Pondering whether GDX and GLD are bottomingHere's another Avi Gilburt column from today. He deals in probabilities, not certainties, and he follows "sentiment" more than fundamental news. This column contains much of his subscriber material on precious metals that was not Barrick specific. Barrick being a component of GDX.
There's nothing else going on here as we wait for a Resource Estimate and drills to turn. You may as well read his column:
https://seekingalpha.com/article/4155763-sentiment-speaks-follow-herd-gdx-gld