In the video, I discuss the recent momentum in gold prices and the underperformance of gold miners. Gold is trading near its highs, while gold miners are still down by around 30%. The mismatch in performance between gold and gold miners raises concerns and suggests caution, as it may indicate a temporary rise in gold prices.
Gold miners may not catch up with gold prices until the stock market experiences a sustained rally. The current situation in the gold market remains convoluted and confusing, and the next major super cycle rally may not happen until… Read On
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