RE:RE:RE:gold on the way upHaven't a clue. 2 weeks ago I felt that gold would attain $1300 and stay there.
Ha.
With respect to EDV, because it's so leveraged, any further decline in POG will affect the SP with more severity relative to its peers. The flip side is that a spike in POG would produce awesome gains. Geared leverage turns a fun roller coaster(PM miners) into numbing panic and insanity.
Can't believe that the SP sits at 0.59