the gold miners have had a good run... but... here's the kicker.

mining shares have not yet had a parabolic phase in this bull run.  

it looks to me like the parabolic phase is about ready to begin.  so even tho mining shares are overbought (by some indicators),  at some point they Will enter a parabolic phase.  remember, when they do go parabolic, and you see things going vertical... make sure you take a profit (before things top out).