High Conviction:SELL (take 17% profit) Gold Miners ETF GDX:ASX

We bought the Gold miners ETF on the 11th of April with a 17% profit in just 7 weeks

The gold miners have now played catch-up with the Gold price and actually extended a further 11%. We see no further edge in holding the miners over the physical gold

Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.

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