Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
Why Stagflation Is Boosting Gold Mining Stocks
In this episode, Lucas and Luna examine the disconnect between gold's price surge and the broader stagflationary environment. On June 17, 2026, gold futures hit $4,347 an ounce, up over 3% in a week, while the GDX gold miners ETF has soared 18.2% in just five days. They explore why mining stocks are outpacing physical gold, the role of operating leverage and falling real rates, and whether the rally is sustainable if economic growth remains tepid. With unemployment flat at 4.3% and core CPI still rising, the hosts dissect what this means for investors. Lucas traces the historical…
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