Gold Miners Just Rallied Nearly 50%. Why They May Still Be Cheap

August 27, 2026 — Gold-mining stocks have rallied nearly 50% from their mid-July lows. Zach Abraham explains why some miners may still offer unusually compelling value—and why a rising stock price does not necessarily mean the underlying opportunity has disappeared. Zach walks through how replacement-cost economics can expose hidden value in mining companies, why strong assets and reserves can provide room to be wrong, and why “buying the dip” only makes sense when the valuation supports the decision. He also discusses Nvidia’s latest results, why traditional bond-market signals have become increasingly difficult to interpret, rebounds across several beaten-down software stocks, international markets and additional—explicitly anecdotal—context he received about the internal debate preceding the decision to enter Iran. 📈 Schedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com