Gold, Gold Stocks, and the End Game

We have seen the bottom in the gold market and gold stocks.
Evidence:
1. Examine the 30 year chart of the monthly XAU (gold stock Index) to Gold ratio. You can see that the downtrend in the ratio has lasted about 20 years – since 1996. The ratio is now at all-time lows in the form of a contracting triangle. The triangle appears broken to the upside.

This post was published at GoldSilverWorlds on February 5, 2016.