Well, if your word is as good as gold, it's never been worth more. Gold prices hit $4,000 an ounce for the first time yesterday with investors looking for stability amidst geopolitical, trade and economic turmoil, a weaker dollar, and persistent inflation. And thus far this morning, it continues to climb with central banks and retail investors continuing to buy gold more than ever before.
The Senate moved yesterday, and is expected to vote again today to formally nix Biden-era anti-coal resource management plans that banned coal leasing in the powder river basin. A Congressional Review Act resolution for Montana passed today and similar votes on North Dakota and Alaska are expected today.
And the Washington Post carries a really thoughtful column on one journalist's visit to Pennsylvania's Enlow Fork Coal Mine, which is run by Core Natural Resources. The piece is called, "Down in a Pennsylvania mine, I saw coal's future," and it's a must read for anyone who wants to better understand the coal industry.
