Anyone who bought dust around these prices should bail now. Dust isn't going anywhere but down.
Why you ask, because GDX holders aren't selling until 2nd quarter comes out.That's why their PPS is holding .
This is why gold dropping is being ignore at the moment (unless there's huge spikes due to other outside economic news)) and GDX continues it incredible PPS while dust tanks.
Better to sell dust now and not take another severe haircut. So what
if you miss a run on dust if GDX 2nd quarter comes in bad,just catch it on the way up.
If GDX isn't dropping ,dust isn't going to go up regardless of golds daily fluctuations ,it's that simple.
Another annoying thing about GDX is,all their holdings don't report at once ,so you never know how the entire portfolio is doing untill all have reported.
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