GoldSeek Radio Nugget - Bob Hoye: Gold’s Real Price Is Relative to Mining Costs

Bob Hoye, Market historian and author from (www.chartsandmarkets.com) thinks the holiday cheer is over and the "everything bubble" may burst! Pls. add our show Q&A text number (24/7) to your friends list: 8285541203

- As the cost of mining bullion declines, gold miners are becoming more profitable.
- Bob outlines his unique analysis of the deflated price of gold over hundreds of years.
- The small cap mining stocks are oversold and showing excellent signs of life.
- A review of the price of gold relative to the commodities index, i.e., inflation adjusted gold - notice that when the blue line - 50 week moving average is up, the gold price tends to advance:

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