"“We like the fundamental story for the gold miners both as a hedge and as a recovery story, but they did look a bit extended and started showing some softness,” Gayle said in a telephone interview this week. “That’s when we decided to take a little bit of profit off the table. We still think that the upper trend is likely to resume, which is why we still own gold miners, but we’ll wait before we put any fresh money into it.” http://www.bloomberg.com/news/articles/2016-09-30/gold-mining-investors-hit-by-the-jitters-as-share-rally-sputters