Agree completely. What's the secret sauce that will see goldies start breaking away? It's cash flows into the sector. Was suprised to see the markets up on the fed rate rise- some say it was because the rise was already priced in and others that it shows that the Fed is taking inflation seriously.Asculpeous doesn't know but whatever it is, would like to see funds flowing into the sector.
One useful marker is shown on the following chart (credit to "Finding Value Finance)
The XAU/Gold ratio has hit resistance and looks like its time to get aggressive. BRB looks like one of the best value propositions once funds start rotating into the sector as it will be smart early professional money who do their research.
BRB Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held