In what seems a lifetime ago, I was the equity index trader at a huge financial institution on Bay Street. Though a good deal has altered considering that then, there are elements of the game that are timeless. So I am placing my previous hat back on to analyze VanEck’s current difficulties arising from the good results of their GDXJ ETF (Junior Gold Miners). And lest you believe this will be a dull ETF specific piece, I urge you to endure through the particulars as I feel the market place is missing the bigger picture message.

For people unaware, VanEck recently announced they have been halting the creation of the their GDXJ 3x times Bull shares (JNUG) due to the fact they have been working into constraints. In truth, the reputation of the GDXJ ETF product has been so overwhelming, VanEck also reported they would be shifting the index principles to accommodate the increased demand. From Bloomberg:

go through much more….

Just my viewpoint but there are too numerous huge organizations in this index for it to be known as “Junior”

If you would like to know which stocks we are purchasing and offering please join us atStock Traderour premium investment service.

Subscribe for 12 months with recurring billing – $199

Buy twelve months of subscription time – $199

If you are new to investment in the treasured metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks,just click on the backlinks and enter your email deal with and we will electronic mail you our content articles along with other interesting posts.

Please keep in mind to examine your spam folder when you have subscribed to make sure that our verification email has not gone astray and you are acquiring our emails.

Winners of the GoldDrivers Stock Selecting Competitors 2007 

 Follow us on TWITTER @goldprices


Published at Thu, twenty Apr 2017 02:06:ten +0000

Print Friendly, PDF & Email