 I've spent two decades tracking the forces that move gold... For 20 years I've lived inside the data, the cycles, the macro shifts... And what's happening right now between Saudi Arabia and the Chinese is a turning point that will move the price of gold in a way we haven't seen in generations. Because the Saudis have quietly walked away from a pact it struck with the U.S. in 1974... A pact that quietly ran the global financial system for the past half-century. The arrangement was simple: Saudi Arabia would price its oil only in U.S. dollars — which meant every nation on the planet had to stockpile U.S. Treasuries just to buy energy. That single agreement is the bedrock American financial supremacy has rested on for fifty years. And now, it's gone. The mainstream press barely covered the unwinding of this deal... And in the beginning, the surface looked calm. But the cracks are now impossible to ignore... Saudi Arabia inked a $7 billion currency swap with Beijing… Started clearing oil transactions in digital yuan… And plugged itself into mBridge, China's cross-border settlement network. Conflict with Iran is pushing Gulf states toward yuan-denominated oil contracts... And vessels moving through the Strait of Hormuz are now paying tolls in yuan, in crypto, in anything other than the greenback... On both shores of the Persian Gulf, the dollar's grip is loosening... and something else is taking its place. The collapse of this enormous, built-in global demand for dollars will rewrite how money works. Because if crude no longer requires dollars, then the world has no reason to warehouse U.S. currency. And when dollar demand softens… Treasury demand softens right alongside it. Ten-year yields are already creeping toward 4.4% — the level where the machinery starts to seize up. Weaker Treasury demand → climbing yields → Fed steps in → the printers fire up → and the dollars in your account quietly lose their muscle. That's the chain reaction unfolding in front of us. As the dollar weakens and foreign buyers walk away from American debt, gold has nowhere to go but up. A sinking dollar is the most powerful tailwind gold has ever known. But the smartest way to position for the dollar's decline isn't to load up on bullion… There's a different vehicle for capturing gold's next leg higher... An asset that's still priced at a dramatic discount to where gold itself is trading today. It's gold exposure at a fraction of the cost... Click here to see how it works. Best, Garrett Goggin, CFA, CMT
Chief Analyst and Founder, Golden Portfolio
Exclusive Story
3 Dividend Kings With Income, Stability, and a Possible CatalystReported by Chris Markoch. Date Posted: 6/16/2026. 
Key Points
- Coca-Cola, Colgate-Palmolive, and Stanley Black & Decker are Dividend Kings with durable payout records.
- A softer inflation outlook could help investors refocus on total return, not just dividend yield.
- Each stock offers a different mix of income, defensive stability, and recovery potential.
- Special Report: A tiny supplier at the center of Elon's AI infrastructure
Many market analysts believe the current environment of entrenched inflation and higher-for-longer interest rates will weigh on the economy into 2027. That combination has made dividend stocks less attractive in recent years. But what if that narrative is wrong? On June 14, the outline of a peace deal was announced between the United States and Iran. If—and it’s still a big "if" as of this writing—the agreement goes forward, the Strait of Hormuz will reopen, easing oil prices, which have been a major contributor to the recent spike in inflation.
If inflation drifts lower, the odds of additional rate hikes will decline. In fact, it would rekindle investor hopes for a rate cut later in 2026 or in early 2027. That combination would allow investors to focus on a stock’s total return potential, which includes dividend yield plus capital appreciation. One area to focus on is dividend kings that look undervalued. Coca-Cola Continues to Reward Long-Term ShareholdersCoca-Cola Co. (NYSE: KO) is up more than 14% in 2026 and showing why it fits perfectly with Warren Buffett’s value investment strategy. Over the past five years, KO is up more than 48% and has delivered a total return of over 71%. That includes its dividend, which yields about 2.6% and has increased for 64 consecutive years. Coca-Cola is often compared with PepsiCo (NASDAQ: PEP), and in better times, Pepsi had the upper hand because of the diversity of its Frito-Lay acquisition. But in an economy where companies face margin pressure, Coca-Cola is benefiting from its more streamlined business model. In the current quarter, Coca-Cola could get a marketing boost from its FIFA World Cup sponsorship, which may help offset ongoing pressure from higher commodity prices. That pressure isn’t likely to fade quickly, but the annualized increases should normalize. Stock charts tell a story, and the KO chart shows a company that has been a buy on any pullback. More importantly, the stock is up significantly since falling to around the low-$40s during the March 2020 market sell-off. Colgate-Palmolive Delivers Stability and Dividend GrowthThe prevailing narrative has been that consumer staples stocks have performed poorly. But as history has shown, quality matters. Over the last five years, Colgate-Palmolive (NYSE: CL) is up over 8.5%. It hasn’t outperformed the broader market, but it has delivered the defensive stability and dividend income investors expect from a high-quality consumer staples stock. The near-term setup looks stronger. The stock is up more than 14% in 2026, and the company has demonstrated its ability to manage the impact of higher raw-material and logistics costs. Summer travel demand is expected to remain solid, which should help sales of the company’s signature personal care products. Investors should also not be so quick to discount Colgate-Palmolive's pet care segment, which includes the Hill’s brand. As of June 15, CL trades about 5.8% below the consensus price target of analysts tracked by MarketBeat, which stands at $95.88. The next catalyst for the stock could come from its earnings report expected in late July, which could reset the outlook for the stock in the second half. Either way, investors are getting a dividend that has increased for 63 consecutive years, yields 2.34%, and pays out $2.12 per share annually. Stanley Black & Decker Offers Income and Recovery PotentialStanley Black & Decker (NYSE: SWK) is an industrial stock with a consumer story that may be ready to refire. The company’s Q1 2026 earnings report showed strength in the company’s Engineered Fastening and PRO segments. That reflects the increased infrastructure spending flowing into the economy. That's helped push SWK up more than 30% in the last 12 months and over 14% in 2026. Unlike the steadier consumer staples names, Stanley Black & Decker is still a recovery story, with shares well below prior highs. That weakness is also part of the opportunity. The company is a go-to name for the literal picks and shovels needed to build out infrastructure in all its forms. In the second half, a stronger consumer could be a catalyst worth watching. Stanley Black & Decker is the parent company of the CRAFTSMAN brand. That’s part of the Tools and Outdoor segment, where organic revenue was down 1%, primarily due to lower retail volumes in North America. But that’s where the opportunity may be. In the meantime, investors are being paid well to wait on SWK. The company’s dividend has increased for 58 consecutive years, yielding 3.88% and paying $3.32 per share annually. . |
