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Time to Buy Market Vectors Gold Miners ETF?

Looking at the ratio gold/platinum, it also shows a relative departure from historical values, which implies the relative underperformance of gold. If you'd choose an unhedged position, it's important to be sure which factor in the ratio will be the driving force: the numerator declining, or the denominator increasing.

See stockcharts.com and fill in $gold:$plat for the ratio chart.