GREY:DRGDF - Post by User
Post by
xauxag9on Oct 03, 2017 11:06am
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Post# 26770498
PM miners have under-performed S&P 500 by 218% over 10 yrs
PM miners have under-performed S&P 500 by 218% over 10 yrs The gold and silver mining index (XAU) index has fallen 55% over the last ten years while the S&P 500 has risen by 163%. During this same period, the US national debt has risen from $8.95 trillion to current levels of about $20.2 trillion, a 125% increase. When markets get out of sync this much, we can expect some sort of "realignment" towards more rational price action. :)