Mining stocks still 48% below 2011 highs, but strong gains on the horizon
It's remarkable to see gold miners achieve their highest weekly close in over a decade, followed by another strong start this week.
I've mentioned this before, but I strongly believe we are entering a "Golden Age of Mining."
With metal prices now well above production costs,… pic.twitter.com/TgRCEF6Bue
— Otavio (Tavi) Costa (@TaviCosta) March 17, 2025
Impressive.
Despite the S&P 500 being down year to date, gold miners are now up 33%.
Markets are undergoing a major rotation in my view, with capital flowing into hard asset-based businesses. pic.twitter.com/j3oxMv2oH0
— Otavio (Tavi) Costa (@TaviCosta) March 18, 2025
⚠️BREAKING:
*SPOT GOLD HITS RECORD HIGH AT 3,028.49/OZ pic.twitter.com/uXM996nwSN
— Investing.com (@Investingcom) March 18, 2025