New Decade Long Period of Gold Miner Outperformance

We have entered into a new decade long period where gold miners will outperform all other sectors of the market.

The HUI Gold Miners Index/S&P 500 ratio surpassed its 200-day moving average this week!

The HUI Gold Miners Index/S&P 500 ratio bottomed in September at a two-decade low!

Previously, after the HUI Gold Miners Index/S&P 500 ratio bottomed in November 2000, gold miners gained 21X more than the S&P 500 over the following 10+ years! Most of the strong outperformance of gold miners occurred during the first 3 years of the rally!