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[Ticker]

Disclaimer - I am not a gold bug.  I own a little physical but I am not counting on the TEOWAWKI.

I just looked at the xau/gold ratio and it is at all time lows.  Does anyone know why gold miners have been beaten down so badly when gold is maybe 40% from its recent highs in 2010?

I am getting very bullish on the miners.

 

Edited by Ticker, 06 February 2016 - 11:34 PM.

[gannman]

probably because everyone is caught up in the bull market in stocks. which is done imo. the miners imho have bottomed fwiw just look at the charts abx nem gold aem paas au all looking good to me