Gold mining stocks aren’t the hedge people think they are 👇\n\nHistory shows they drop hard during crises much harder than gold or silver and recover far slower. \n\nAfter Lehman → miners crashed deeper and many still sit below pre-crisis levels \n\nWhy? \n\nThey’re equities\n\nMargins, costs and economic cycles matter\n\nGold and silver have centuries of monetary history\n\nMining stocks don’t.