⛏ America’s Most Valuable Acre is Empty

America’s Most Valuable Acre is Empty
On January 10, 1901, six tons of drilling pipe blew right up into the air from a well outside Beaumont, Texas. Then came mud. Then gas. Then oil. The Lucas gusher ran at a hundred thousand barrels a day for nine days. It started the Texas oil age, and under it was a rock you’ve salted your eggs with all your life and never once thought of owning. A salt dome. Read on »

Hedge fund with 235% return says gold price decline is temporary
Australian hedge fund manager Raphael Lamm, whose long-short gold fund has delivered a net return of more than 200% to investors since its launch last year, sees the recent decline in bullion as temporary, arguing that the key forces underpinning its long-term rally remain intact. Read on »

Chinese Gold Imports Hit Highest Level in Nearly a Decade
So far this year, Chinese gold imports are at the highest level since at least 2017. China ranks as the world’s largest gold market. Through the first eight months of 2026, China spent $158.8 billion to import more than 1,100 tonnes of gold, according to China’s General Administration of Customs. That’s already far above the total imported in 2025. Read on »