Gold Miners/Copper Miners Ratio Explodes to New Multi-Year High

The gold miners/copper miners ratio is continuing to explode to new multi-year highs finishing today at 0.9551. Gold miners are quietly outperforming almost all other industries in recent months and the money will soon trickle down to the highest quality gold explorers.

In 2016, the ratio rose to a high of 1.96.

In 2020, the ratio rose to a high of 2.60.

The gold miners/copper miners ratio is going back to the 1.96-2.60 range!

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.