Gold companies have rallied well vs gold itself since january. Let's see if this reverts.

I think I properly volatility (not a expert on this) 2.666 the notional value in gold vs 1 notional value in gdx.

not doing this with really money just a theoretical exercise.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.