The Mid-Cycle Shakeout: Buying the Dip in Top-Tier Royalties
Published 3 days ago • 12 min read
Mining Stock Monkey VIP Investment Memo #135 July 5, 2026 The Reality of a 30% Drawdown Since reaching its highs five months ago in late January 2026, the gold price has fallen significantly. If we take the intraday high of $5,598 back in January and the intraday low of $3,925 during Thursday of last week, the peak-to-trough pullback was about 30%. This decline has had a brutal effect on many of the companies in our portfolio and precious metals stocks in general. While the gold price peaked...
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