Meant to be a reply belowCoins, or chasing the stock market that goes up every single day in a row... so who wants to own gold miners i guess.
Today is a perfect example of the rediculous action. Gold runs almost $20 yesterday, NGD barely logs a 1-2% gain.
Today gold is down $3, but NGD down 3%... the action is just ludicrous.
And it's not specific to NGD. I have similar posiitons in AGI, KGC (and some smaller positions in others). They are all trading at, or lower than where then were in the fall with 1260 gold. They don't follow gold up, but track any down day it has. I'm beginning to wonder what I am missing.. having anticpated higher gold, but there is no response from the miners.