Gold Ratios Progressing - Gold Miners to Benefit

Gold ratios such as those to Oil/Energy and Copper/Industrial metals are trending up, and that is not good for the formerly inflated economy. But it is good for one unique, counter-cyclical industry, fundamentally

Gold Ratios are indicating our projected countercycle is slowly coming to be and that is to the benefit of the gold mining industry

Gold ratios such as those to Oil/Energy and Copper/Industrial metals are trending up, and that is not good for the formerly inflated economy (as manufactured in Q1, 2020 under the Fed’s monetary panic regime and Trump’s fiscal regime). *

But it is good for one unique, counter-cyclical industry, fundamentally.


First, a Look at Yield Curves

There has been a long and very slow gyration from an inflated cyclical to a counter-cyclical environment, which is still not obviously in view yet. But the “bust” side of the boom/bust continuum awaits as the 10yr-3mo Yield Curve has long-since joined the 10yr-2yr in steepening.

 

Yield Curves


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