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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (64997)7/2/2006 2:37:35 PM
From: chainik  Read Replies (1) of 110194
 
Rydex PM cash flow certainly looks very bullish. I wonder whether these data are distorted by the shift of gold investors to GDX?

Why on earth should anybody buy RYPMX when expense ratio of GDX is twice lower, GDX can be traded during the day, and can be shorted? Both RYPMX and GDX followed HUI pretty closely in the past, and are likely to do this in the future.
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