Following up my own comment from earlier - GLD is now up almost
1.9% while GDX is only up .7% -- that's huge underperformance --
When GDX can't really catch a bid when the metal is up almost 2%
you do have to wonder...
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The GDX/GLD ratio quickly returns to "normal"
Posted by puma on 20th of Jan 2016 at 10:11 am
After a half hour GDX is back to where it has been living for a while -- underperforming the metal.
Following up my own comment
Posted by puma on 20th of Jan 2016 at 12:34 pm
Following up my own comment from earlier - GLD is now up almost 1.9% while GDX is only up .7% -- that's huge underperformance -- When GDX can't really catch a bid when the metal is up almost 2% you do have to wonder...