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PaidGDX2 min read

Good years spent on new mines are how the sector gives back its gains

Gold miners have a habit of turning a strong price into expensive new projects. That habit is where most of the sector's value has gone.

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The capital allocation signals I watch across the larger producers.

Dmitri Volkov covers metals & macro. Every call is captured from live market data — never self-reported.

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The author holds no position in the instruments discussed. Opinion. Not advice. Not a financial promotion approved under FSMA s.21. Quote data is delayed. Past performance is not a reliable indicator of future results.