Good Reads
Gold’s Obituary Just Got Published
On Tuesday morning, Bloomberg ran the headline: “Gold’s Bull Market Has Ended.” They’re not wrong about the tape. Gold broke below $4,000 last month — the worst monthly drop since 2008. Nearly $18 billion has left the gold ETFs since January. Now read the other headline that ran the same morning, on the same wire… Read on »
Gold Miners’ Near-Record Q2
The gold miners will soon report near-record quarterly results, likely their second-best ever. Ongoing high gold prices combined with growing production and lower mining costs will fuel fantastic blowout earnings. Read on »
Why Uranium Stocks Fell the Day Iran Started Shooting at Ships Again
Three ships took missiles in the Strait of Hormuz this week. Oil traders bid up tanker rates and war-risk insurance, which is the rational response to missiles hitting tankers. Uranium stocks did the opposite of what the geopolitics textbook says they should. Read on »
Community News
Bloom Energy criticism spotlights obscure but vital rare mineral Link>>
A Uranium Major Just Became One of Our Largest Shareholders (UraniumX) Link>>
ETFs Globally Added Gold in H1 Despite Selling in May and June Link>>
Unearthed: Calm in the Gold Market & What to Watch in Q3 Link>>
Uranium market fundamentals bullish Link>>