Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
How Stagflation Is Reshaping the Gold Mining Industry
Gold prices have surged past $4,200 an ounce, but gold mining stocks aren't keeping pace. Lucas and Luna explore the disconnect: why miners are struggling with rising costs, supply chain bottlenecks, and labor shortages even as bullion hits record highs. They unpack the specific margin squeeze facing companies like Newmont and Barrick Gold, and what the diverging performance of gold ETFs versus mining stocks tells us about stagflation's uneven impact. Using fresh data from June 2026—including a 2.8% weekly drop in gold futures and a 1.7% gain in the GDX mining index—they examine…
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