Long
Gold is cheap versus Miner ETFs
Gold and Silver mining equities remain very cheap relative to gold.
Using historical prices and disregarding dilution, the upside of miners to current gold prices is
GDX: 96%
SILJ: 132%
GDXJ: 260%
Using historical prices and disregarding dilution, the upside of miners to current gold prices is
GDX: 96%
SILJ: 132%
GDXJ: 260%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.