The 12-Month Countdown Has Already Started
On February 3rd, 2025, Treasury Secretary Scott Bessent made a statement that will fundamentally reshape American wealth over the next 12 months.
“Within the next 12 months,” Bessent declared, “we are going to monetize the asset side of the U.S. balance sheet.”
Most Americans heard these words and kept scrolling. They have no idea what’s about to hit them.
But you’re different. You’re reading this report. And by the time you finish, you’ll understand exactly what Bessent’s plan means—and more importantly, how to position yourself on the right side of the greatest wealth transfer since the Plaza Accord of 1985.
Let me be crystal clear about what’s coming: The U.S. government currently values its gold reserves at $42 per ounce on its balance sheet. Gold trades above $4,000 per ounce in the real world today. When they “monetize” this discrepancy—when they update the official gold price to reflect reality—the dollar will weaken by design.
This isn’t speculation. This is policy.
And it creates a binary outcome: Most Americans will watch their purchasing power evaporate. A small group of informed investors will capture extraordinary gains in three specific types of stocks.
Why History Is About to Repeat—Only Bigger
I need you to understand something critical: This has happened before.
In September 1985, finance ministers from the world’s five largest economies gathered at the Plaza Hotel in New York City. They signed an agreement to deliberately devalue the dollar against other major currencies. The stated goal was to reduce America’s massive trade deficit.
Within two years, the dollar lost 40% of its value against the Deutsche Mark and Japanese Yen.
Regular investors got crushed. The purchasing power of their savings accounts, bonds, and dollar-denominated assets collapsed. Middle-class families watched their nest eggs buy 40% less than they had two years earlier.
But something extraordinary happened to investors who understood the game.
Gold and silver mining stocks exploded. Companies that produced these metals—the ultimate stores of value during currency debasement—delivered returns that seemed impossible. Some junior gold miners surged over 10,000%. Silver miners jumped 900% or more.
This wasn’t a fluke. It was mathematical certainty.
When governments deliberately weaken their currencies, hard assets and the companies that produce them become the only safe harbor. And the profits can be staggering.
The Evidence Is Everywhere—If You Know Where to Look
Gold just hit $4,131 per ounce as of November 19, 2025. That represents a 52.24% gain over the past year alone. The metal has surged over 25% since the beginning of 2025, driven by inflation concerns and unprecedented economic uncertainty.
But here’s what should terrify every American holding dollars: According to the World Gold Council’s 2025 Central Bank Gold Reserves Survey, 95% of central banks expect global gold reserves to increase over the next 12 months. A record 43% of central bankers indicated their own institutions would increase gold holdings—the highest percentage ever recorded.
Think about that. The world’s monetary authorities—the people who actually manage billions in reserves—are buying gold at a record pace. They’re not buying dollars. They’re not buying Treasuries. They’re buying gold.
Why? Because they see exactly what Bessent is planning. And they’re protecting their nations’ wealth accordingly.
China has purchased gold for 11 consecutive months as of July 2025. Poland added 67 tonnes in the first half of 2025 alone, becoming the year’s largest official buyer. Kazakhstan bought 22 tonnes. Turkey added 17 tonnes. Even smaller nations like Cambodia, Qatar, and Ghana are accumulating gold reserves.
Central banks added over 1,000 tonnes of gold in each of the past three years—more than double the 400-500 tonne average of the preceding decade. This isn’t random. This is coordinated preparation for a monetary reset.
Ray Dalio, founder of Bridgewater Associates—the world’s largest hedge fund—put it bluntly: “If you don’t make this move, you understand neither history nor economics.”
The Silver Squeeze Is Even More Explosive
If you think gold’s setup is powerful, wait until you understand what’s happening in silver.
The silver market is experiencing its fifth consecutive year of supply deficits. That means demand has exceeded supply every single year since 2021. The cumulative shortfall from 2021-2025 approaches 800 million ounces—roughly 25,000 tonnes of unmet global demand.
In October 2025, silver prices surged to $54 per ounce before pulling back, representing a 76% year-to-date gain. The London Bullion Market Association’s “free float” silver—metal available for immediate withdrawal—stood at approximately 155 million ounces in September 2025. That’s enough to cover only six weeks of global demand, down from typical levels exceeding 300 million ounces.
South Korea and Japan have already run out of physical silver available for sale to retail investors. The Perth Mint in Australia reported experiencing more demand over the past five years than in the mint’s entire history, requiring facility expansion.
Here’s the part that should make your hair stand on fire: There are now estimated to be 250 to 400 paper silver contracts for every ounce of real physical silver available for delivery. When this ratio breaks—when enough contract holders demand physical delivery—the price will explode.
The silver market isn’t just tight. It’s a coiled spring waiting to release decades of pent-up pressure.
And there’s a specific reason this squeeze is accelerating right now.
The Nuclear Catalyst Nobody’s Talking About
On May 23, 2025, President Trump signed executive orders to quadruple America’s nuclear power capacity by 2050. The stated goal: expand from approximately 100 gigawatts to 400 gigawatts of nuclear capacity.
That means building 250-300 new nuclear reactors. In the near term, the administration targets 10 new reactors operational by 2030.
Here’s the problem—and the opportunity: The United States currently imports 95% of its enriched uranium. We produce almost none domestically. America consumed 47 million pounds of uranium in 2024 but produced only 700,000 pounds domestically.
The executive orders invoke the Defense Production Act, designate the nuclear fuel cycle as critical to national security, and mandate expansion of domestic uranium production, conversion, and enrichment capabilities.
Based on current uranium demand per gigawatt of nuclear capacity, annual U.S. uranium requirements are expected to increase from 47 million pounds to approximately 190 million pounds per year by 2050.
On October 28, 2025, the Trump administration announced an $80 billion strategic partnership with Cameco Corporation and Brookfield Asset Management to accelerate deployment of nuclear power using Westinghouse’s advanced reactor technology. This is the largest government commitment to nuclear infrastructure in American history.
But here’s what most investors miss: Bank of America expects uranium’s spot price to nearly double from approximately $67 per pound today to $120 by the end of 2025, then rise to $135 in 2026 and $140 in 2027.
The International Atomic Energy Agency predicts global nuclear capacity could increase 2.5 times from current levels by 2050 in their “high case scenario.”
Uranium is about to become the most strategic commodity in America. And there are only a handful of companies positioned to supply it.
The Three Stocks Positioned for Maximum Gains
After months of research and analysis, I’ve identified three companies that offer the perfect combination of leverage to the coming dollar weakness and the explosive commodity dynamics I just described.
These aren’t speculative penny stocks. These are established producers with real assets, current cash flow, and the strategic positioning to capture extraordinary gains over the next 12-24 months.
Stock #1: Franco-Nevada Corporation (NYSE: FNV)
Current Price: ~$189 (USD)
Market Cap: $37.99 billion
Business Model: Gold royalty and streaming
Franco-Nevada is the ultimate way to play gold without the operational risks of mining.
Here’s how it works: Instead of digging gold out of the ground themselves, Franco-Nevada provides upfront capital to mining companies in exchange for the right to purchase gold at heavily discounted prices (streams) or receive a percentage of mine revenue (royalties).
This business model delivers several critical advantages. Franco-Nevada gets exposure to rising gold prices without bearing exploration risk, permitting delays, labor disputes, or cost inflation that plague traditional miners. The company reported record Q3 2025 revenue of $487.7 million—up 77% year-over-year. Adjusted EBITDA hit $427.3 million, up 81%. Net income reached $287.5 million, up 89% from the prior year.
Management raised 2025 guidance for gold equivalent ounces to 495,000-525,000, up from previous estimates. The company is now completely debt-free after repaying its revolving credit facility.
In Q2 2025, Franco-Nevada made strategic acquisitions totaling $1.3 billion, including a 2.0-2.5% net smelter return royalty on the Côté Gold Mine for $1.05 billion and a 1.0% net smelter return royalty on AngloGold Ashanti’s Arthur Gold Project for $250 million.
The Arthur Project represents one of the largest new gold discoveries in the United States, with 3.4 million ounces of Indicated Mineral Resources and 12.9 million ounces of Inferred Mineral Resources.
Franco-Nevada’s diversified portfolio includes 423 assets across precious metals, oil, gas, and other minerals. Approximately 82% of revenue comes from precious metals, with 86% sourced from the Americas—providing geographic diversification while maintaining exposure to stable jurisdictions.
Here’s why this matters for the next 12 months: As gold prices continue climbing toward $5,000 per ounce and beyond, Franco-Nevada’s revenue will surge. But unlike traditional miners facing rising costs, Franco-Nevada’s royalty model means nearly every dollar of price increase flows directly to the bottom line.
Wall Street analysts currently rate Franco-Nevada a “Strong Buy” with 11 of 16 analysts recommending strong buy, four suggesting moderate buy, and one hold rating. The average price target of $224 implies upside, though I believe this dramatically underestimates the potential in a true dollar devaluation scenario.
During the 1970s gold bull market, royalty companies dramatically outperformed. During the 2001-2011 gold rally, they did it again. The pattern is clear and repeatable.
Expected 12-24 Month Return: 100-200%
Downside Protection: Excellent (diversified portfolio, no operational risk)
Dividend: Current yield ~0.8%, with consistent quarterly payments
Stock #2: First Majestic Silver Corp. (NYSE: AG)
Current Price: ~$12.63
Market Cap: $6.19 billion
Business Model: Primary silver producer
First Majestic is the purest play on the coming silver explosion.
Unlike most silver miners that produce silver as a byproduct of copper or gold mining, First Majestic is laser-focused on silver. The company achieved record Q3 2025 silver production of 3.9 million ounces—a 96% increase year-over-year.
The company operates four major mines in Mexico: San Dimas (silver/gold), Santa Elena (silver/gold), La Encantada (pure silver), and the recently acquired Los Gatos mine (70% ownership with Japan’s Dowa Metals holding 30%).
Here’s what makes First Majestic exceptional: All-In Sustaining Costs (AISC) decreased 1% to $20.90 per silver equivalent ounce in Q3 2025, even while production surged. That means First Majestic can extract an ounce of silver for roughly $21 and sell it for $50-54 in current markets.
Do the math: That’s $30-33 of pure profit per ounce. At 3.9 million ounces per quarter, that’s $117-129 million in quarterly profit from operations alone—and that’s before silver prices move higher.
The company reported record quarterly operating cash flow of $141 million and free cash flow of $98.8 million in Q3 2025, compared to $31.3 million in Q3 2024. First Majestic’s cash position exceeded $569 million at quarter-end, including $435 million in unrestricted cash.
Management is aggressively investing in growth. The company plans to drill 255,000 meters in 2025, compared to 182,909 meters in 2024. Recent results from San Dimas and Los Gatos have been encouraging, with multiple high-grade intercepts expanding known mineralization.
The Los Gatos acquisition was transformational. This mine alone produces approximately 6 million ounces of silver annually. Integration is proceeding on schedule, with a mining contractor being mobilized in Q4 2025.
Here’s the opportunity: First Majestic’s stock has surged 100% in recent months but still trades at a significant discount to its intrinsic value in a sustained high silver price environment. If silver reaches $75-100 per ounce—a conservative estimate given supply constraints—First Majestic’s profits would multiply several times over.
The company pays a quarterly dividend based on approximately 1% of net revenue. With rising silver prices, this dividend will grow substantially. The most recent quarterly dividend was $0.0052 per share, payable to shareholders of record as of November 14, 2025.
Expected 12-24 Month Return: 200-400%
Downside Protection: Good (strong cash position, operating mines, rising silver prices)
Dividend: Variable, approximately 0.17% current yield based on revenue formula
Stock #3: Cameco Corporation (NYSE: CCJ) or Uranium Energy Corp (NYSE American: UEC)
I’m providing two options here because each serves a different investor profile. Cameco is the established, lower-risk choice. Uranium Energy is the higher-risk, higher-potential-return option. Both are positioned to benefit enormously from America’s nuclear renaissance.
Option A: Cameco Corporation (NYSE: CCJ)
Current Price: ~$94.67
Market Cap: ~$44 billion
Business Model: Integrated uranium mining and nuclear services
Cameco is the second-largest uranium producer in the world, producing approximately 17% of global supply in 2024. The company operates the McArthur River/Key Lake operations in Saskatchewan (55% ownership) and Cigar Lake (55% ownership)—two of the world’s highest-grade uranium deposits.
In November 2023, Cameco and Brookfield Asset Management acquired 100% of Westinghouse Electric Company, with Cameco holding 49% and Brookfield 51%. This acquisition was transformational, giving Cameco vertical integration from uranium mining through nuclear reactor technology and services.
On October 28, 2025, Cameco announced its strategic partnership with the U.S. government to deploy at least $80 billion in new nuclear reactors using Westinghouse’s AP1000 and AP300 technologies. This partnership positions Cameco as the preferred uranium supplier for America’s nuclear buildout.
Q2 2025 results were exceptional: Total revenue surged 47% year-over-year to 877 million CAD ($634.1 million). Uranium segment revenues jumped 47% to 705 million CAD, with sales volume hitting 8.7 million pounds—up 40% from the prior year. Cameco’s share of Westinghouse swung to net earnings of 126 million CAD, compared to a 47 million CAD loss a year earlier.
For fiscal 2025, Cameco expects uranium production of 18 million pounds each from McArthur River/Key Lake and Cigar Lake operations. With spot uranium prices at $82.63 per pound as of September 2025—the highest levels of the year—and long-term contract prices at $83 per pound, Cameco’s revenue visibility is exceptional.
The company held 716 million CAD in cash and cash equivalents as of June 30, 2025, with 1 billion CAD in total debt and access to an additional 1 billion CAD undrawn credit facility.
Cameco has paid dividends consistently since its 1991 IPO, never missing a payment. The current dividend provides steady income while investors wait for uranium prices to reach Bank of America’s $120-140 per pound targets.
Wall Street consensus rates Cameco a “Strong Buy” with 11 of 16 analysts recommending strong buy. The average price target of $116.05 implies 22.61% upside, though again, this likely underestimates the potential in a true nuclear renaissance scenario.
Expected 12-24 Month Return: 75-150%
Downside Protection: Excellent (established operations, government partnership, long-term contracts)
Risk Level: Moderate
Dividend: Paid consistently since 1991
Option B: Uranium Energy Corp (NYSE American: UEC)
Current Price: ~$11.18
Market Cap: ~$5.8 billion
Business Model: Pure-play U.S. uranium producer
If Cameco is the safe choice, Uranium Energy Corp is the leveraged bet on American energy independence.
UEC is positioning itself as America’s dominant domestic uranium producer at precisely the moment the U.S. government realizes it cannot rely on foreign uranium supplies. The company operates entirely in the United States and Canada, with no exposure to geopolitically risky jurisdictions.
In the first half of fiscal 2025, UEC completed the $175 million acquisition of Rio Tinto’s Sweetwater Plant and Great Divide Basin uranium properties in Wyoming. This acquisition added 4.1 million pounds of licensed annual uranium production capacity and 175 million pounds of historic resources.
On August 1, 2025, the Sweetwater Uranium Complex received FAST-41 designation from the Federal Permitting Improvement Steering Council as part of implementing President Trump’s Executive Order on “Immediate Measures to Increase American Mineral Production.” This designation dramatically accelerates permitting timelines.
UEC commissioned its first new mine-unit at Christensen Ranch in Wyoming’s Powder River Basin in Q3 fiscal 2025, achieving approximately 130,000 pounds of uranium production with total costs of $36.41 per pound. The Wyoming operation is on track to deliver 1.1 million pounds in 2026, with production ramping toward 6 million pounds by 2030.
The company’s Texas operations are expected to start production in mid-2026, adding additional capacity to UEC’s portfolio.
Here’s what makes UEC explosive: The company is developing the United States Uranium Refining & Conversion Corp (UR&C), which would make UEC the only American company with end-to-end capabilities from mining through planned conversion of uranium into nuclear fuel. This vertical integration addresses critical national security vulnerabilities.
UEC’s financial position is strong with $271 million in cash, inventory, and equities as of Q3 2025, including 1.36 million pounds of U3O8 valued at $96.6 million. The company has no debt.
Goldman Sachs initiated coverage of UEC in August 2025 with a bullish outlook, noting the company’s domestic positioning as a “key competitive advantage.” BMO Capital Markets set a $7.75 price target in June 2025, implying 36% upside from then-current levels.
With uranium prices expected to double from current levels and UEC ramping production at precisely the right time, the leverage here is extraordinary. UEC could easily produce 6-10 million pounds annually by 2030, generating $500 million+ in annual revenue at $120 per pound uranium prices.
The risk is higher than Cameco—UEC is still ramping operations and hasn’t achieved full-scale production. But for investors willing to accept moderate risk for potentially outsized returns, UEC offers exposure that’s hard to match.
Expected 12-24 Month Return: 100-300%
Downside Protection: Moderate (production ramping, strong cash position, government support)
Risk Level: Moderate-High
Dividend: None currently
How to Position Your Portfolio
Here’s exactly how I recommend structuring your positions in these three opportunities:
Conservative Portfolio (Lower Risk, 75-150% Target Returns):
- 50% Franco-Nevada (FNV)
- 30% Cameco (CCJ)
- 20% First Majestic (AG)
This allocation emphasizes Franco-Nevada’s low-risk royalty model and Cameco’s established operations, with smaller exposure to First Majestic’s silver leverage.
Balanced Portfolio (Moderate Risk, 150-300% Target Returns):
- 35% Franco-Nevada (FNV)
- 35% First Majestic (AG)
- 30% Cameco (CCJ) or Uranium Energy (UEC)
This allocation balances gold, silver, and uranium exposure equally, providing diversification across three distinct but related themes.
Aggressive Portfolio (Higher Risk, 300-500% Target Returns):
- 40% First Majestic (AG)
- 40% Uranium Energy (UEC)
- 20% Franco-Nevada (FNV)
This allocation maximizes exposure to the highest-leverage opportunities (silver and domestic uranium production) while maintaining some downside protection through Franco-Nevada’s royalty model.
Entry Strategy and Timing
I recommend dollar-cost averaging into these positions over the next 30-60 days. Markets will be volatile, and attempting to time exact bottoms is a fool’s errand.
Here’s the specific approach:
Week 1-2: Deploy 25% of your intended allocation
Week 3-4: Deploy another 25%
Week 5-6: Deploy another 25%
Week 7-8: Deploy final 25%
This strategy ensures you don’t catch a falling knife if markets pull back temporarily, but you also don’t miss the move entirely if prices take off immediately.
For each stock, I recommend setting initial purchase targets:
- Franco-Nevada: $180-200 per share
- First Majestic: $11-14 per share
- Cameco: $90-100 per share
- Uranium Energy: $10-12 per share
If prices move above these ranges, still deploy capital but in smaller increments to manage risk.
Risk Management and Exit Strategy
No investment is without risk. Here are the specific risks to monitor:
For All Positions:
- A genuine resolution to U.S. fiscal problems (low probability)
- Unexpected Fed tightening crushing commodity prices
- Global recession reducing industrial demand
Gold/Silver Specific:
- Sustained U.S. dollar strength (unlikely given Bessent’s stated plans)
- Major central bank gold sales (also unlikely given survey data)
Uranium Specific:
- Delays in U.S. nuclear buildout
- Unexpected improvement in Russian uranium availability
- New uranium discoveries significantly increasing supply
Set stop-losses at 20% below your average cost basis for each position. This protects against catastrophic losses while giving positions room to breathe through normal volatility.
For exits, I recommend taking profits in tranches:
- 25% at 100% gain
- 25% at 200% gain
- 25% at 300% gain
- Hold remaining 25% for potential multi-bagger returns
This ensures you lock in substantial gains while maintaining exposure if the thesis plays out even better than expected.
The 12-Month Timeline
Here’s what I expect to unfold over the next 12 months based on Bessent’s statement and current market dynamics:
Months 1-3 (December 2025 – February 2026):
- Continued gold accumulation by central banks
- Silver supply tightness becomes mainstream news
- Initial permits approved for U.S. uranium projects
- Stocks begin outperforming as smart money accumulates
Months 4-6 (March – May 2026):
- Bessent announces specific plans for gold revaluation
- Dollar weakness accelerates
- Gold breaks $5,000 per ounce
- Silver tests $70-80 per ounce
- Uranium spot price reaches $100+ per pound
Months 7-9 (June – August 2026):
- Implementation of dollar revaluation begins
- Mainstream media finally recognizes the wealth transfer
- Retail investors rush into precious metals
- Our recommended stocks surge 100-200% from current levels
Months 10-12 (September – November 2026):
- Gold potentially reaches $6,000+ per ounce
- Silver could hit $100 per ounce in short squeeze
- Uranium prices above $120 per pound
- Our stocks deliver peak gains—this is when to take substantial profits
Why This Time Really Is Different
Every market commentator says “this time is different” before getting proven wrong. So let me be clear: The fundamentals driving gold, silver, and uranium aren’t different. They’re exactly the same as every other commodity bull market in history.
What’s different is the scale and coordination.
We’ve never seen central banks buy over 1,000 tonnes of gold annually for three consecutive years. We’ve never seen 95% of central banks expect to increase gold reserves simultaneously. We’ve never seen a U.S. Treasury Secretary explicitly state plans to “monetize the asset side of the balance sheet” with a 12-month timeline.
We’ve never seen silver experience five consecutive years of supply deficits with inventories at six-week supply levels. We’ve never seen paper-to-physical ratios of 250-400 to 1. We’ve never seen nations like South Korea and Japan simply run out of physical silver to sell.
We’ve never seen a U.S. president sign executive orders to quadruple nuclear capacity while importing 95% of required uranium. We’ve never seen an $80 billion government commitment to nuclear infrastructure. We’ve never seen Bank of America project uranium prices doubling within 12 months.
The pieces are all in place. The 12-month countdown has started. And most Americans have no idea what’s coming.
Your Decision Point
You now have information that 99% of Americans don’t possess. You understand what Bessent’s plan means. You know how the Plaza Accord played out in 1985. You’ve seen the data on central bank gold buying, silver shortages, and the nuclear renaissance.
You have three choices:
Choice 1: Do nothing. Keep your wealth in dollars, bonds, and traditional stocks. Watch your purchasing power decline by 30-40% over the next 24 months while inflation accelerates and dollar weakness compounds.
Choice 2: Take half measures. Buy a little gold, maybe some silver coins, tell yourself you’re prepared. Miss the extraordinary gains available in the actual producing companies positioned to benefit.
Choice 3: Take meaningful action. Allocate a substantial portion of your portfolio to Franco-Nevada, First Majestic, and Cameco or Uranium Energy Corp. Position yourself to capture 150-500% returns as Bessent’s plan unfolds exactly as announced.
I can’t make this decision for you. I can only provide the research, the data, and the roadmap.
But I can tell you this: In 1985, the people who understood the Plaza Accord and positioned accordingly changed their lives. The people who ignored it watched their wealth evaporate.
History doesn’t repeat exactly. But it rhymes with perfect rhythm.
The clock is ticking. Bessent gave us the timeline: 12 months to monetize America’s assets. We’re already one month into that window.
The question isn’t whether this will happen. Bessent told us it will.
The question is: Will you be ready?
Tom Anderson
Editor, Wall Street Watchdogs
November 21, 2025
Quick Reference: The Three Stocks
Franco-Nevada Corporation (NYSE: FNV)
- Gold royalty company with zero operational risk
- Record Q3 2025 results: Revenue +77%, EBITDA +81%
- Debt-free with $1.3B in recent strategic acquisitions
- Target return: 100-200%
First Majestic Silver Corp. (NYSE: AG)
- Pure silver producer, 3.9M oz Q3 production (+96% YoY)
- All-in costs $20.90/oz vs. $50+ silver prices
- Record $569M cash position
- Target return: 200-400%
Cameco Corporation (NYSE: CCJ)
- World’s #2 uranium producer, 49% Westinghouse owner
- $80B U.S. government nuclear partnership
- Target return: 75-150%
Uranium Energy Corp (NYSE American: UEC)
- Pure-play U.S. uranium producer
- $175M Sweetwater acquisition, FAST-41 designation
- Ramping to 6M lbs production by 2030
- Target return: 100-300%
Wall Street Watchdogs is committed to uncovering the truth about financial markets and helping individual investors prepare for systemic risks that mainstream media won’t discuss. We receive no compensation from the companies or assets we analyze. This article is for educational purposes only and should not be construed as investment advice.
