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On the U.S. government's books, gold is worth $42.22 an ounce.
That price was set in 1973.
Today, gold trades around $4,500.
That's a 113-to-1 gap between what the Treasury says its gold is worth… and what it's actually worth.
Treasury Secretary Scott Bessent has told us what he wants to do about it.
On the record, he said he intends to "monetize the asset side of the balance sheet."
That's not a throwaway line. It's a signal.
Because the easiest way to monetize that side of the ledger is to do one thing: Revalue the gold.
With a single decision, the government could mark up its reserves by more than $1 trillion overnight.
After 20 years studying gold and debt cycles, I can tell you what that kind of move really means.
A government doesn't revalue its gold when things are fine.
It does it when the other side of the balance sheet — the debt side — is in trouble. It's what you do when you need to signal strength to the world because the old source of strength is failing.
And every other signal is already flashing:
- Oil is settling in yuan through the Iranian toll booth in Hormuz.
- The petrodollar arrangement was cracking even before the war.
- Foreign demand for Treasuries is fading.
When a shift like this comes, it doesn't arrive gradually.
And when the government revalues gold to save itself, that's the moment you cannot own enough of it.
But do not run out and buy bullion at these prices.
Because certain miners offer far more asymmetric upside — the ones still priced as if gold were under $2,000 while it trades near all-time highs.
I call them the Golden Anomaly.
Go here for the four best-positioned picks before the revaluation.
To your wealth,
Garrett Goggin, CFA, CMT
Chief Analyst and Founder, Golden Portfolio
P.S. The Treasury carries its gold at $42 an ounce and the sitting Treasury Secretary wants to "monetize the asset side." Connect those two facts and you see what's coming. Go here to see the four miners positioned ahead of it.
TSMC’s Insider Buying Wave Comes With a Bigger AI Question for Investors
Author: Thomas Hughes. Originally Published: 8/17/2026.
Key Points
- Taiwan Semiconductor insiders, including its CEO, CFO, and COO, have accelerated open-market share purchases in early Q3, signaling strong confidence in the company's outlook.
- Strong Q2 results and guidance, driven by steep ramping of 2nm process technology for AI chips, prompted analysts to raise price targets and issue a consensus Buy rating.
- Taiwan Semiconductor's growth is expected to be sustained for years as AI inference demand accelerates and hyperscalers ramp up spending on advanced chip technologies.
- Special Report: Forget SpaceX. Buy the company Musk can't replace.
Insider buying isn’t the signal it once was. Strict laws govern insider activity, and trades are often executed through prearranged plans. However, Taiwan Semiconductor (NYSE: TSM) is sending a classic signal. Insiders aren't just buying; their purchases are picking up speed in early Q3, and many are open-market buys. Open-market purchases mean insiders are using their own money to buy TSMC shares, reflecting strong confidence in the outlook. That outlook is underpinned by AI, robust demand across the infrastructure stack and expansion plans that point to accelerated growth and profitability.
Who’s buying? A broad-based group that includes the chief executive officer (CEO), chief financial officer (CFO), chief operating officer (COO) and a plethora of senior and regular vice presidents (VPs). However, one insider sold in 2026. That sale should be noted, but it does not present a red flag for investors.
Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid (Ad)
A small Colorado company has secured rights to technology that could prevent the U.S. public power grid from collapsing — and billionaire Sam Altman is now an investor.
This under-the-radar firm is drawing serious attention from those watching the energy infrastructure space closely.
Click here to learn this company's name for free todayTzu-Sou Chuang is a vice president of plant operations who has been with the company since 1995, years before its New York stock listing. He also acquired shares dating back to that time, when TSMC's market price was in the $5 range. In this scenario, he’s sitting on substantial gains and has ample incentive to sell. While his 2026 sales were robust, he still holds hundreds of millions of dollars’ worth of shares. Other insiders have shorter tenures and greater incentive to invest in the company, given its position in the AI ecosystem.
Taiwan Semiconductor's Guidance Update Triggers Bullish Reset
Taiwan Semiconductor's Q2 results and guidance were strong, triggering a bullish reset among analysts. Robust demand centered on advanced technologies underpinned the results, with signs pointing to increased adoption in upcoming quarters. The guidance, which came in well above MarketBeat’s consensus at the midpoint, is grounded in a forecast for “steep ramping” of 2nm processes during the quarter. 2nm technology is critical for AI, packing about 50 billion transistors into a stamp-sized space and enabling faster speeds with lower power consumption.
As it stands, Advanced Micro Devices (NASDAQ: AMD) MI450X is the first AI GPU built on the 2nm standard. One catalyst for TSMC is the official commercial launch of MI450 and its initial deliveries, scheduled for Q3 2026, the current quarter. AMD’s foray into rack-scale architecture through Helios positions it to claim immediate AI market share, especially in the inference segment, as hyperscalers lean into lower-cost, higher-performance products.
Forecasts for inference vary, but they agree that it will be a far larger market than model training, with infrastructure expected to grow at a high double-digit compound annual growth rate (CAGR) through the middle of the next decade. Inference infrastructure is expected to more than double the model-training market, setting the stage for explosive growth at TSMC and AMD over the coming quarters.
Advanced Micro Devices is only part of the catalyst. Taiwan Semiconductor also manufactures products for Cerebras Systems (NASDAQ: CBRS), a key link in the AMD inference chain. Cerebras’ extra-large, inference-focused chips are designed to integrate natively with Helios racks, enabling lightning-fast token generation without high-bandwidth memory (HBM). Its latest earnings report revealed hyper-demand and accelerating activity tied to partners such as OpenAI and Amazon’s (NASDAQ: AMZN) AWS.
Analysts responded positively, highlighting the long-term opportunity and expansion plans, along with typical concerns, including front-heavy spending plans and macroeconomic uncertainty. Even so, the positives outweighed the risks, leading to numerous price-target increases and upgrades, with the trend extending into early August. As it stands, the group rates TSMC as a consensus Buy, with an 87.5% Buy-side bias, and sees the stock moving toward the high end of its range, which tops out at $650 as of mid-August.
Taiwan Semiconductor Is Set Up for Sustained Strength
The market is misjudging the nature of this opportunity; it’s more than a cyclical upswing in semiconductors. AI has changed everything: the way computing works, the Internet and agentic assistance. While the industry is shifting toward inference, we’re still in the earliest phases, and model-training capacity is still being built.
Much of the planned spending by hyperscalers and neoclouds is based on NVIDIA’s (NASDAQ: NVDA) Vera Rubin architecture, which won’t be available until 2027. NVIDIA is already planning its next generation, which will skip the 2nm process in favor of the next technology, 1.6nm. The takeaway is that TSMC will sustain business strength for the foreseeable future and potentially for the next decade or longer as AI capacity is unleashed and the technology advances.
Taiwan Semiconductor's price action reflects a summer 2026 peak but remains bullish overall. The market is in a robust uptrend, underpinned by steady volume, and the summer pullback found support in late July. The August story is that TSMC shares are rebounding in line with the underlying trend, with catalysts ahead. Among them is NVIDIA’s late-August earnings report, along with any report revealing solid, unbroken or improving AI demand.
CoreWeave Powers Up: The Asia Infrastructure Grab
Author: Jeffrey Neal Johnson. Originally Published: 8/5/2026.
Key Points
- CoreWeave is expanding into Indonesia with three planned AI data centers totaling 360 megawatts of contracted IT power.
- CoreWeave’s Leidos partnership could strengthen its public-sector AI cloud opportunity in defense and intelligence markets.
- CoreWeave still carries financial and volatility risks, including negative operating margins, heavy capital needs and elevated short interest.
- Special Report: Forget SpaceX. Buy the company Musk can't replace.
Institutional capital is aggressively rotating out of legacy software and flowing into the physical backbone of the artificial intelligence (AI) economy. With a market capitalization of roughly $41.7 billion, CoreWeave (NASDAQ: CRWV) represents a direct opportunity to participate in this monumental shift. Investors focused on underlying fundamentals understand that the physical compute pipeline operates much like a modern oil field: The operators securing megawatts of power today will dictate the technological capacity of tomorrow.
CoreWeave is capitalizing on this reality by aggressively expanding its global footprint. CoreWeave stock recently enjoyed multiple rallies of nearly 20%, signaling a shift in sentiment as the market digests the scale of this infrastructure buildup. With top-line revenue growth approaching 111% year over year and reaching approximately $5.13 billion annually, the financial profile reflects an enterprise prioritizing market dominance over near-term margin expansion.
Powering Up the Pacific Rim Pipeline
Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid (Ad)
A small Colorado company has secured rights to technology that could prevent the U.S. public power grid from collapsing — and billionaire Sam Altman is now an investor.
This under-the-radar firm is drawing serious attention from those watching the energy infrastructure space closely.
Click here to learn this company's name for free todayThe primary catalyst pushing CoreWeave higher is its calculated entry into the Asia-Pacific region. CoreWeave is laying the groundwork for a 360-megawatt footprint across three new data centers in Indonesia, which are slated to come online around 2028. For investors, understanding the strategic importance of this location is critical. Emerging markets are experiencing exponential demand for localized artificial intelligence compute, and regional developers require infrastructure situated close to their users to minimize latency for complex inference workloads.
These markets also face increasingly strict data sovereignty laws. Foreign governments increasingly view artificial intelligence as a matter of national security, mandating that sensitive data processing occur within their borders.
Legacy hyperscalers often struggle with the bureaucratic inertia involved in securing localized grid permits and scaling bespoke physical infrastructure in new territories. CoreWeave is effectively bypassing this gridlock. By establishing a 360-megawatt presence in Indonesia, the company can capture early market share in one of Southeast Asia's fastest-growing digital economies. This strategic land grab reinforces its robust revenue backlog and positions CoreWeave ahead of slower legacy competitors.
Securing the Federal Power Grid
This aggressive international expansion complements CoreWeave's domestic momentum. The company has already demonstrated an ability to secure highly sensitive government contracts, as evidenced by its recent secure cloud partnership with Leidos to serve the United States Intelligence Community and Department of Defense.
With roughly 49 data centers globally and contracts covering more than 3.5 gigawatts of power, CoreWeave is building a physical moat supported by reliable public-sector revenue pipelines. These high-clearance contracts provide the cash-flow visibility needed to fund capital-intensive international buildouts, including the Indonesian facilities.
Deflecting Headwinds in the Data Center Race
The trajectory for hyper-growth infrastructure rarely moves in a straight line, and recent weeks have introduced legitimate structural headwinds. In July, rumors surfaced that Meta Platforms intends to monetize excess capacity through a new internal compute division. The reports sparked a sharp sell-off across the sector and raised concerns that major clients could pivot toward direct competition, potentially leading to long-term margin compression.
While the Meta narrative created headline noise, fundamental sector tailwinds remain resilient. A prime example is the ongoing negotiation between NVIDIA (NASDAQ: NVDA) and OpenAI regarding a proposed $250 billion credit backstop for a 10-gigawatt data center campus in Ohio.
This proposed financing structure underscores the capital intensity of artificial intelligence infrastructure. The financial requirements for sustaining physical AI development are so substantial that only established, well-capitalized early movers can realistically compete at scale. If it takes a quarter of a trillion dollars to backstop a single mega-campus, the barriers to entry remain exceptionally high. This capital intensity creates a deep competitive moat that could protect CoreWeave from sudden market saturation.
Separating Tax Sales From Panic Selling
Another friction point for CoreWeave has been the optics surrounding corporate governance. Aggregate data showed heavy corporate insider selling throughout the second quarter, totaling roughly $3.27 billion. At first glance, an executive exodus ahead of capital-intensive international buildouts appears concerning.
However, a closer review of recent SEC Form 4 filings tells a different story. Many of these liquidations were nondiscretionary. Principal Accounting Officer Jeff Baker's late-July sale of 6,455 shares was executed strictly to cover tax withholdings on vested restricted stock units. Distinguishing between a planned corporate tax event and a lack of executive conviction is essential to maintaining a clear-eyed fundamental view. CoreWeave executives are managing standard tax obligations, not abandoning the underlying business model.
High Borrow Rates Spark a Volatility Powder Keg
The combination of strong fundamentals and aggressive geographic expansion highlights an immediate tactical setup. CoreWeave is entering a highly volatile window. Second-quarter earnings are officially scheduled for Aug. 11, 2026, and the options market is currently pricing in an implied move of approximately 12%.
Underneath the surface, the mechanics for a severe short squeeze are intensifying. Short sellers currently face punishing borrowing rates of up to 150% or more against an elevated short float. Paying a substantial borrowing fee drains capital daily, meaning short sellers are racing against the clock. When institutional bears are paying exorbitant fees to borrow shares in a stock that has rallied on expansion news, their margin for error can evaporate quickly.
Investors watching the Aug. 11 report should view it as a potential catalyst for a forced-covering event. If CoreWeave delivers strong forward guidance reflecting the Indonesian capacity additions or announces additional public-sector revenue pipelines, overleveraged short sellers could be forced to exit their positions simultaneously. Buying back shares to cover short positions inherently drives the stock price higher, creating a feedback loop of upward momentum.
For those evaluating exposure to the physical computing layer, CoreWeave presents a compelling blend of infrastructure dominance and near-term market mechanics. The balance sheet does show vulnerability, with a tight current ratio of roughly 0.31 and negative operating margins. This financial profile is common among providers executing highly capital-intensive global deployments, but it remains a primary risk factor to monitor.
Cautious investors may prefer to watch the Aug. 11 earnings report from the sidelines and see how implied volatility settles. Those with a higher risk tolerance and an appetite for strategic momentum plays might consider adding CoreWeave to a primary watchlist as its geographic expansion and short-squeeze mechanics converge.
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