Still a lot of money to be made buying here if you missed it.
You can look at my post history, I have been in for a while trying to help people understand and not panic.
Just like people made money on the way down following the trend, you are almost guaranteed money following this trend up now. Faster if they don't taper in Sept. ( Like I believe ).
Yes, I was in a lot earlier and was taking a small chance. I have made a lot of money now by taking that chance. However, now you might not make as much money you are still following the trend and there is plenty of room for more money to the upside.
Good luck all, remember this trend is now also supported by normal seasonal pressures along with the 100 other reasons gold is currently and has been a buy.
Not so fast.
Remember, GDX is NOT a stock. It is NOT a mutual fund.
It's an ETF. It's mainly a day trading vehicle.
The underlying holdings are supposed to represent the gold miners,which usually take the lead in front of/or follow the PMs,depending on market conditions and technical factors.
You could be right about gold and wrong about the miners or the related ETF.
I'm on your side in spirit but be careful. You may see volatility in the wrong direction when you think it should be opposite.