from King World News
With gold and silver on the move and the U.S. dollar tumbling, there are a few surprises today.
The HUI Mining Index is now within a few points of making new highs, while the XAU Mining Index is already hitting new recent highs today.
The chart below show the long-term Gold/Oil Ratio has moved solidly in favor of gold, and is still trading near the all-time highs (see chart below).