2Wk·

Gold Mining ETF

After the shares fell so much and I got rid of them with a small profit, I thought I'd get myself a gold mining ETF $GDX (-3.16%) . Can't be wrong in this gold boom phase.

Today I waited until it fell 4% and bought it.

Had a quick bite to eat and it fell another 5%. 🤬🫣🤪

Life as an investor is tough.

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5 Comments

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Never mind, it'll be back up again in the next few weeks ⬆️
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I would also have taken the $GDXJ. In my opinion, the Juniors have a higher risk, but also more catch-up potential at the current gold prices.
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@Multibagger I also have this one. Just wanted the full spectrum.
Also up 0.58% 🙂
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It will be fine - although I don't quite understand why gold mining funds are falling by a factor of 4. But hopefully it will be the same when it rises. I have $UBUD, which also took quite a hit today. Overall, though, not such a bad investment.
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Sometimes you're the dog and sometimes you're the tree, sit it out and keep calm 🤷🏼‍♂️😉
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