Monday, June 16, 2014

Gold Stocks Performing Better than the Metals

Schiff, in the interview at Gold Seek Radio, highlights one of the better bullish (in my mind and others) signals in the precious metal space- the equities performing better than the metal.

Just look at the performance figures for the Phily Gold/Silver Index (green), Gold (red), Silver(purple), with the Gold/Silver Index generally performing better than the metals through 2014.

Further still, take a look at the performance of the gold/silver brokers, Royal Gold (RGLD) and Silver Wheaton (SLW). In the below chart RGLD (pink) and SLW (green) have outpaced both gold (red) and silver (purple). The brokers have some of highest leverage to changes in the precious metal prices and their outperformance suggests that equity investors are lining up for an improvement in the metal prices.

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