Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
How Stagflation Is Rewriting the Rules for Gold Miners
Gold miners are outperforming stocks in a stagflation era, with the GDX ETF up over 16% in a single week. Lucas and Luna dig into the mechanics: why gold miners act as a leveraged play on the metal, how their costs are inflating, and whether the recent surge is sustainable. They examine the earnings math, the capital discipline miners have shown since the last boom, and the tricky question of whether gold is a hedge or a bubble. Along the way, they compare today's environment to the 1970s, when miners eventually delivered but not without serious volatility. If you've ever wondered…
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