Massive Breakout for Gold Miners/Copper Miners Ratio

In recent years, copper mining stocks have been in demand due to the EV scam, and gold mining stocks were out of favor.

We are seeing a massive breakout in the gold miners/copper miners ratio at this time.

After bottoming in May 2024 at 0.7049 the ratio has since increased to a new multi-year high of 0.9414.

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.