The ratio of gold miners/gold based on GDX/GLD is near an all-time low.
The only months where it closed lower than today in late-2015 occurred immediately prior to gold miners rallying by 156% and dozens of gold explorers rallying by 500%-2,000%.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.