Buffett's favorite chart just hit 209% - here's what that means for gold

This one chart Warren Buffett has called:

"Probably the best single measure of where valuations stand at any given moment."

It's not the Fed rate... earnings... or some moving average or RSI squiggle...

It's a chart so simple, so powerful, Buffett has used it to make his biggest moves - including when he walked away from the markets entirely in the late '60s.

It's known as the "Buffett Indicator."

And it just hit 209% - its highest level ever in financial history.

Translation: stocks are more overvalued now than before the dot-com crash... the 2008 meltdown... and yes, more overvalued than even 1929.

So it's no mystery why Buffett is sitting on a $325 billion cash pile.

Now he's hunting for the only asset able to protect his wealth as the next phase unfolds.

And I know what it is.

Buffett is likely about to buy gold - but not just the metal...

He's about to buy a massive stake in one specific gold miner that's still trading at a 43% discount to its free cash flow value.

I believe his position will show up in his August 15th 13F filing.

And if I'm right...

There will be a stampede of retail investors trying to follow him in.

That's why I've put together a special gold intelligence dossier - revealing:

• The exact miner I believe Buffett is targeting right now...
• Four smaller miners with 100X upside potential thanks to what I call "The Golden Anomaly"...
• And one gold royalty company is so profitable, it's already up 169% since 2024... with 10+ years of royalties left to collect.

Learn which company Buffett is likely to buy - and get details on my top four picks for the coming gold mania.

Garrett Goggin, CFA, CMT
Chief Analyst and Founder, Golden Portfolio

P.S.

**NOTE: The Buffett Indicator has never been wrong. Every time it flashes, gold outperforms. And this time, the gains could be truly historic.