Gold is cheap versus Miner ETFs
Gold and Silver mining equities remain very cheap relative to gold.
Using historical prices and disregarding dilution, the upside of miners to current gold prices is
GDX: 96%
SILJ: 132%
GDXJ: 260%
Using historical prices and disregarding dilution, the upside of miners to current gold prices is
GDX: 96%
SILJ: 132%
GDXJ: 260%
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