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Major Disconnect Between Price of GDX and Gold


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#1 kssmibotm

kssmibotm

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Posted 20 July 2015 - 11:49 AM

With this morning's low at 14.15 on the GDX, gold stocks are now trading 10+% below the Oct 2008 low. The GLD low today is 60% above the 2008 low. Are gold stocks already discounting much lower gold prices? I think gold stocks are a bargain here, and I took a small position in NUGT.

Kicking myself for selling DUST on Friday. :angry:

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