Extreme Gold:Hui Ratio

Bob Loukas at the Financial Tap discusses the current position of the miners and includes a long term chart of the gold price:gold miners ratio, reminding us of the extremes reached during the recent sell off. Of course the ratio may mean revert two ways, with a recovery in the miners or as the gold price breaks lower whilst the miners fall less or stabilise. Indeed a recovery for the precious metals sector "should" expect the miners to lead the metal.