Remember the days when gold moved $20, $30 or more on positive news? I thought that with debt contagion threatening the world’s second largest reserve currency, we might see that volatility return. It hasn’t. So while pundit after pundit talks about gold’s explosive future, two questions loom large: 1. why hasn’t gold hit new highs [...]
The strength of the Russell 2000 this week cannot be denied. The index, and small stocks generally, posted heady gains even as their larger peers seemed ready to turn over. But is it really the paradigm shift some commentators suggest? Does it signal an increased risk appetite by investors, or a broadening of the rally? [...]
VanEck Market Vectors Junior Gold Mining ETF (GDXJ) has only been on the market for 7 trading days, but in this limited timeframe it has outperformed its large cap peer, the standard Market Vectors Gold Mining ETF (GDX) by over 2%. That's not a bad start at all, and it would have been much better [...]
Van Eck's new junior gold mining ETF (NYSE:GDXJ) is slated to begin trading today. The ETF is based on Van Eck's junior gold mining index (MVGDXJ on Bloomberg), which tracks the following companies: Security Name Percentage Weigthing Andean Resources Ltd 2.639373% Avoca Resources Ltd 1.753983% Dominion Mining Ltd 1.108520% Kingsgate Consolidated Ltd 3.045051% Medusa [...]
