Here is a PM Index that is so far forgotten that even we don’t look at it any more.

It is the PM Explorers

GLDX

The smallest of the small caps

What a dismal sector

Hardly trades from day to day

Personally It is so dead I don’t think there will be anymore downside .

It may die from lack of attention but I cant see a panic selling episode

GLDX started out Exactly at the Gold TOP in Fall 2011…sheesh bad luck or what ?

it topped out about 80 and bottomed so far at 8 ish

90% Loss

Thoughts ?