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If you're looking for a multiple on the gold trade, look into the gold mining sector. When gold moves a little, the gold miners move a lot. GDX and GDXJ are som
by um_ya 11y ago
If you're looking for a multiple on the gold trade, look into the gold mining sector. When gold moves a little, the gold miners move a lot. GDX and GDXJ are some good basket ETFs. GDXJ is the junior mining companies and has a higher multiple than GDX. It also works in the inverse too though, if gold goes down, these go down even more.