There are several ratios that show gold is undervalued compared to other asset classes. Gold fundamentals are close to the bull market on the capital cycle. The main question is not if but when will next gold bull cycle start.
I would like to point to factors that have the strongest correlation with gold. Cameron Crise, a macro strategist with Bloomberg, conducted a research on 25 years spanning 1990 and 2015.
Goldplat plc (LON:GDP) is an AIM-listed, profitable gold recovery services company with two market leading operations in South Africa and Ghana. The Company also has a small gold mining and exploration portfolio in Kenya, Ghana and Burkina Faso.