by Hubert Moolman
After a more than 50-year bear market in gold stocks, things are coming together to create virtually perfect conditions for gold stocks.
Gold prices are at (or near) all-time highs in most currencies, and will likely continue to rise over the coming years. Commodity prices are at lows and still falling. Deflationary pressures are enormous and will likely persist for years to come.
Due to these almost perfect conditions, margins for gold miners are looking great and will likely continue to get better. Below, is a long-term chart of Gold/CRB and the HUI: