When the GDX/Gold ratio rises, the Gold Miners rise more relative to Gold. Seeing this ratio rise is good to confirm a gold bull market. Gold miners should do well in the coming years.
I'm super bullish on the miners too. How do you chart the GDX against gold?
WinstonWolfe
⋅
@jcccheung21, Just go to the GDX chart then there is a divide function. Search for gold in USD and then hit enter. The ratio is then calculated for you.