The GDXJ rebalancing will mean 2.6 billion dollars leaving small, selected companied in the junior miners. In addition, this rebalancing will mean JNUG isn’t the gamblers tool it once was. If people leave JNUG, it will be felt strongly in GDXJ. The thesis of this piece is that this chain of developments has the potential to devastate the junior miners in the short run, coming on top of the effects of the GDXJ rebalancing.
By silveristhenew | Published April 21, 2017