Newmont Earned $2.2 Billion Last Quarter. Gold Was Down 13%.

Newmont just reported $2.2 billion in quarterly earnings — during a quarter when gold fell 13%. Here’s the mechanism that explains how that’s possible, and what it means for precious metals investors.
Mining Margins Beat Google’s. Here’s What That Tells You About Gold.

At $4,000 gold and $60 silver, the companies pulling this metal out of the ground are generating margins that rival the most profitable technology businesses on earth. Precious metals investor Tavi Costa explains the mechanism — and what it means for long-term owners of physical gold and silver.
