Gold Dragon Daily

Friday's yield-focused wrap: Markets, sectors, Treasury yields, commodities, oil, gas, real estate, and credit. Weekly overview and forward look.

Show Notes

Welcome to Gold Dragon Daily, an AI-powered podcast by Gold Dragon Investments, helping you win the game of passive investing. For more information, visit GotTheGold.com. I'm your host, Justin 2.0.

This is Market Pulse — Friday's numbers.

Market Snapshot:
  • S&P 500: 6,646 (down 0.33%)
  • Dow: 45,973 (down 0.65%)
  • Nasdaq: 22,674 (down 0.36%)
  • Friday futures pointing lower on regional bank concerns
Weekly Overview:
  • Monday: 2.2% Nasdaq rally on softening China trade tensions
  • Thursday: Selloff on regional bank loan worries erased gains
  • Real estate led sectors: +1.7% Wednesday (Prologis strength)
  • Energy lagged: Down over 4% on falling crude prices
Yields & Cost of Capital:
  • 10-Year Treasury: 3.96% (below 4% for first time since April)
  • 2-Year Treasury: 3.41%
  • Yield curve: Inverted at -55 bps but narrowing
  • Fed cut probability: 95-99% for 25 bps cut Oct 28-29
  • Target range: 3.75% to 4%
Commodities:
  • WTI Crude: $57.37 (down 4%+ on rising supply)
  • Brent: $60.98 (down sharply)
  • Spread: ~$3.60
  • Gold: $4,341/oz (all-time high on safe-haven demand)
  • Silver: $54.07/oz
  • Copper: $4.88/lb (mixed industrial demand)
Oil & Gas:
  • Production elevated, no OPEC cuts
  • Permian breakevens: $48-$52
  • Target: Sub-$50 breakevens, hedge floors above $70
  • Gas: $2.93/MMBtu (mild weather, high storage)
  • Strategy: Lock winter contracts at favorable levels
Real Estate:
  • Industrial cap rates: 5.5-5.7% near logistics hubs
  • Multifamily: 6.2% in secondary markets
  • Mortgage rates: ~7% (falling with Treasury yields)
  • Best opportunities: Industrial sub-5.7% caps with long-term leases
Credit Markets:
  • SOFR: 4.29% (up from 4.19%, tightening liquidity)
  • Credit spreads widening globally
  • Regional bank loan concerns raising red flags
  • Strategy: Senior secured, SOFR plus 650+, LTV under 65%
Headline Movers:
  • Broadcom: Soaring on OpenAI partnership
  • ASML: Beat earnings on strong chip equipment bookings
  • Regional banks: Hammered on loan fears (Zions, Western Alliance)
  • Salesforce: +4% standout tech performer
Bottom Line:
  • Yield curve signals lower rates but credit stress rising
  • Oil: Target sub-$50 breakeven operators with strong hedges
  • Gas: Selective exposure, winter contracts locked
  • Real Estate: Industrial sub-5.7% caps near logistics hubs
  • Credit: Senior secured, SOFR plus 650+, LTV under 65%
  • Risk-off environment: Safe-haven assets rallying, risk assets under pressure
  • Strategy: Stay defensive, stay patient, wait for better entry points
Visit GotTheGold.com. Make it a great day.

What is Gold Dragon Daily?

Gold Dragon Daily: Your Essential Private Markets Podcast

The only daily podcast delivering twice-daily insights for investors winning the game of passive investing through private markets—whether you're accredited, building toward it, or exploring your first alternative investment.

What You Get:

Market Pulse (5 AM Daily) - Data-driven updates on US private markets covering energy sector investing, commercial real estate trends, multifamily market analysis, and private credit opportunities. Real-time market updates on natural gas investments, oil and gas private equity, renewable energy infrastructure, and institutional real estate capital flows.

Game Theory (5 PM Daily) - Pure nerd entertainment meets strategic wealth building. Explore Dungeons & Dragons, Warhammer 40K, and tabletop gaming principles that teach calculated risk-taking, resource management, elite performance, and the adventurer's mindset. This isn't just gaming talk—it's how legendary campaigns reveal the psychology that separates winners from everyone else in investing and life.

Perfect For:
- Investors seeking private market opportunities (accredited or building toward it)
- Fund managers and capital raisers in energy and real estate
- Institutional investors allocating to private credit and alternative investments
- Sophisticated investors building strategic wealth through passive investing
- Entrepreneurs and business leaders exploring private market capital
- Gamers, dungeon masters, and tabletop strategists who love D&D, Warhammer 40K, and board games
- Anyone who sees the connection between gaming strategy and wealth building

Your Host: Justin 2.0, powered by Gold Dragon Investments, delivering institutional-grade market analysis and strategic mindset training twice daily, seven days a week.

Daily Dominance: While others publish weekly, Gold Dragon Daily gives you the unfair advantage of consistent, twice-daily content that compounds into total market authority. Morning: private markets data. Evening: nerd wisdom. No fluff, no hype—just pure analysis and strategic mindset training.

Subscribe now for 3-5 minute episodes that sharpen your understanding of private markets investing, commercial real estate opportunities, energy sector trends, D&D strategy, Warhammer 40K lore, tabletop gaming insights, and the winning mindset that builds generational wealth.

Download "Strategic Wealth: The Hidden Power of Private Market Energy" and join The Gold Dragon Investor Club at GotTheGold.com