I made a similar post yesterday so forgive me on that note.
JDST is an inverse stock of gold mining. So i assume that as gold prices go up. Gold mining will become more valuable and JDST stock will go down in price as gold goes up.
I've been reading about gold and from a site explaining golds pricing in an economy, ” When the economy is healthy, options such as stocks, real estate, and bonds are viewed as more profitable investments, keeping gold prices low. ”
The economy has been on a downturn since April. SPY is like a rock rolling downhill. So if the market isn't doing great. Why did JDST drop like 8% today?
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