Jimmy Mengel,
Director of Customer Experience
Oct. 10, 2025
The following tale lends an entirely new definition for the term “gold digger”.
While excavating a plot of land in West Varna, Bulgaria, excavator operator Raycho Marinov noticed something strange as he dumped the contents of his rig. Shining through the very top of the mound of soil was a tarnished bracelet.
He didn’t think much of it and stuffed it in a shoe box with a few other pieces of jewelry he uncovered that day.
It was only during a conversation with the local museum director that he found out that he had discovered one of the most important archaeological sites in all of prehistory: the very oldest golden treasure known to man.
You see, the area that Marinov was digging was once the Varna Necropolis – home to 294 graves from the Varna culture. The gold found in these graves dates all the way back to 4600 BC.
According to author Vladimir Slavchev:
“The weight and the number of gold finds in the Varna cemetery exceeds by several times the combined weight and number of all of the gold artifacts found in all excavated sites of the same millenium, 5000-4000 BC, from all over the world, including Mesopotamia and Egypt.”
All that to say that gold has been highly valued for at least 6,000 years. And right now, the price of gold has never been higher.
This week gold prices finally broke past the $4,000 mark for the first time in history. It doesn’t appear to be stopping there. Just this week Goldman Sachs predicted that gold prices could reach almost $5,000 an ounce by the end of next year.
So next time Warren Buffett’s sidekick (and Cryptkeeper doppelgänger) Charlie Munger says that gold is a "barbarous relic" and that “civilized people don't buy gold”, you can go tell him to pound cemetery dirt.
The knock on gold as an investment has always been around. It doesn’t match stock market returns, it doesn’t generate profits, it doesn’t pay dividends. Now, all of that is somewhat true in “normal times” but – as you may have noticed – these are not normal times.
Riding a perfect storm of economic uncertainty, inflation, collapse of trust in government and federal monetary easing, gold has been one of the top performing assets of the year.
The stock market, which, if you haven’t heard, is at all-time record highs — up some 14% for the year.
Gold, however, has blown that out of the water with a 51% rise this year.
There are a few reasons for this.
Central banks are buying gold hand over fist. In fact, the combined gold reserves for Central banks now exceed their US Treasury holdings for the first time in nearly three decades.
China, Russia, and Turkey have been the largest official buyers over the past decade.
Investors have flooded into gold-focused ETFs to the tune of $38 billion this year. Global physically-backed gold ETFs recorded their largest monthly inflow in September, resulting in the strongest quarter on record. And that’s just the beginning, according to Roukaya Ibrahim, commodities strategist at BCA Research.
"Institutional investor interest is just getting started," according to Ibrahim.
The safety of the US dollar has eroded as our national debt reaches $38 trillion. When the dollar creeps lower, the price of gold goes up. That trend seems to have plenty of runway the way things are going, regardless of who’s in power.
It’s a perfect storm for the metals market.
And while a 51% return in a year is a wonderful gain for any investment, the real money to be made in the gold space is in the miners that dig those treasures out of the ground. We’re talking easy triple digits here. The speculations that we’re following are being driven by a single enormous catalyst: exploration.
After nearly a decade of neglect, especially in the junior mining space, we’re finally seeing a reversal of that negative trend.
Because the truth of the matter is that gold exploration is playing an intense game of catchup. It’s trying to keep pace with all of the resource buying we’ve been seeing in the gold, silver and uranium markets.
Our own Gerardo Del Real has seen this coming for quite a while now, and has staked his claim to several junior miners that have been basking in what he calls the new “Age of Exploration”.
He’s led his Junior Resource Speculator readers to gains of 238% on Mawson Gold, 525% on a gold producer that is still running up in the portfolio, and 550% and 600% on two battery metals companies.
We’re in an all-new era of acquisitions, expansions and aggressive exploration.
This is not a wait-and-see period.
As investment into gold exploration blossoms, it is gifting us unique, once-in-a-decade timing. Don’t sit back and watch it pass.
Just like Raycho Marinov and his excavator, all of these new explorations are unearthing hidden treasure.
You just have to know where to look…
Godspeed,
Jimmy Mengel
Director of Customer Experience, Daily Profit Cycle