John Rubino's Substack

John Rubino's Substack

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John Rubino's Substack
Saved By a Rising Gold Price, Part 2
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Saved By a Rising Gold Price, Part 2

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John Rubino
Mar 16, 2025
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John Rubino's Substack
John Rubino's Substack
Saved By a Rising Gold Price, Part 2
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The just-completed Q4 earnings season was a good one for most gold miners, thanks to a gold price that was up by about 30% year-over-year. But for some in the industry, the difference between what they reported and what they would have had to report if gold hadn’t risen was especially stark.

This big royalty company was spared what would have been a brutal Q4 report, and is now looking at even better numbers going forward.

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