Saturday, February 23, 2008

GOLD VERSUS GOLD STOCKS












Throughout the late 90s, gold outperformed gold stocks, but that reversed in the earlier part of this decade through the start of 2004. Since 2004, however, the two have been trading relatively inline with each other, with gold stocks lagging for about a year and a half now. The ratio is currently just slightly above the average since 1993.

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