 Breaking This Morning: One Ontario Gold Junior Files Proposes Spinning Out a 1% Gold Royalty Directly to Its Shareholders Hello Everyone, Gold has recently handed investors something it rarely offers anymore. A pullback. After trading near $4,600 per ounce in January, gold has come back to around $4,000. And while short-term traders react to the dip, the biggest names in the market have not moved their targets an inch. JPMorgan still sees $6,300 per ounce by year-end. That is more than 50% above where gold trades today. Goldman Sachs calls for $5,400. Bank of America says $6,000 this spring. The banks are not chasing the price. They are looking through the dip. The buyers with the longest time horizon never stopped. Central banks have been buying record amounts of gold every year. China has added to its reserves for 16 consecutive months. The World Gold Council reports that 76% of central banks plan to keep adding gold to their reserves. And here is the problem most gold investors are not thinking about. The supply side is broken, and it is not going to be fixed quickly. S&P Global tracked just six major gold discoveries worldwide since 2020. Six. They added roughly 27 million ounces combined to the global database. The world's top producers burn through that much in less than two years. So the majors are writing checks. Big ones. Great Bear was acquired for $1.8 billion. Osisko for $2.2 billion. Probe Gold sold at a 39% premium for $780 million. Every deal closes another door for investors looking to get ahead of the next one. The company we are looking at today controls a gold project in Northwestern Ontario with an Indicated Mineral Resource of 2.46 million ounces and an Inferred Mineral Resource of 4.21 million ounces of gold. The engineering firm that built Canada's Greenstone Mine conducted its PEA, which was published back in January and illustrates a base case scenario for the Moss Gold Project. The world's fifth-largest gold producer just took a 9.9% stake. And the drill bit is still turning. That company is Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF).
Further Reading from MarketBeat
Big Beautiful Boycott: Can It Really Hurt Coca-Cola, Amazon, and Kraft Heinz Stocks?Submitted by Chris Markoch. Publication Date: 7/7/2026. 
Key Points
- The Big Beautiful Boycott targets brands like Dasani, Prime Video, and Ore-Ida over their parent companies' ties to Trump-era political activity.
- Historical boycotts, including Bud Light's, show mixed effectiveness, suggesting company fundamentals often matter more to stock performance than boycott pressure.
- Coca-Cola, Amazon, and Kraft Heinz shares have all risen recently despite appearing on the boycott list, reflecting solid underlying business results.Stock
- Special Report: Trump's New Dollar
On July 4, 2025, President Donald Trump signed the One Big Beautiful Bill Act into law, a sweeping tax-and-spending package that extended key tax cuts, reduced or tightened eligibility for some federal programs, and increased funding for immigration enforcement. Later that year, a consumer movement called the Big Beautiful Boycott emerged, using the bill’s name as a point of contrast and targeting companies and brands that organizers say support political actors or organizations that undermine democratic rights and fair representation.
For investors, the more practical question is whether that kind of campaign can actually move stocks. Target Corporation (NYSE: TGT), for example, faced customer backlash in 2023 after some shoppers objected to LGBTQ+-themed products sold for Pride Month. Pride-related pushback, combined with an analyst downgrade, erased roughly $15 billion from Target’s market value by mid-June 2023. Shareholders later sued, alleging that the company had not adequately warned investors about the potential financial risks of the backlash. The controversy also unfolded as Target was dealing with weaker discretionary spending and lower comparable sales, and the company later reduced its profit expectations. Bud Light faced a similar culture-war backlash that same year after the brand sent a promotional package to transgender influencer Dylan Mulvaney. The boycott contributed to a steep decline in Bud Light sales, with CNN reporting that Anheuser-Busch InBev’s (NYSE: BUD) North American organic revenue fell $1.4 billion in 2023, primarily due to Bud Light’s U.S. sales decline and corresponding market-share losses. Even so, the longer-term stock reaction has been less severe than the initial brand damage suggested, underscoring how quickly investors can refocus on fundamentals, valuation, and cash flow. The takeaway is that while a boycott may hurt near-term sales or sentiment, the longer-term investment case still depends on fundamentals, brand strength, margins, cash flow, and valuation. That makes several stocks on the Big Beautiful Boycott list worth a closer look. Coca-Cola Stock Has So Far Shaken Off Boycott RiskWhile The Coca-Cola Company (NYSE: KO) itself does not appear on the Big Beautiful Boycott list, the campaign names at least two Coca-Cola-owned brands: Dasani and Minute Maid. The stated rationale is tied to Coca-Cola as the parent company, with organizers citing political donations by Coca-Cola affiliates, the company’s participation in Trump-era economic advisory efforts, and Coca-Cola CEO James Quincey’s presentation of a commemorative Diet Coke bottle to President Trump. But what does this boycott mean for Coca-Cola investors? So far, not much. KO is up over 3% in the past 30 days, and up nearly 19% in 2026 so far. While Coca-Cola does not break out revenue by Dasani or Minute Maid, its Q1 2026 earnings report showed consolidated unit case volume up 3%, North America volume up 4%, and water up 5%. The company’s broader juice, value-added dairy, and plant-based beverage category declined 1%, but that weakness was not enough to derail overall volume growth. Coca-Cola is not a fast-growing company. The company’s own long-range estimates call for organic revenue growth in the mid-single digits. That is not, however, the reason most investors own the stock. The bigger draw is the company’s status as a Dividend King, which it extended to 64 consecutive years in February 2026. Amazon's AI Investment Is a Bigger Test Than Any BoycottAmazon.com Inc. (NASDAQ: AMZN) appears on the boycott list through multiple parts of its consumer ecosystem, including Prime Video and Whole Foods. Organizers cite Amazon’s $1 million donation to President Trump’s inaugural fund, a separate $1 million in-kind streaming contribution from Prime Video, labor-related concerns, and broader legal and market-conduct criticism tied to Amazon’s Prime business. It would be a stretch to say this has had a meaningful impact on Amazon. Its stock is up more than 6% in 2026 so far, and the company’s Subscription Services revenue, which includes Prime memberships and digital media subscriptions, came in at over $13.4 billion in the last quarter, an increase of around 15% from the prior year. The bigger investor concern is the company’s forecasted capital expenditures for the artificial intelligence (AI) data center buildout, which could be as high as $200 billion. That may weigh on AMZN more than the boycott in the second half of the year. However, this is still a sum-of-its-parts company. Data shows U.S. online spending across retailers reached $26.4 billion during Amazon’s June 23-26 Prime Day event, up 9.3% from last year. That figure is not Amazon-only sales, but it still underscores Amazon’s ability to shape online shopping behavior at a time when consumers are focused on stretching every dollar. Kraft Heinz Stock Looks Cheap, But Consumer Pressure RemainsKraft Heinz (NYSE: KHC) doesn’t need any more bad news. While the company has been a favorite of value-seeking investors like Warren Buffett, its growth track record has been most evident in its dividend. And that dividend, which yields around 6.5%, still appears safe. Kraft Heinz pays an annual dividend of $1.60 per share, while management’s 2026 adjusted earnings per share (EPS) guidance is $1.98 to $2.10. While the campaign’s criticism appears aimed at Kraft Heinz as the parent company, the boycott list names several of its consumer brands, including Ore-Ida, Maxwell House, Jell-O, Stove Top, and Baker’s Chocolate. Organizers cite the White House's praise of Kraft Heinz’s planned $3 billion U.S. factory investment and the CEO's comments about potential economic policy benefits under the Trump administration. Nevertheless, KHC is up about 9% over the past 30 days, largely due to the company’s decision to pause the split of its Kraft and Heinz business units and refocus on a $600 million turnaround investment plan. The company will have to show investors that it can increase unit sales at a time when its core consumer is under pressure. Kraft Heinz has been one of the companies offering the most direct warnings that lower-income consumers are under pressure, and likely to remain so for the rest of 2026. Still, at about 12x forward earnings, Kraft Heinz is attractively valued for investors with the patience to wait for a broader economic recovery. The risk is that a cheap valuation alone may not be enough if volume pressure continues or the turnaround takes longer than expected.
Examples that we provide of share price increases pertaining to a particular Issuer from one referenced date to another represent an arbitrarily chosen time period and are no indication whatsoever of future stock prices for that Issuer and are of no predictive value. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT stock recommendations or constitute an offer or sale of the referenced securities.
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