I sold my last shares of GDXY on June 7th.
Between the NAV erosion and the $10,000 in distributions I collected over four months — I walked away with a net loss of roughly $12,000. I’ve covered the numbers in the monthly updates. I’m not going to relitigate them here.
What I want to do is give you the fuller picture. Because as I’m writing this, GDXY is bouncing. Gold is surging. There’s a live Strait of Hormuz deal in the headlines. And the question I keep getting is the same one.
Are you going back in?