FlowBank

1231 days ago • Posted by Charles-Henry Monchau

Miners to Gold ratio continues to form a massive long-term base

Crescat capital views this as a very bullish sign both for precious metals and the miners. They highlight that it is the first time in history that miners have reported 4 straight quarters of positive Free Cash Flow, i.e they are no longer capital destroyers.

#Commodities
Miners to gold ratio
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