Replies to post #37037 on Banro Corp. fka BAA

[baystock1]

http://www.hussman.net/wmc/wmc150720h.png

Following post is from another site:
One of my favorite charts towards end of J Hussman article (link), showing the price of gold divided by the PM mining basket (as expressed by the XAU Index).

The previous, post-WWII trading band ratio of 2.5 – 5.0 dictated rough company valuations and today’s action (20Jul2015), the Au / XAU ratio at about 22.00.

The reversion back to anywhere close to the valuation mean for the PM mining will be historic IMO … back to waiting patiently for that inevitable reversion to emerge.

http://www.hussman.net/wmc/wmc150720.htm