So what was on my mind at 3 a.m. this morning. Well, to be honest, I was thinking about gold miners and heavy equipment and drilling and excavating and gold bars and making money. Nothing new here I guess.

But what is interesting is just how well the gold miners have performed over the past couple of weeks, especially given the downturn in the overall market and the ho hum action in the precious metal itself.

But really…it shouldn’t be too much of a surprise. The poor old miners (and some young ones too) have been absolutely beaten up over the past six months while the S&P, Dow et al simply roared along…admittedly on pretty average volume and breadth of coverage. So now it’s the miners’ turn to shine. And shine they will, I would suggest. Of course, there will be pull backs and consolidations but with the Eurocrats and the US Bankocrats about to print, baby, print….I think their future is looking pretty bright. Some of our patient capital is getting impatient!