RE:RE:RE:Theories Yeah, I was just curious why EDV went up a bunch and then dropped a bunch so quickly. And being taken out of the MSCI listing would explain that.
My observation of EDV trading is that when it goes up nicely , usually on price of gold increases, there isn't much profit taking. And in the past when it has invariably gone down again, often a few days later, it has been on bad news: price of gold down, and GDX down, mostly. Bad news about EDV is very rare.
And of course there is big money to be made, % wise, with these 3,4 even 5% swings. If one could predict them. I like to play around in my TFSA , where there are no tax consequences, slowly increasing the number of shares I have of EDV in that. Looks like the opportunity for that might be ending if all the prognosticators are correct and gold price goes on a mostly unbroken run up.