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Greetings!

Between 2019 and 2024, multiple forces coalesced to drive gold to new all-time highs. Today, two of those factors continue to be gold�s primary drivers in the current market, while two new and incredibly powerful ones are starting to take effect.

In this new edition of AGE Gold Commentary, we'll detail the drivers of the gold price since 2019 and outline the most important fundamentals moving forward.

I'll recap the forces that drove gold to record highs in recent years, including 2024�s most important catalyst. I'll reveal the newest, extremely potent drivers affecting the gold market today. And finally, I'll explain why these combined factors are likely to propel the gold price into uncharted territory in 2025 and 2026.

So please join me for this important look the solid foundations and bright future of this historic bull market.

Sincerely,

Dana Samuelson
President