How can gold go up 400 bucks in one month, but the GDX only goes up 14%? Agnico Eagle is up the same as gold, both up 9% in the last month.
I dont want to fight the market, because it knows more then me. But these companies should be leveraged x2 or x3 to the price of gold. So what happens if gold corrects -5% or -10%. These stocks might get killed.