PatheticThis is truely pathetic how weak the stock is. It requires higher and higher gold price to avoid a crash. The slightest gold retracement erases every up moves.
Yesterday GDX went up 5% and retraces 1% today. Edv.to just went up 1.7% and retraces the whole 1.7% today on gold staying at 2180... This is just awful. And people here will tell you how great the investment is and how foolish I am. Edv is barely moving up when gold is rallying hard. But quickly moving down when gold is just consolidating. One step up, three steps down. On and on. Wait for the next leg down in gold, Edv will lose another 30%.