Time to buy Gold Mining Stocks?

My fellow Steemians,

Gold mining equities are severely undervalued relative to gold bullion as you can see on the chart below from Sprott.

The average gold/gold stocks ratio of the last 25 years is 0.2497x.
With todays ratio at about 0.05, gold stocks have to multply by a factor of 5 to get back at their 25 year average.

Time to buy Gold Mining Stocks?

Thank you for reading!

_{https://sprott.com/insights/six-reasons-to-own-gold-equities-now/?utm_source=Insights&utm_medium=Email&utm_campaign=Six_Reasons&_cldee=dmFuZGVuYi5qb2VyaUBnbWFpbC5jb20%3d&recipientid=lead-be05ac814e52e911a990000d3af3f355-6d583f4d2d254d8895b0007c5bba7524&esid=8a854c2f-c89e-ea11-a812-000d3a0c94a6}