The price of gold surged over a record US$2,100/t.oz in March, following an average increase of more than 20% since 2011, and is close to topping US$2,200. Yet, gold mining stocks have declined more than 50% since 2011. Newmont Mining, the largest gold miner in the world, is down 60% from it’s high in 2022. … Continue reading In gold miners we (don’t yet) trust