$XAU:$GOLD

This represents the Gold Miners ( XAU ) vs Gold the Metal

While Gold the metal has been in a Bull Market since the Bottom in 2000

Gold Stocks vs Gold ( The Product they sell ) have been in a Brutal Unconscionable Bear Market

They have put in what looks like a double bottom however

Goldtenter Chris has been watching this chart which I originally produced years ago and forgot

He reminded me today.

I added a thumbnail close up on the right.

Also added the Gold Price for dramatic effect so we can see just how Pathetic Investing in Gold Stocks has been since 1995 ! Perhaps the worst investment in HISTORY given the underlying “Fundamental” price for Gold

We had the BREAKOUT…Finally last week…but alas …it has now dropped back into this 25 year wedge and we still await the true breakout.

Are we destined to have our hearts ripped out yet again with this false breakout and another trip to the bottom line ?

Or are we going to see this Ratio breakout and herold the true Gold Bull I…IF it does though..Gold Stocks will go Nuckin Futz ! And we will be rewarded…may you all live so long

sheesh