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October 8th, 2013 at 2:01 pm
GDX / Phil – While not great, I still like it better than the individual stocks as these guys are so dependent on one problem or another in different part of the world. While you have a lot of small stocks in there, 40% of GDX is GG, ABX, NEM and SLW. Another 25% is EGO, GOLD, AUY, AEM and KGC so no mom and pop shops either.
Right now GDX is suffering mostly because ABX is dragging the entire sector: