Posted by sonofrebel on 7th of Aug 2019 at 10:21 am
Gold is a small market - GLD has market cap of $40bn, about same
as either TGT or WDAY.
GDX is $10bn, GDXJ $5bn
According to MarketSmith, whole Mining Precious Metals group
has market cap of $172bn; about same as a couple of FANGs cash
balances
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
yes agree but this a
GLD getting way overdone here .......everyone piling in the trade ...
Posted by RP on 7th of Aug 2019 at 10:02 am
yes agree but this a wave 5 how high who knows but getting itchy finger to short
Gold is a small market
Posted by sonofrebel on 7th of Aug 2019 at 10:21 am
Gold is a small market - GLD has market cap of $40bn, about same as either TGT or WDAY.
GDX is $10bn, GDXJ $5bn
According to MarketSmith, whole Mining Precious Metals group has market cap of $172bn; about same as a couple of FANGs cash balances