Between and amongst GDX, GDXJ, GLD, and physical gold, and the constituents of the ETFs, safe to note that many inconsistencies if we take a starting point of January 1st 2020 as a given, for example, and I rationalize to self that all has something to do w/ folks needing to sell, but can only get an un-ridiculous price on some stuff and not on others, and folks are treating different flavors of gold differently, as they should.
Right now the only thing we can be sure of is that between investors in the mining ETFs, the paper gold, the physical stuff, and the constituents of the ETFs, 1, 2, or 3 parties are wrong |