for what its worth, im long XGD (a canadian gold stock ETF) as I
live in canada. This sector in terms of the CAD hasn't been
really that strong, as the loonie is just off par with the
USD. For any Canadian's reading this, I use the XGD.TO:IGT.TO
ratio the same way as the gdx:gld ratio.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
long xgd
Anyone trade on Gold stocks GDX, LONG or SHORT?
Posted by riskmanagerjeff on 8th of Jan 2010 at 02:50 pm
for what its worth, im long XGD (a canadian gold stock ETF) as I live in canada. This sector in terms of the CAD hasn't been really that strong, as the loonie is just off par with the USD. For any Canadian's reading this, I use the XGD.TO:IGT.TO ratio the same way as the gdx:gld ratio.