A Tale of Two Gold Bugs

“The bug is to make my fortune."
– Edgar Allan Poe, The Gold Bug

Once upon a midnight dreary, hearts beating with the spirit of Christmas, I dragged my family through downtown Baltimore for a night at the theatre.

On the playbill was “A Christmas Carol For Edgar Allan Poe” –  a dark reimagining of the Charles Dickens novel that we all know and love, but with a catch: Ebenezer Scrooge was swapped out for Mr. Poe.

man performing in play

The ghosts that visit Poe – the Ghost of Memory, the Spectre of Fear and the Spirit of Fortune – took the audience through the stages of Poe’s life. We followed along as the tormented writer tried to make ends meet by scribbling his macabre tales for a few dollars here and there.

Poe’s wife Virginia – in the place of Tiny Tim – is dying of tuberculosis and Edgar is determined to publish just enough to afford the mounting medical bills. He finally gets his big break when he publishes his renowned story “The Gold Bug.”

“The Gold Bug” is the story of William Legrand, a once wealthy man who has lost his family fortune and has resolved to restore his wealth. His fortunes begin to change once he discovers a beetle that shimmers like gold.

The beetle becomes an obsession for Legrand and he becomes convinced that it is the key to rebuilding his wealth. Convinced to the point of madness. As his servant Jupiter exclaims, "I'm berry sartain dat Master Will bin bit somewhere bout de head by dat goole-bug.”

In the investing world we’ve all heard tales of someone being bitten by the gold bug. For whatever reason it’s typically used as a slight to describe someone who has started burying gold bars in their yard and ignores all other forms of investing.

In “The Gold Bug,” the beetle does indeed lead the characters to buried treasure, but not through the obvious means. Legrand doesn’t sell the bug for its golden properties nor does he bury it in the yard for safe keeping. He uses it as a tool to decipher the island’s mysteries which have long been hidden from sight.

"Human ingenuity can construct an enigma which human ingenuity may not, by proper application, resolve," Legrand posits.

And that is precisely what we’re seeking to do in today’s gold market.

If you’ve been reading these pages you are quite aware that we stake most of our claims in the precious metals mining market – specifically in the gold space. It’s paid off handsomely as gold has hit all-time highs this year and is already projected to blast through the current high and beyond heading into 2026.

If you’re like 99% of investors, your gold exposure is either in physical bullion, gold ETFs or mining stocks themselves.

All of those vehicles would have been great wealth drivers this year. But there is one enigma which human ingenuity has, by proper application, resolved.

This enigma has been deciphered in what we call the “Gold Scripts”. They aren’t mining stocks, physical gold bars, coins or ETFs. Gold Scripts have constantly blown those returns out of the water.

These scripts are a special agreement between two companies. On one side, you have a gold mining company that needs money. Due to the difficult nature of mining precious metals from the depths of the earth, mining companies always need money.

Maybe they want to expand production...

Or develop a new mine...

Or pay off debt.

But many banks deem these projects too risky and won't lend to them.

Now, the company could raise it themselves by selling stock but that can dilute existing shareholders’ stakes.

So they turn to Gold Scripts instead.

Here's how it works...

The mining company gets cash upfront. In exchange, they agree to sell gold at a steep discount — I’ve seen as high as an 80% discount depending on the company.

That agreement is locked in no matter how high gold prices go. As an investor, you can lock in the same deal for yourself and profit alongside both companies at the same discounted rate. As gold rises like it has this year, your percentage of profit rises along with it.

You also can profit more than if you’d invested in a mining company. In fact many of these Gold Script companies have done far better during both the ups and downs of the precious metals market.

Have a look:

Gold Scripts Outperform chart

If you haven’t heard of these investments before, you aren’t alone. After all, they represent less than 0.1% of the companies on the stock market. In fact, the very first company of its kind was launched back in 1986.

In a groundbreaking move – literally and figuratively – gold exploration company Franco-Nevada (NYSE:FNV) made a $2 million investment into Western States Minerals’ Goldstrike. Western was developing a small heap-leach mine in Nevada and Franco-Nevada agreed to lend them the cash in exchange for a 4 percent share of revenues collected from the mine.

Franco-Nevada locked itself into what became one of the largest gold mineral resources in the world with low overhead while avoiding future costs associated with the growth and maintenance.

It worked like a charm: Western States was sold that year to Barrick Gold and the royalties have since earned Franco-Nevada more than $1 billion.

Wouldn’t an investment like that put a golden shine on your portfolio?

Now, there are only a few companies that operate in this space today. Our own Nick Hodge knows them all well, and has just released his top pick for the most profitable Gold Script company heading into 2026.

It’s a company that is trading under a dollar right now. But it certainly won’t be for long, as gold continues to sniff new records each and every day.

If gold hits $5,000, this Gold Script could reach $5.

If gold hits $10,000, it could reach $10.

As Poe wrote: “You will observe that the stories told are all about money-seekers, not about money-finders.”

Stop seeking, start finding.

And all you have to do is read the script…

Godspeed,

Jimmy Mengel

Jimmy Mengel
Director of Customer Experience, Daily Profit Cycle