Time to buy Gold Mining Stocks?

in #steemsilvergold10 months ago

My fellow Steemians,

Gold mining equities are severely undervalued relative to gold bullion as you can see on the chart below from Sprott.


The average gold/gold stocks ratio of the last 25 years is 0.2497x.
With todays ratio at about 0.05, gold stocks have to multply by a factor of 5 to get back at their 25 year average.

Time to buy Gold Mining Stocks?

Thank you for reading!