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jt6455

09/22/16 4:15 PM

#11228 RE: slmlrd #11227

I think the strong equity market competes with the mining index. But to answer your question imo no the miners have yet to begin their move upward.

Gold is the monetary delta for currency and or fiat depending on which part of history one looks at. Big moves will be made when the derivative deviates to far from underlying pricing mechanism.