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
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Gold is a small market
GLD getting way overdone here .......everyone piling in the trade ...
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