In 'On Gold'N Bonds' it was said the gold miners should outperform the actual metal for the next few weeks and also talked about the Gold/Crude ratio, and it's long-term ratio in the boom and bust cycles. Here are the updated graphs , once showing the performance of the miners vs the metal over the last couple of weeks, as well as an updated view of the Gold/Crude ratio.
It's time to lighten up in the miners for the short-term, they have went parabolic. Take some off the table or put on some protective spreads.
