When the ratio is rising GDXJ outperforms GLD. Conversely, when the ratio is falling GDXJ falls faster than GLD. The ratio may be at resistance. Alas, I got cold feet today, and will leave proving the break out to those with warmer socks and deeper pockets. Will cheer you on from the side lines… Go gold.

Of course I can, and probably will, jump back in at any time…