Ten Years In The Making: Gold Miners Just Triggered A Breakout That Changes Everything

The bull market in precious metals and precious metals miners is still in its early stages.

Gold first began outperforming stocks in late 2024/ early 2025. From that point onward, the ratio between Gold and the S&P 500 has been in an uptrend. Indeed, there have been only three down months (out of 16) in this ratio since the bull market began!

It is important to note that the recent pullback in the precious metal has NOT negated this development. When we zoom out to look at the long-term Gold: S&P 500 ratio chart we see that the recent decline in this ratio was simply a back-test from the breakout that occurred last year. The fact that this ratio held above the line signals that former overhead resistance is now support. This is EXTREMELY bullish in the long-term.

Moreover, gold miners (GDX), the companies that generate cash flow based on gold prices, look poised for an EXPLOSIVE move higher. During major bull markets, gold miners outperform gold by a wide margin. As I write this, the ratio between gold miners (GDX) and gold has just broken out of a TEN-YEAR consolidation range/ base. Even a slight reversion to the mean would lead to triple-digit gains in the sector.

If you’re looking for guidance on how to profit from this, I can show you how.