Selling GDX @ $37.37
Realized gain of $1.58 (4.41%).
There are times to get long equities and time to be short. Today, we're getting shorter by selling longs.
When we bought GDX, we said it was a way to get equity and gold exposure. While we like the gold side of that, having equity exposure right now isn't on our list of top ideas.
Like the KMI sale earlier, we'll be back to this one.
The market is fragile. Be careful.
Realized gain of $1.58 (4.41%).
There are times to get long equities and time to be short. Today, we're getting shorter by selling longs.
When we bought GDX, we said it was a way to get equity and gold exposure. While we like the gold side of that, having equity exposure right now isn't on our list of top ideas.
Like the KMI sale earlier, we'll be back to this one.
The market is fragile. Be careful.
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