I give up. Sold all my GDX shares. Only GDXJ and physical gold left.
There has to be something wrong with GDX holdings. Over concentration in a few big players. 5 to 15% holding each. Some of them must be having problems. Ore quality, cost,poor management. Some older mines have been mined 100 years. End of life.
All the gurus have been telling you buy physical gold, not miners. Should have listened. I'm only here to play the bounce. Seemed oversold. But it ain't bouncing.