Gold Rush: Tiered Miners

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.