IKN

a plague o both your houses

Chart of the day is…

…the gold/copper ratio:

Remember the period of mining sufferance we went through in 2013 and 2014? Prefer not to think about it too hard? Yeah well me too, but the point here is that the gold/copper ratio is back to where it was during the Death Of Everything period.

And as gold miners aren’t doing too badly (without it being a full scale party of course, but the numbers out of AEM, GG and even NEM show there’s profit being made), which can only mean it’s heady and full bull in the copper space.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.