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Hard one. Could be some selling, all things being equal. Maybe you could be one of them? Even if you get half your allocation that could be a handy short term trade. However, if POG is breaking up, WAF will go with it. Like you say though if you're way overbalanced, but still want gold, pick something else to put the gains from WAF into that's not in the same post code. WAF's MC up to $1.3b now. Not sure how that compares to peers. Might still be cheap.
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