http://www.gold-eagle.com/editorials...

I know you all probably read these articles but I picked up on the following comments which are beginning to gain momentum from various writers

"However, gold stocks continue to underperform the metal. In order for the bullish scenario outlined above to come to fruition, we need to see the downtrend line in the $HUI & Gold ratio be taken out to the upside.

We believe that this should happen in the coming days or weeks. This point of view is based on the fact that the Gold/Oil ratio and the Gold/Industrial Metals ratio have soared to the best levels for gold producers in the past 10 years. This allows us to expect substantial reduction in costs of production and capital expenditures for most mining companies

However, gold stocks continue to underperform the metal. In order for the bullish scenario outlined above to come to fruition, we need to see the downtrend line in the $HUI & Gold ratio be taken out to the upside.

Paired with the strong gold price, margins for gold producers should start to improve. We do not know of any other sector in the equity market which is expected to see increases in profit margins.

We believe that this should happen in the coming days or weeks. This point of view is based on the fact that the Gold/Oil ratio and the Gold/Industrial Metals ratio have soared to the best levels for gold producers in the past 10 years. This allows us to expect substantial reduction in costs of production and capital expenditures for most mining companies"