RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:One step up, two steps downgalnakon wrote:
Gold is skyrocketing and Endeavour is not even moving... For the last month, gold has been increasing a lot and Endeavour is actually down 5%....
Don't tell me EDV is outperforming GDX, it's definitely NOT. Not on a day, a week, a month, a year or several years.
HF - do you think i am making this up. Instead of this "gut feeling" you have about EDV vs GDX. Just look at an actual factual graph. Yes - no doubt the last month the GDX has outperformed EDV. It's back a forth all the time. April to July EDV way ahead of the GDX - and i didn't remember you coming on here mentioning that at the time.
And it's actually pretty easy over the last year EDV == GDX in dollar terms.
https://schrts.co/zIXdMtHU
I have GDX down 2% today and EDV even. go figure.
Don't get me wrong, the gold sector is disliked right now regardless of how high the POG is. Everyone's ASIC must be increasing along with the POG - with inflation finally slowing down, perhaps any additional increase in POG will start to be reflected in the stocks.
tC