Nevada Struck Gold? The Inflation Problem Behind the Surplus
Published . Updated .
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Nevada collected $1.92 billion in sales tax last fiscal year, up about 8.5% and $113 million more than the state’s own forecasters expected. Headlines say Nevada struck gold with a $1 billion surplus....
Directly affected
- No company is named in this report.
Indirectly affected
- GLD SPDR Gold Shares-4.7% 30d
SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- GDX VanEck Gold Miners ETF-12.0% 30d
VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story.
- TIP iShares TIPS Bond ETF-0.4% 30d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- NEM Newmont-13.0% 30d
Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.
- AEM Agnico Eagle Mines-8.5% 30d
Agnico Eagle Mines (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.
- WPM Wheaton Precious Metals-22.5% 30d
Wheaton Precious Metals (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.
- GOLD Gold.com-14.2% 18d
Gold.com (jewelry, watches, precious stones and metals): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| GLD | -2.94% | -0.03% | base | after close | after close | after close | after close |
| GDX | -9.60% | -3.44% | base | after close | after close | after close | after close |
| TIP | +0.09% | -0.20% | base | after close | after close | after close | after close |
| NEM | -9.75% | -2.27% | base | after close | after close | after close | after close |
| AEM | -11.08% | -4.25% | base | after close | after close | after close | after close |
| WPM | -12.58% | -3.50% | base | after close | after close | after close | after close |
| GOLD | +6.73% | +10.07% | base | after close | after close | after close | after close |
| WMT | +1.78% | +2.99% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Nevada Struck Gold? The Inflation Problem Behind the Surplus Yahoo
Source: Yahoo
Spdr Gold Trust (GLD) since “Nevada Struck Gold? The Inflation Problem Behind the Surplus,” compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| Agnico Eagle Mines (AEM) | three days earlier | -4.25% | final price |
| Agnico Eagle Mines (AEM) | five days earlier | -11.08% | final price |
| Vaneck Etf Trust (GDX) | three days earlier | -3.44% | final price |
| Vaneck Etf Trust (GDX) | five days earlier | -9.60% | final price |
| Spdr Gold Trust (GLD) | three days earlier | -0.03% | final price |
| Spdr Gold Trust (GLD) | five days earlier | -2.94% | final price |
| GOLD | three days earlier | +10.07% | final price |
| GOLD | five days earlier | +6.73% | final price |
| Newmont (NEM) | three days earlier | -2.27% | final price |
| Newmont (NEM) | five days earlier | -9.75% | final price |
| Ishares Tr (TIP) | three days earlier | -0.20% | final price |
| Ishares Tr (TIP) | five days earlier | +0.09% | final price |
| Walmart (WMT) | three days earlier | +2.99% | final price |
| Walmart (WMT) | five days earlier | +1.78% | final price |
| WPM | three days earlier | -3.50% | final price |
| WPM | five days earlier | -12.58% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Newmont (NEM), worth $1,001 - $15,000 on 24 Aug 2026. That is 76 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Wheaton Precious Metals (WPM), worth $1,001 - $15,000 on 26 Aug 2026. That is 74 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 37 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 41 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 44 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST), worth $100,001 - $250,000 on 13 Oct 2026. That is 26 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Costco Wholesale (COST) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 37 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Costco Wholesale (COST) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 44 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Procter & Gamble (PG), worth $1,001 - $15,000 on 23 Oct 2026. That is 16 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. David J. Taylor sold Procter & Gamble (PG), worth $1,001 - $15,000 on 12 Oct 2026. That is 27 days before publication. Filed 15 Oct 2026. View the filing.
- Rep. Pete Sessions sold Procter & Gamble (PG), worth $1,001 - $15,000 on 8 Oct 2026. That is 31 days before publication. Filed 27 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Spdr Gold Trust (GLD)
Companies carried with this story
- GLD Spdr Gold Trust
Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence in the 8 Nov 2026 story “Nevada Struck Gold? The Inflation Problem Behind the Surplus.” Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
- GDX Vaneck Etf Trust
For “Nevada Struck Gold? The Inflation Problem Behind the Surplus,” Vaneck Etf Trust (GDX) is linked, with no stored direction, medium confidence. Reason on file: VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story
- TIP Ishares Tr
Ishares Tr (TIP) is linked, with no stored direction, medium confidence in the 8 Nov 2026 story “Nevada Struck Gold? The Inflation Problem Behind the Surplus.” Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story
- NEM Newmont
In “Nevada Struck Gold? The Inflation Problem Behind the Surplus,” Newmont (NEM) is linked, with no stored direction, medium confidence. Reason on file: Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- WMT Walmart
In “Nevada Struck Gold? The Inflation Problem Behind the Surplus,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- AEM Agnico Eagle Mines
In “Nevada Struck Gold? The Inflation Problem Behind the Surplus,” Agnico Eagle Mines (AEM) is linked, with no stored direction, medium confidence. Reason on file: Agnico Eagle Mines (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- COST Costco Wholesale
Costco Wholesale (COST) is linked, with no stored direction, medium confidence in the 8 Nov 2026 story “Nevada Struck Gold? The Inflation Problem Behind the Surplus.” Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
- PG Procter & Gamble
In “Nevada Struck Gold? The Inflation Problem Behind the Surplus,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story
How “Nevada Struck Gold? The Inflation Problem Behind the Surplus” reaches Spdr Gold Trust (GLD)
“Nevada Struck Gold? The Inflation Problem Behind the Surplus” (8 Nov 2026) reaches Spdr Gold Trust (GLD) through this story.
The link for Spdr Gold Trust (GLD) is this: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
Also listed, Vaneck Etf Trust (GDX): VanEck Gold Miners ETF: it follows gold or gold miners. Linked by “gold” (gold) in this story
Price levels for Spdr Gold Trust (GLD)
GDX traded between 78.92 and 89.70 across 20 sessions. The latest close on file is 83.13. GLD traded between 373.41 and 394.14 across 17 sessions. The latest close on file is 379.67. TIP traded between 103.77 and 105.61 across 17 sessions. The latest close on file is 105.27.
How solid “Nevada Struck Gold? The Inflation Problem Behind the Surplus” looks
46 out of 100
“Nevada Struck Gold? The Inflation Problem Behind the Surplus” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.