Why Stagflation Is Driving a Boom in Gold Bug Investing

In this episode of Stagflation Conversations, Lucas and Luna explore why the gold mining ETF GDX has surged over 5% in a single week while the broader market drifts sideways. With core inflation at 3.3% and GDP growth barely above 1.5%, investors are piling into hard assets. Lucas traces this back to the 1970s playbook when gold returned over 400% during the worst of stagflation. Luna questions whether the current geopolitical backdrop — including an ongoing conflict with Iran — is amplifying the move more than pure inflation data. They dissect GDX's performance, compare it to gold bullion itself, and ask whether holding miners actually hedges your portfolio or just adds leverage. Specific data points include: GDX up 5.3% over five days, gold at $4,537, and the S&P 500 sitting at 7,580. They also tie in a recent CNBC headline showing the average U.S. household paying $450 more annually on energy. A must-listen for anyone trying to understand whether the gold trade still has legs or if it's already getting crowded. #Gold #GDX #Stagflation #GoldMining #InflationHedge #HardAssets #GoldBugs #IranWar #EnergyInflation #CoreCPI #GDP #PortfolioStrategy #1970sPlaybook #PreciousMetals #Investing #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo