Loading ...… on the yearlong GDX / GLD Ratio is testing this month’s breakout now …
… with the possibility of a springboard surge at some point in the not-too-distant future.
Everything is crossed as prices are still only scraping the bottom as the index funds continue to funnel funds primarily to tech stocks.
At some point inflation measures and commodity prices will escape the control of this rigged market – producing a generational Capital Rotation Event (CRE) to undervalued sectors.
With this being a Grand Supercycle Degree event it’s not surprising this is taking a very long time.
Hang in there folks.