GDXJ - VanEck Junior Gold Miners ETF

[qldfrog]

had a look at Comsec... there were 5 ETFs but no junior minors. and No Screenshot allowed

There was no aussiw version last time I looked..just the GDX here

 

[Sean K]

The junior gold goldies still have a lot of catching up to do. Not hated as much as last year, but still not well liked. Maybe if inputs come off a bit, and green and red tape reduced, they might get a look. So, maybe unlikely.

Or, perhaps this rough ziz zag rounded bottom continues up the right hand side to $60 ish.

 

[Garpal Gumnut]

The junior gold goldies still have a lot of catching up to do. Not hated as much as last year, but still not well liked. Maybe if inputs come off a bit, and green and red tape reduced, they might get a look. So, maybe unlikely.

Or, perhaps this rough ziz zag rounded bottom continues up the right hand side to $60 ish.

View attachment 184704

Just looking at the chart and being unfamiliar with the fundamentals on the cost/inputs side I believe the latter is more likely with the recovery giving a possible 30% gain from present prices. All sectors are jumping about so much it may be worthwhile waiting for a retracement.

This ETF is a mostly US junior gold miners as well I believe. Is this correct?

gg

 

[Sean K]

Just looking at the chart and being unfamiliar with the fundamentals on the cost/inputs side I believe the latter is more likely with the recovery giving a possible 30% gain from present prices. All sectors are jumping about so much it may be worthwhile waiting for a retracement.

This ETF is a mostly US junior gold miners as well I believe. Is this correct?

gg

A lot of US, but international. I'm not sure what their upper limit on market cap is to get into this ETF, but it's not penny dreadfuls. EVN is in it. Still a good indication of what's going on in the junior companies.

Fund Description​

VanEck Junior Gold Miners ETF (GDXJ®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Junior Gold Miners Index (MVGDXJTR), which is intended to track the overall performance of small-capitalization companies that are involved primarily in the mining for gold and/or silver.

Holdings:

(you may need your monocle gg)

 

[Sean K]

GDXJ longer term weekly golden cross imminent. Still has a way to go to previous highs made on much lower POG.

'Juniors' still not really feeling the love of the record prices.

 

[Sean K]

Not sure why I didn't buy this. Just focussed on a few other gold things when this looked like a no brainer as well. Still, can't complain.