Gold has been a tear lately. So naturally, gold miners caught my attention. Wanting to see how the gold miners were faring with respect to gold, I plotted a comparison chart and well, the chart certainly warranted a blog post. So, here it is.
The gold miners are lagging gold by around 15%! As can be seen above, they were quite in sync with gold until March, but since then, they have fallen way behind. Based on this chart, I am expecting a serious up move in gold miners in the near future.
Take care and good luck!