In what looks a lifetime in the past, I was the equity index trader at a massive bank on Bay Street. Despite the fact that a whole lot has altered given that then, there are parts of the game that are timeless. So I am putting my old hat back on to analyze VanEck’s latest issues arising from the good results of their GDXJ ETF (Junior Gold Miners). And lest you consider this will be a dull ETF particular piece, I urge you to endure by way of the specifics as I believe the market is missing the greater image message.

For people unaware, VanEck not too long ago announced they have been halting the creation of the their GDXJ 3x times Bull shares (JNUG) simply because they had been working into constraints. In reality, the reputation of the GDXJ ETF item has been so overwhelming, VanEck also reported they would be shifting the index rules to accommodate the elevated demand. From Bloomberg:

read much more….

Just my view but there are as well many big businesses in this index for it to be known as “Junior”

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

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