General Mining vs. Gold Mining

Metals & Mining SPDR vs. Gold Mining XME includes base and precious metals miners and also service centers and other related businesses. It’s a broad view of mining with a bias toward steel last time I checked (last year sometime). What more proof do you need of the gold miners’ relative counter-cyclicality than the XME/GDX ratio? When inflationary operations by Central Banks and governments start … Continue reading General Mining vs. Gold Mining