{"id":182568,"date":"2026-08-08T17:01:09","date_gmt":"2026-08-08T17:01:09","guid":{"rendered":"https:\/\/www.europesays.com\/people\/182568\/"},"modified":"2026-08-08T17:01:09","modified_gmt":"2026-08-08T17:01:09","slug":"jamie-dimons-jpmorgan-sees-gold-reaching-5000-an-ounce-by-q4-a-bullish-case-for-investors-seeking-a-hedge-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/182568\/","title":{"rendered":"Jamie Dimon&#8217;s JPMorgan Sees Gold Reaching $5,000 an Ounce by Q4, a Bullish Case for Investors Seeking a Hedge"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">JPMorgan Chase&#8217;s (NYSE: JPM) second-quarter earnings update was notable for a warning from CEO Jamie Dimon. He listed a series of risks, likening them to tectonic plates and highlighting the potential for their collision to cause an earthquake. It was less of a prediction and more of a warning to investors that risk is elevated right now, at least partly because the stock market is trading near all-time highs.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">That&#8217;s the backdrop within which investors need to consider JPMorgan Chase&#8217;s prediction that gold will rise to more than $5,000 an ounce by the fourth quarter of 2026. And that it could move even higher thereafter, according to the giant bank&#8217;s outlook. Given Dimon&#8217;s concerns, this is not an idle prediction. Here&#8217;s how you can use that prediction to hedge your own portfolio.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Missed Nvidia in 2009? This Rare Signal Is Flashing Again.\u00a0In 2009, a &#8220;Double Down&#8221; signal flashed for a little-known chipmaker called Nvidia.\u00a0For the first time in years, that same &#8220;Total Conviction&#8221; signal is flashing for a company 1\/100th the size of Nvidia.\u00a0<a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=48ff7378-4db7-4f15-919b-028ecba76c8f&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-total-conviction%3Faid%3D11123%26source%3Disaediica0000074%26ftm_cam%3Dsa-dd-4%26ftm_veh%3Dtop_incontent_pitch_feed_yahoo%26ftm_pit%3D19375&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=abc4d1c3-6fb6-416e-b320-a58cf0ba9d59\" data-ylk=\"slk:Continue%20%C2%BB;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Continue \u00bb&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Continue \u00bb<\/a>  <\/p>\n<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/7907695FD31C63C7D87BF02344B51C781C476FCA36711C4B01307E6356818152\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fmotleyfool.com%2F52ae0c0ac4d3f33e8ab1f0818bc91f0e\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"JPMorgan Chase Chairman &amp; CEO Jamie Dimon.\" height=\"540\" width=\"960\" class=\"yf-j98iil loader\"\/><\/a> Image source: JPMorgan Chase &amp; Co.           The obvious ways to buy gold          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The easiest way to buy gold is to go to a jewelry store, but you&#8217;ll pay a massive markup. Jewelry isn&#8217;t a great investment. You could also go to a coin store and buy gold bullion. You&#8217;ll still have to deal with a material markup, but the bigger problem is that an ounce of gold will always be an ounce of gold. There&#8217;s no opportunity for growth. (You&#8217;ll also have to store the bullion you buy.)  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This is why many investors prefer to buy <a href=\"https:\/\/www.fool.com\/investing\/stock-market\/market-sectors\/materials\/gold-stocks\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=abc4d1c3-6fb6-416e-b320-a58cf0ba9d59\" data-ylk=\"slk:gold%20mining%20stocks;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;gold mining stocks&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">gold mining stocks<\/a>. These companies build and operate large mines, selling the gold and other metals extracted to generate revenue. Gold miners are actually leveraged to rising gold prices because their costs are generally fairly constant. Once gold is above their all-in costs, profits rise quickly. There are some problems, too. That gold miners are leveraged to falling gold prices, just as they are to rising prices, is a big one. But there&#8217;s also the risk of operating a small portfolio of mines. Mining is hard and expensive.  <\/p>\n<p>        A better way to invest in gold           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">A more attractive way to own gold is to invest in a streaming and royalty company such as Franco-Nevada (NYSE: FNV), Royal Gold (NASDAQ: RGLD), or Wheaton Precious Metals (NYSE: WPM). These companies provide capital to miners in exchange for the right to buy gold at a reduced price in the future. Generally, the price is set as a percentage of the current spot price, meaning the companies are effectively guaranteeing themselves a profit.  <\/p>\n<p>    Story Continues  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">On top of that, Franco-Nevada, Royal Gold, and Wheaton have more diverse portfolios than most miners. They have agreements with different miners in different regions of the world. Franco-Nevada, for example, has investments in 446 assets, with 121 of them actively producing revenues for the company. You are unlikely to find that level of diversification with a miner.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">And all three of these streaming and royalty stocks have solid dividend histories. Royal Gold has increased its dividend for 25 consecutive years. Franco-Nevada&#8217;s streak is up to 19 years. Wheaton&#8217;s dividend is variable, which would actually leverage investors to rising gold prices.  <\/p>\n<p>       Don&#8217;t ignore Jamie Dimon or JPMorgan         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">If you mix Jamie Dimon&#8217;s warnings with JPMorgan&#8217;s gold prediction, you might find you end up buying a streaming and royalty company as a hedge against market risk. But you could easily justify buying <a href=\"https:\/\/www.fool.com\/investing\/how-to-invest\/portfolio-diversification\/?utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=abc4d1c3-6fb6-416e-b320-a58cf0ba9d59\" data-ylk=\"slk:for%20diversification%20purposes;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;for diversification purposes&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">for diversification purposes<\/a>, too. When it comes to adding gold to your investment portfolio, companies like Franco-Nevada, Royal Gold, and Wheaton Precious Metals have a lot to offer.  <\/p>\n<p>          Should you buy stock in JPMorgan Chase right now?         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Before you buy stock in\u00a0JPMorgan Chase, consider this:  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The Motley Fool\u00a0Stock Advisor\u00a0analyst team just identified what they believe are the\u00a0<a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=1a107531-372e-4379-8a52-03cd497b3184&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001213%26ftm_cam%3Dsa-bbn-evergreen%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D19383&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=abc4d1c3-6fb6-416e-b320-a58cf0ba9d59\" data-ylk=\"slk:10%20best%20stocks;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;10 best stocks&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">10 best stocks<\/a>\u00a0for investors to buy now\u2026 and\u00a0JPMorgan Chase\u00a0wasn&#8217;t one of them.\u00a0The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Consider when\u00a0Netflix\u00a0made this list on December 17, 2004&#8230; if you invested $1,000 at the time of our recommendation,\u00a0you&#8217;d have $399,724!*\u00a0Or\u00a0when\u00a0Nvidia\u00a0made this list on April 15, 2005&#8230; if you invested $1,000 at the time of our recommendation,\u00a0you&#8217;d have $1,374,595!*  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">That performance is why people listen. With a track record of\u00a0beating the S&amp;P 500 by 4x,\u00a0Stock Advisor\u00a0offers a distinct advantage. Don&#8217;t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built for the long haul.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/api.fool.com\/infotron\/infotrack\/click?apikey=35527423-a535-4519-a07f-20014582e03e&amp;impression=1a107531-372e-4379-8a52-03cd497b3184&amp;url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-bbn-bn%3Faid%3D8867%26source%3Disaeditxt0001213%26ftm_cam%3Dsa-bbn-evergreen%26ftm_pit%3D19383%26ftm_veh%3Darticle_pitch_feed_yahoo%26company%3DJPMorgan%2520Chase&amp;utm_source=yahoo-host-full&amp;utm_medium=feed&amp;utm_campaign=article&amp;referring_guid=abc4d1c3-6fb6-416e-b320-a58cf0ba9d59\" data-ylk=\"slk:See%20the%2010%20stocks%20%C2%BB;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;See the 10 stocks \u00bb&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"ticker_pitch\">See the 10 stocks \u00bb<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">*Stock Advisor returns as of August 8, 2026.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">JPMorgan Chase is an advertising partner of Motley Fool Money. <a href=\"https:\/\/www.fool.com\/author\/2110\/\" data-ylk=\"slk:Reuben%20Gregg%20Brewer;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Reuben Gregg Brewer&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Reuben Gregg Brewer<\/a> has positions in Franco-Nevada. The Motley Fool has positions in and recommends JPMorgan Chase. The Motley Fool has a <a href=\"https:\/\/www.fool.com\/legal\/fool-disclosure-policy\/\" data-ylk=\"slk:disclosure%20policy;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;disclosure policy&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">disclosure policy<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><a href=\"https:\/\/www.fool.com\/investing\/2026\/08\/08\/jamie-dimons-jpmorgan-sees-gold-reaching-5000-an-o\/\" data-ylk=\"slk:Jamie%20Dimon&#039;s%20JPMorgan%20Sees%20Gold%20Reaching%20%245%2C000%20an%20Ounce%20by%20Q4%2C%20a%20Bullish%20Case%20for%20Investors%20Seeking%20a%20Hedge;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Jamie Dimon&#039;s JPMorgan Sees Gold Reaching $5,000 an Ounce by Q4, a Bullish Case for Investors Seeking a Hedge&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Jamie Dimon&#8217;s JPMorgan Sees Gold Reaching $5,000 an Ounce by Q4, a Bullish Case for Investors Seeking a Hedge<\/a> was originally published by The Motley Fool  <\/p>\n","protected":false},"excerpt":{"rendered":"JPMorgan Chase&#8217;s (NYSE: JPM) second-quarter earnings update was notable for a warning from CEO Jamie Dimon. He listed&hellip;\n","protected":false},"author":2,"featured_media":182569,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[164],"tags":[82417,82418,7535,805,806,1146,82420,53978,82419],"class_list":["post-182568","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jamie-dimon","tag-gold-miners","tag-gold-mining-stocks","tag-gold-prices","tag-jamie-dimon","tag-jpmorgan-chase","tag-nyse","tag-ounce-of-gold","tag-portfolios","tag-royal-gold"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/117060965697704003","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/182568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=182568"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/182568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/182569"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=182568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=182568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=182568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}