GDX = 1.00 penny junk masquerading as 26 buck stock
We have yet to see the REAL gold and silver CRASH, and the GDX remains one of the most OBSCENE MEGA BUBBLES In stock market history.... but it appears the gold CRASH could finally manifest this week.
Ladies, ALL golds and silvers FAILED completely as "flight to safety" assets in ALL recent financial storms...in ALL recent currency turmoil (e.g. EURO)....and in ALL recent international crises (e.g. Cyprus, Korea, etc)...and that means they are ALL effectively WORTHLESS WORTHLESS WORTHLESS.
There is NO logic or rationale today to own a single ounce or share of anything gold, silver, or USELESS!
Ladies, live and learn from your intellectual superiors.....live and LEARN!!!