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.
Major Disconnect Between Price of GDX and Gold
Started by
kssmibotm
, Jul 20 2015 11:49 AM
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#1
Posted 20 July 2015 - 11:49 AM
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