GOLDBUGS AMEX Goldbugs Index (GOLD)

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That post makes no sense whatsoever...

If GDX goes up 35% from here we will go up 100%+

$5 to $10
$50 to $100
$500 to $1000

or $100 to $200

it will go up 100%

Period.

It makes no difference what the price in dollars are of this ETF.

If anything, it seems to be scaring away people who don't understand the ETF, with a higher price point, from maybe jumping on the train.