Peak Gold and a classic setup in the mother of all mining jurisdictions

In a recent Equity Guru article, we talked about gold’s underperformance in the face of off-the-charts geopolitical and economic uncertainty. The explanations for said underperformance vary from the ‘Barbarous Relic‘ argument to deeply impassioned beliefs that the yellow metal is in the grips of an organized price suppression campaign, one carried out by a number of central banks around the globe… a deep state or ‘cartel’ if you will.