Chart of the Day: Bitcoin vs GDX

Bitcoin (USD) vs. GDX (Gold miners)

During the last two years, divergences between Bitcoin and GDXJ has tended to converge again after a couple of months. With Bitcoin’s recent meteoric rise, this divergence is substantially bigger than what has been seen during this time frame. It will be interesting to see if this huge gap will be closed, and if so, in what way…