits are expanding due to higher gold
  • When the overall stock market isn't crashing hard

Watch out for

  • When gold prices drop suddenly or stay flat for long periods
  • When the broader stock market crashes and investors panic-sell everything
  • When mining companies face operational problems or cost increases
  • When interest rates rise sharply, making gold less attractive

Performance

Backtested

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Hypothetical backtest results, risk numbers and stress-test outcomes are shown only to signed-in investors, after the advisory fee and alongside the S&P 500. Backtested results are not returns any account earned.

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Track record

Strategy created
May 16, 2026
Current version
Version 3
since Jun 30, 2026
Live track record
Not yet
no combined account history

Portfolio

11 holdings · target weights for version 3, as of Jun 30, 2026. Actual positions vary with signals.

Unclassified75%Gold and silver ores18%Mineral royalty traders7%
HoldingTarget weightMarket cap
NEM
Newmont Corporation
Gold and silver ores
18%
$117.05B
B
Barrick Mining Corporation
—
17%
$63.61B
AEM
Agnico Eagle Mines Ltd.
—
15%
$94.01B
FNV
Franco-Nevada Corporation
—
8%
$47.98B
WPM
Wheaton Precious Metals Corp.
—
8%
$61.58B
RGLD
Royal Gold, Inc.
Mineral royalty traders
7%
$22.73B
KGC
Kinross Gold Corporation
—
7%
$25.29B
AGI
Alamos Gold Inc. Class A
—
7%
$12.56B
EGO
Eldorado Gold Corporation
—
7%
$8.74B
BTG
B2Gold Corp.
—
6%
$6.82B
GDX
VanEck Gold Miners ETF
—
0%
—

Risk & rules

The automated rules that limit losses.

Per-position rules
Varies by holding · closes one position
Stop loss 12% to 18%Take profit 50%Leverage None

Stops trigger on the next available price. A price gap, overnight or in a fast market, can fill well below the 12% level.

Stress tests

Ten difficult markets, chosen in advance. Eight replay real trading days; two are modelled stand-ins.

MarketMethodResult
The Bull Run of 2016–17ModelledSign in to view
The 2020 ReboundReplaySign in to view
The 2022 SlumpReplaySign in to view
The COVID CrashReplaySign in to view
The Christmas 2018 ScareReplaySign in to view
The Year That Went NowhereModelledSign in to view
The Wild Swings of Late 2022ReplaySign in to view
The Quiet YearReplaySign in to view
The Magnificent Seven YearReplaySign in to view
When Tech Handed Over to OilReplaySign in to view

Fees

Licensing fee
None
Advisory fee
Up to 1.00% a year
On deployed capital, billed on your balance
Advisory fee on $10,000 at the maximum rate
1 year
$100
3 years
$300
5 years
$500

Assumes the balance stays at $10,000. Spreads and regulatory fees may also apply.

Documents

Form ADV Part 2ASEC ↗Form CRSPDF ↓Strategy prospectusSign in
What does Gold Rush: Tiered Miners hold?
Holdings (11): NEM, B, AEM, FNV, WPM, RGLD, KGC, AGI, EGO, BTG, GDX.
How often does it check its rules?
Once a day, on daily prices.
When does this kind of strategy tend to struggle?
When gold prices drop suddenly or stay flat for long periods; When the broader stock market crashes and investors panic-sell everything; When mining companies face operational problems or cost increases; When interest rates rise sharply, making gold less attractive.

Important information

Risk Disclosure: Trading in financial instruments involves substantial risk, including the possible loss of your entire investment, and may not be suitable for all investors. Prices can be affected by external factors such as financial, regulatory, or political events. Trading on margin or with leverage increases potential losses. Past performance is not indicative of future results.

Not Financial Advice: The information provided on this platform is for informational purposes only and does not constitute investment, financial, or trading advice. We do not recommend any particular trading strategy or instrument. Please conduct your own research and consult with a qualified financial advisor before making investment decisions.

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