ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for tools Level up your trading with our powerful tools and real-time insights all in one place.
VanEck Junior Gold Miners ETF

VanEck Junior Gold Miners ETF (GDXJ)

44.37
0.34
(0.77%)
Closed December 21 4:00PM
44.55
0.18
(0.41%)
After Hours: 7:59PM

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

Key stats and details

Current Price
44.55
Bid
-
Ask
-
Volume
4,873,061
44.14 Day's Range 45.08
30.885 52 Week Range 55.58
Market Cap
Previous Close
44.03
Open
44.26
Last Trade
460342
@
44.37
Last Trade Time
Financial Volume
$ 218,199,854
VWAP
44.7768
Average Volume (3m)
4,184,354
Shares Outstanding
115,687,000
Dividend Yield
-
PE Ratio
12.31
Earnings Per Share (EPS)
2.69
Revenue
45.5M
Net Profit
311.34M

About VanEck Junior Gold Miners ETF

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Junior Gold Miners Index. The fund normally invests at least 80% of its total assets in securities that comprise the index. The index includes companies that generat... The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global Junior Gold Miners Index. The fund normally invests at least 80% of its total assets in securities that comprise the index. The index includes companies that generate at least 50% of their revenues from gold and/or silver mining/royalties/streaming or have mining projects with the potential to generate at least 50% of their revenues from gold and/or silver when developed. It is non-diversified. Show more

Sector
Mgmt Invt Offices, Open-end
Industry
Mgmt Invt Offices, Open-end
Website
Headquarters
Wilmington, Delaware, USA
Founded
-
VanEck Junior Gold Miners ETF is listed in the Mgmt Invt Offices, Open-end sector of the American Stock Exchange with ticker GDXJ. The last closing price for VanEck Junior Gold Miner... was $44.03. Over the last year, VanEck Junior Gold Miner... shares have traded in a share price range of $ 30.885 to $ 55.58.

VanEck Junior Gold Miner... currently has 115,687,000 shares outstanding. The market capitalization of VanEck Junior Gold Miner... is $5.09 billion. VanEck Junior Gold Miner... has a price to earnings ratio (PE ratio) of 12.31.

GDXJ Latest News

Key Metals Surge, Unlocking New Opportunities for Savvy Mining Investors

Key Metals Surge, Unlocking New Opportunities for Savvy Mining Investors November 19th, 2024 - InvestorsHub NewsWire -- NetworkNewsWire Editorial Coverage: Investment interest in the mining...

ARTEMIS ANNOUNCES INCLUSION IN THE GDXJ

ARTEMIS ANNOUNCES INCLUSION IN THE GDXJ Canada NewsWire VANCOUVER, BC, Dec. 13, 2021 VANCOUVER, BC, Dec. 13, 2021 /CNW/ - Artemis Gold Inc. ("Artemis" or the "Company") is...

Discovery Reports Q1 2021 Financial Results and Update

TORONTO, May 27, 2021 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the three months ended...

VanEck Announces Preliminary Yearend Distribution Estimates for VanEck Vectors Equity ETFs

VanEck announced today preliminary yearend distribution estimates for its VanEck Vectors® equity exchange-traded funds. Please note that these yearend estimates were made as of October...

Gold Stocks: The Ultimate Investor's Guide to Gold

http://www.fool.com/investing/general/2015/10/18/gold-stocks-the-ultimate-investors-guide-to-gold.aspx?source=eptadnlnk0000002&utm_source=advfn&utm_medium=cpc&utm_campaign=investorshub

Gold Mining ETF Investing 101 - ETF News And Commentary

“Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching...

The Best Gold Mining ETF for 2014 - ETF News And Commentary

Leaving many investors in utter shock, gold mining ETFs bounced back from their 2013-lows at the start of 2014 and kept on trending higher. Most market experts and investors expected gold...

3 Mining ETFs Crushing The Market in 2014 - ETF News And Commentary

After a disastrous 2013, mining stocks bounced back from their lows at the start of 2014 and are trending higher. Commodity prices, in particular gold and silver, have risen sharply this year...

Worst Performing Equity ETFs of 2013 - ETF News And Commentary

The year 2013 was rock solid for the global equity market and the ETFs world thanks to investor appetite for riskier assets, Fed easy money policies, solid earnings growth and improving global...

Can Gold Mining ETFs Dazzle in 2014? - ETF News And Commentary

Investments in gold have seen appalling results this year with physically backed gold ETFs like the SPDR Gold Shares (GLD) losing 26% in 2013 and Market Vectors Gold Miners ETF (GDX) shedding a...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-3.62-7.5150508615348.1748.1743.87385780745.53084409SP
4-4.18-8.5778781038448.7351.0343.87389517047.47923184SP
12-6.6-12.903225806551.1555.5843.87418435449.0175888SP
261.954.5774647887342.655.5840.26409024547.31235916SP
525.8315.056818181838.7255.5830.885498525042.07497926SP
1564.8512.216624685139.755.5825.8001587841938.27356611SP
2605.514.084507042339.0565.950119.2741842341.25917051SP

Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
MYSZMy Size Inc
$ 4.2001
(211.12%)
121.03M
NVNINVNI Group Ltd
$ 8.26
(209.36%)
78.06M
TPICTPI Composites Inc
$ 2.45
(100.82%)
34M
ICGIntchains Group Ltd
$ 8.77
(88.60%)
527.94k
HSDTHelius Medical Technologies Inc
$ 0.884851
(84.34%)
121.95M
CYNCYNGN Inc
$ 0.4603
(-71.41%)
27.91M
MTEMMolecular Templates Inc
$ 0.1502
(-57.09%)
8.75M
PRFXPainReform Ltd
$ 5.15
(-53.85%)
2.94M
GALTGalectin Therapeutics Inc
$ 1.03
(-48.50%)
9.27M
BCABBioAtla Inc
$ 0.6923
(-41.82%)
6.25M
EDBLEdible Garden AG Inc
$ 0.24
(65.06%)
354.32M
APTOAptose Biosciences Inc
$ 0.28
(64.51%)
305.1M
TNXPTonix Pharmaceuticals Holding Corporation
$ 0.606999
(6.49%)
292.16M
NVDANVIDIA Corporation
$ 134.70
(3.08%)
287.21M
PLTRPalantir Technologies Inc
$ 80.55
(8.54%)
277.63M

GDXJ Discussion

View Posts
BottomBounce BottomBounce 4 weeks ago
Peak Gold—Evidence And Implications https://www.forbes.com/councils/forbesfinancecouncil/2023/12/13/peak-gold-evidence-and-implications/ $GDXJ
👍️0
gasman3 gasman3 2 months ago
Nearly a 5% daily gain. I can’t say that I’ve ever seen that!
👍️0
BottomBounce BottomBounce 6 months ago
The silver supply chain has been strained by a number of factors, including a rise in demand, supply chain challenges, and limited primary mines:
Demand
Demand for silver has increased due to its conductive properties in green technologies like electric vehicles and solar panels. In 2022, global demand for silver exceeded supply by a record 263.5 million ounces, and a deficit of 184.3 million ounces is estimated for 2023.
Supply chain challenges
Post-pandemic supply chain challenges and operational disruptions have hampered the mining sector's ability to keep up with demand. Other factors contributing to the deficit include:
Falling production in Mexico and China
Resource nationalism in Peru
Low incentive prices
Higher input costs
Limited primary mines
Around 80% of silver supply comes from by-products of lead, zinc, copper, and gold projects, so boosting supply is difficult.

The deficit between supply and demand has led to concerns about future shortages. As of April 2024, COMEX vault inventories of silver were also declining, down from a peak of over 400 million ounces in early 2021. $GDXJ
👍️0
BottomBounce BottomBounce 8 months ago
Gold Price Forecast – Expert Predicts $10,000 Gold and $300 Silver
https://fxempire.com/forecasts/article/gold-price-forecast-expert-predicts-10000-gold-and-300-silver-1382665 #Gold #Silver #silversqueeze $GDXJ
👍️0
Marketwise Marketwise 10 months ago
Finally this sluggard is beginning to show life again......
👍️0
Marketwise Marketwise 11 months ago
From what I have been reading central banks around the world have been buying gold at unprecedented levels over the last 18 months or so. Some think we are in the early innings of a major move in the gold market. I am currently long gold miners and would love to see the next bullish move soon - especially in the juniors.....
👍️0
BJ2018 BJ2018 11 months ago
China also just recently adjusted reserve ratios and freed up capital
👍️0
BJ2018 BJ2018 11 months ago
Bought last week. Down slightly but holding. End game is near long and strong
👍️0
BottomBounce BottomBounce 1 year ago
Gold prices can run $700 higher as the U.S. faces a debt spiral https://twitter.com/SilverBars/status/1725162660910485623 $GDXJ
👍️ 1
BottomBounce BottomBounce 1 year ago
The People’s Bank of China (PBoC) has been rapidly accumulating gold, which suggests the country is laying the groundwork for significant changes in the dollar-centric international monetary system, according to Jan Nieuwenhuijs at Gainesville Coins. $GDXJ
👍️0
BottomBounce BottomBounce 1 year ago
Gold, silver, stocks surge. Time to buy Silver? Solar Energy Production Could Require Most of the Global Silver Reserves by 2050 https://twitter.com/Mining_Jobs/status/1712200657371807818
$GDXJ
👍️0
FlowerGirl3 FlowerGirl3 1 year ago
Just look at inflation historically there is always a second spike!
👍️ 1
FlowerGirl3 FlowerGirl3 1 year ago
This looks like a great entry point looking the long term chart,
👍️0
Lowjack Lowjack 1 year ago
Anything the Democratz, CCP and the Euro Nazis touch will turn into a dumpster fire! Let me know when Sea People!
👍️0
antman antman 2 years ago
Agree = market bottomed in late October and a lot of penny juniors have doubled since-
-Athena Gold Corp (AHNR-OTC ATHA.CN) is in Nevada and has a very promising property called Excelsior Springs.
They recently did some drilling and recently expanded in size.

Results are worth checking out imo:
"...our spring 2022 RC drill program, contained 110 feet (34 meters) of 5.2 g/t Au and 8.9 g/t Ag, the best drill hole intercept in the history of the project."

Press Releases
👍️0
Lowjack Lowjack 2 years ago
Hunting gaps season is now open! $47 min. fer yer season pass!
👍️ 1
NYBob NYBob 2 years ago
$GOLD Will Soon FLY High - $Aris Mining Red Cloud On-Site Interview at VRIC

Here is the link to Tyron Bretonbach providing an interview to Red Cloud at VRIC 2023
Mining Conference.




https://youtu.be/yb2G8XQQK9s


SPROTT: China Is Replacing U.S. Treasuries with Gold
February 08, 2023





https://kingworldnews.com/sprott-china-is-replacing-u-s-treasuries-with-gold/

$Aris Mining: A Stronger Company In 2023 )
Feb. 01, 2023 10:58 PM ETAris Mining Corporation (GCM:CA), TPRFF

https://seekingalpha.com/article/4574458-aris-mining-stock-stronger-company-2023

$ENJOY ARIS GOLD REAL MONEY LEGAL TENDER )

BTFD! Gold & Silver Bull Market Still In Early Stages
February 01, 2023





https://kingworldnews.com/btfd-gold-silver-bull-market-still-in-early-stages/

$mick LOOKS GOOD $GOLD Watch - Bill Holter on USAwatchdog paints a clear picture
Discussion ??
, “There are over $2,000 trillion worth of derivatives outstanding on a global economy . . .
that has maybe a little more than $500 trillion in asset values.

https://www.reddit.com/r/Wallstreetsilver/comments/10m10vz/bill_holter_on_usawatchdog_paints_a_clear_picture/

Abcourt Mines ABI.V

https://investorshub.advfn.com/Abcourt-Mines-Inc.-ABMBF-29448

https://finance.yahoo.com/quote/ABI.V?p=ABI.V&.tsrc=fin-srch

Abcourt recovered 1,662 ounces of gold since October 1, 2022 during the Sleeping Giant Mill Clean Up
Abcourt Mines Inc.
Wed, December 14, 2022 at 5:30 AM PST

https://finance.yahoo.com/news/abcourt-recovered-1-662-ounces-133000442.html

ARIS MINING CORP. insiders are buying on the open market

I saw the insider under stockhouse.com (Aris) that Neil Woodyer bot 145,00 shares at $4.57
per share. The value is $662,650. He holds 2,164,889 shares. Interesting

https://stockhouse.com/companies/insiders?symbol=t.aris

https://www.aris-mining.com

$fink The Gold Standard & Large Deposits Of Gold Needed; ARIS Mining Corp. seems so
undervalued

this is a valuation only based on production numbers... but ARIS devolopement-pipeline
has a much bigger value .. the vbest part is..they can develope all projects step by step
without the need of external financings... i hope not all warrants will be exercised ->
less dilution of future profits...
additional so this i hope they will start repay the notes soon
by kkkrrr

https://www.aris-mining.com

$Aris Mining Corp. TM RE :The train is leaving the station? $10 coming soon?
Red Cloud raised their price target from $11.50 to $12 on Monday )
with an outperform rating.
by Dom

Well they talking about some of their shares went from pennies to $100s would be nice
with a great repeat )
https://mebfaber.com/2022/07/20/e430-frank-giustra-ian-telfer/


$TM yes; all low ball targets;

$TM Aris Mining Corp. GoldTown44 The train is leaving the station? $10 coming soon?
Noticed this... some price targets from analysts:

Targets:

Cormark: C$10.0
Stifel: C$8.50
NBF: C$5.50
Canaccord: C$7.50
Red Cloud: C$11.00
Haywood: C$6.75

Average: C$8.20


They are aiming for $250,000 ounces of production this year. The team is proven mine
builders and is ramping things up regarding growth prospects.

Gold near all-time highs. Seems like the perfect storm?

Watch; Aris Mining Corp. The genesis of following management for exponential gains
If you haven't already listened to the podcast I'm linking to in this post, do yourself a favor
and
take the time to listen carefully to the genesis of Aris Mining.

https://mebfaber.com/2022/07/20/e430-frank-giustra-ian-telfer/

ARIS seems so undervalued

challenger426 just crunched some numbers using the POG around $1900 and
ARIS seems
extremely undervalued.

2023 Forecasts include:

230,000-270,000 oz production
$1050 - $1150 AISC
$19M non sustaining CAPEX costs
136M shares outstanding
$1900/oz gold price

Using the above numbers on a worst and best case scenario, I get these share price
forecasts:

$11.48 Worst Case
$15.47 Best Case

Each $100 change in the average price of gold can swing the needle in those scenarios by
$1.50 - $2.00 in the share price value. Therefore, even if the POG fell back to $1700/oz,
ARIS is still undervalued by at least $3/share on a worst case scenario meaning they
produce near the bottom of the range and the AISC comes in near the top of the range for
2023.

Rocket blasting off. Moon mission.

https://www.zerohedge.com/commodities/high-profile-sound-money-bills-introduced-mississippi


$In GOD We Trust - Real Money - AU Safety 6000yrs )




https://www.kitconet.com/images/live/au0001wb.gif


https://www.kitconet.com/images/live/ag0001wb.gif


https://www.kitco.com/images/live/gold.gif?0.8344882022363285


https://www.kitco.com/images/live/silver.gif?0.8344882022363285


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

GOLD STANDARD; THE REAL LEGAL MONEY:

[Suppressed Image]

https://www.usdebtclock.org/

https://www.worldometers.info/coronavirus/country/us/

https://www.whatdoesitmean.com/index.htm

God Bless America
👍️0
NYBob NYBob 2 years ago
$Aris Mining Red Cloud On-Site Interview at VRIC

Here is the link to Tyron Bretonbach providing an interview to Red Cloud at VRIC 2023
Mining Conference.




https://youtu.be/yb2G8XQQK9s


SPROTT: China Is Replacing U.S. Treasuries with Gold
February 08, 2023





https://kingworldnews.com/sprott-china-is-replacing-u-s-treasuries-with-gold/

$Aris Mining: A Stronger Company In 2023 )
Feb. 01, 2023 10:58 PM ETAris Mining Corporation (GCM:CA), TPRFF

https://seekingalpha.com/article/4574458-aris-mining-stock-stronger-company-2023

$ENJOY ARIS GOLD REAL MONEY LEGAL TENDER )

BTFD! Gold & Silver Bull Market Still In Early Stages
February 01, 2023





https://kingworldnews.com/btfd-gold-silver-bull-market-still-in-early-stages/

$mick LOOKS GOOD $GOLD Watch - Bill Holter on USAwatchdog paints a clear picture
Discussion ??
, “There are over $2,000 trillion worth of derivatives outstanding on a global economy . . .
that has maybe a little more than $500 trillion in asset values.

https://www.reddit.com/r/Wallstreetsilver/comments/10m10vz/bill_holter_on_usawatchdog_paints_a_clear_picture/

Abcourt Mines ABI.V

https://investorshub.advfn.com/Abcourt-Mines-Inc.-ABMBF-29448

https://finance.yahoo.com/quote/ABI.V?p=ABI.V&.tsrc=fin-srch

Abcourt recovered 1,662 ounces of gold since October 1, 2022 during the Sleeping Giant Mill Clean Up
Abcourt Mines Inc.
Wed, December 14, 2022 at 5:30 AM PST

https://finance.yahoo.com/news/abcourt-recovered-1-662-ounces-133000442.html

ARIS MINING CORP. insiders are buying on the open market

I saw the insider under stockhouse.com (Aris) that Neil Woodyer bot 145,00 shares at $4.57
per share. The value is $662,650. He holds 2,164,889 shares. Interesting

https://stockhouse.com/companies/insiders?symbol=t.aris

https://www.aris-mining.com

$fink The Gold Standard & Large Deposits Of Gold Needed; ARIS Mining Corp. seems so
undervalued

this is a valuation only based on production numbers... but ARIS devolopement-pipeline
has a much bigger value .. the vbest part is..they can develope all projects step by step
without the need of external financings... i hope not all warrants will be exercised ->
less dilution of future profits...
additional so this i hope they will start repay the notes soon
by kkkrrr

https://www.aris-mining.com

$Aris Mining Corp. TM RE :The train is leaving the station? $10 coming soon?
Red Cloud raised their price target from $11.50 to $12 on Monday )
with an outperform rating.
by Dom

Well they talking about some of their shares went from pennies to $100s would be nice
with a great repeat )
https://mebfaber.com/2022/07/20/e430-frank-giustra-ian-telfer/


$TM yes; all low ball targets;

$TM Aris Mining Corp. GoldTown44 The train is leaving the station? $10 coming soon?
Noticed this... some price targets from analysts:

Targets:

Cormark: C$10.0
Stifel: C$8.50
NBF: C$5.50
Canaccord: C$7.50
Red Cloud: C$11.00
Haywood: C$6.75

Average: C$8.20


They are aiming for $250,000 ounces of production this year. The team is proven mine
builders and is ramping things up regarding growth prospects.

Gold near all-time highs. Seems like the perfect storm?

Watch; Aris Mining Corp. The genesis of following management for exponential gains
If you haven't already listened to the podcast I'm linking to in this post, do yourself a favor
and
take the time to listen carefully to the genesis of Aris Mining.

https://mebfaber.com/2022/07/20/e430-frank-giustra-ian-telfer/

ARIS seems so undervalued

challenger426 just crunched some numbers using the POG around $1900 and
ARIS seems
extremely undervalued.

2023 Forecasts include:

230,000-270,000 oz production
$1050 - $1150 AISC
$19M non sustaining CAPEX costs
136M shares outstanding
$1900/oz gold price

Using the above numbers on a worst and best case scenario, I get these share price
forecasts:

$11.48 Worst Case
$15.47 Best Case

Each $100 change in the average price of gold can swing the needle in those scenarios by
$1.50 - $2.00 in the share price value. Therefore, even if the POG fell back to $1700/oz,
ARIS is still undervalued by at least $3/share on a worst case scenario meaning they
produce near the bottom of the range and the AISC comes in near the top of the range for
2023.

Rocket blasting off. Moon mission.

https://www.zerohedge.com/commodities/high-profile-sound-money-bills-introduced-mississippi


$In GOD We Trust - Real Money - AU Safety 6000yrs )




https://www.kitconet.com/images/live/au0001wb.gif


https://www.kitconet.com/images/live/ag0001wb.gif


https://www.kitco.com/images/live/gold.gif?0.8344882022363285


https://www.kitco.com/images/live/silver.gif?0.8344882022363285


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

GOLD STANDARD; THE REAL LEGAL MONEY:

[Suppressed Image]

https://www.usdebtclock.org/

https://www.worldometers.info/coronavirus/country/us/

https://www.whatdoesitmean.com/index.htm

God Bless America
👍️ 1
Lowjack Lowjack 2 years ago
GORO paying 2% FTCO paying 8%!
👍️0
tootalljones tootalljones 2 years ago
remember in bull markets, pullbacks are short and sharp and then the trend continues. GDXJ went from around 20 to 164 during the last bull market that ended in 2011....We are starting now a little higher with a bottom of 30 not 20. HOLD YOUR GUNS STEADY and buy anything under 39 bucks, or right now for that matter, 39.14. It far outperformed GDX, fwiw. The only risk is that we are not in a bull market. That is a very bad bet to take. We are definitely in a bull.
👍️0
DarkPool DarkPool 2 years ago
Funny how unloved miners are. Investors to busy paying attention to paper prices and not the physical. Lol smart money going long and loading those penny gold miners ;)
👍️0
Lowjack Lowjack 2 years ago
Gap filled!
👍️0
DarkPool DarkPool 2 years ago
Hey bears. I’m back! With a shitton more buying power ;) started building my position this week. Proffs in the pudding. Cross reference posts and chart dates. You’ll see when it’s time to go bull. Smart money says it first. Not after the fact! Letz ride boys
👍️0
DarkPool DarkPool 2 years ago
You boys wanna learn to trade alpha. Buy now ;)
👍️0
DarkPool DarkPool 2 years ago
Nothing goes straight up without a 50% retracement. Load up smart money ;) we get double here. Half with house money :) golds been in a bull market since 2016 kids. Go look when smart money bought. Look where they sold. And now look were their buying!
👍️0
DarkPool DarkPool 2 years ago
Curious how much crap gold and silver holders are gonna put up with. Americans are armed to the teeth. Majority hold gold and silver. We know whose manipulating these markets. YOU won't be able to hide.
👍️0
DarkPool DarkPool 2 years ago
Alpha here boys. Smart money loading today;) fyi. Short better cover!
👍️0
Lowjack Lowjack 2 years ago
Didn't get as many as I was expecting!

Now it's a race to see who can cover the fastest!
👍️0
Lowjack Lowjack 2 years ago
👍️0
Lowjack Lowjack 3 years ago
Price at long term support! Stop losses removed and replaced with large buy orders!
👍️0
tootalljones tootalljones 3 years ago
gold and steel. Soaring higher interest rates -- with more to come for sure --and fears of a recession are driving this market. Perception is more important than reality, and as we have seen from today’s action with CLF, a great Q1 report and guidance cannot overcome investor fears. Mortgage rates now at a 12 year high, and Powell about to up the fed funds rate a half point in may, and another half point in june and who knows how much more he will need, but the market is worried and is at ponzi valuations the vast majority of industries, or soon to be at ponzi valuations in others, if things shut down..

The question is are investor fears the coming reality? The market is still wildly expensive, and we are in the largest debt bubble, in the largest indebted nation, in history, with other indebted nations proportionally worse that U.S., although we are now close to the top.

The fear seems to be now that the FED as usual phoucked up, they should have started raising rates 6 months ago, or even 9 months ago, and now they gotta take a meat clever to the inflation problem, thereby risking a complete demand shutdown almost across the board. Right now business have been able to pass on inflation costs but small businesses in particular cannot continue to do so....customers will simply no longer buy, and go into a shut down mode. Housing is gonna be completely choked off as the rates now on mortgages are at an all time high. If they declare a recession 6 to 8 months from now, remember, that means they will have looked back at the prior two quarters and seen a complete drop off of demand just about everywhere, and new cars (and new car loans) like homes like all the other industries, in the coming weeks and months, will simply fall off a cliff, in terms of demand. CLF had a tremendous quarter they just report, and the stock was up 3 bucks early in the day but closed down 63 cents, 28.95-0.63 (-2.13%)
At close: April 22 04:00PM EDT
People are afraid of a coming recession starting in the next 2 to 8 weeks, which we will only learn about in 6 to 8 months, as the government looks back in time.
👍️0
Lowjack Lowjack 3 years ago
Just looks like they ran out of shares to sell and had to short it down.
https://schrts.co/XJdHMFkJ
Inverted H/S!

Earnings start to be reported in May! Plenty of cash may spark consolidation in the Jr's. Don't think it escapes our attention that the US government just got a bunch of tax money and promptly manipulated gold/silver down. The other time they get money is Oct. 2 when the yearly budget comes out.

The banks have no choice but to purchase gold/silver as the negative real rates will destroy their balance sheets while people stop borrowing due to artificially high rates as well as the tsunami of foreclosures about to hit over the summer months.
👍️0
tootalljones tootalljones 3 years ago
had to dump it all yesterday. o well, live and learn. the chart was extended and I also point out this important article, which suggests gold will trend down until the Fed is forced to turn on the spiggot of loose money again (unless all markets simply collapse, the author caveats).....he suggests a prediction that september to october will be a good time to buy, and until then gold will drift down in the wake of the fed's rate hike campaign. So too might or should stocks which go down historically, when real yields rise. Bitcoin and its sector should trend down also......https://seekingalpha.com/article/4502924-gold-is-safe-harbor-in-brewing-storm
👍️0
tootalljones tootalljones 3 years ago
I added to my gdxj yesterday, buying over 300K worth, at around the current price of 49.65. Owning gold and Gdxj and and gdxj and perhaps some silj at this point is like being the Casino instead of the player.
Sure the player will have his runs, there is no question about it, but here is a fact about casino gambling: Even if the odds somewhat favored the casino (look at craps where you can almost get even odds if you play astutely), the player would still lose. Even if the odds are somewhat in his favor, he will still lose. Why is that? Streaks. He will eventually encounter an outrageous run of bad luck, and so long as he continues to stay at the table, he will encounter such an event, and it will wipe him out. The Casino, on the other hand, has access basically to unlimited money and can withstand even the most bizarre streak by a player. Over time, the Casino will always win, no matter what. At this point in the economic cycle and given the pickle that world governments find themselves in, they are guaranteed to lose to commodities in general and gold and the gold (and silver eventually) etfs. It is a won game at this point. Patience is all that is required. GDXJ in 2 years will be approaching 200 bucks a share, give or take. I am ok with that.

Imagine buying the S and P at its low point in the great financial crisis, late year 2008. That is where gold and the miners are right now. The world is about to change for a very long time, a steady sort of thing.
👍️0
BottomBounce BottomBounce 3 years ago
$GDXJ Jim Rickards: Why isn't the gold price climbing with governments buying?
👍️0
Lowjack Lowjack 3 years ago
https://www.vaneck.com/us/en/investments/junior-gold-miners-etf-gdxj/holdings/

VanEck Just dropped a 5.5% GORO 13G right before Gold poped to $1850!
👍️0
Lowjack Lowjack 3 years ago
This definitely is Democratitis!
https://www.cnbc.com/2022/02/08/these-money-disorders-may-be-contributing-to-your-growing-debt.html
👍️0
Lowjack Lowjack 3 years ago

👍️0
MD-420 MD-420 3 years ago
I think miners are about to take off.
👍️0
Lowjack Lowjack 3 years ago
Daily MACD cross!
200WMA support confirmed!
👍️0
Lowjack Lowjack 3 years ago
Buying the dip!!!
👍️0
Lowjack Lowjack 3 years ago
Hard to have good jobs numbers when you are firing everyone due to medical discrimination!

https://www.fortitudegold.com/news/news-releases/fortitude-gold-increases-monthly-dividend-14
👍️0
Lowjack Lowjack 3 years ago
Silver didn't follow gold down this AM.

Lets see if paper gold is lying!
👍️0
Captainandy Captainandy 3 years ago
#GDXJ; GOOD TIMES AHEAD... $44.23

https://www.silverdoctors.com/headlines/world-news/gold-stocks-bull-flags-the-jobs-report/

https://www.silverdoctors.com/wp-content/uploads/2021/09/mh39621.png







https://www.silverdoctors.com/wp-content/uploads/2021/09/mh19621.png


👍️0
31twu 31twu 3 years ago
Metals looking for that floor , Balance between FED:% Rate Hikes & Treasury Printing Presses of Foolish ,Senseless Stimulus PKGS: devaluing U.S. Dollars causing Inflationary issues .

Copper, Silver Prices will increase as "Go Green" Electric Cars & Solar panels need estimated 24 grams Silver , Wind energy combination Solar ect:

Remember "China" is Hording Silver for years

Copper , will be in high demand in 2 to 4 years because of the many uses of the environmetal footprint of "Go Green Projects" ..
👍️0
Lowjack Lowjack 3 years ago


Find that uptrend line on the 5 year chart! We be sitting on it!

https://schrts.co/UIMztXRU

👍️0
tootalljones tootalljones 3 years ago
👍️0
tootalljones tootalljones 3 years ago
LOL...How do you know? We see perhaps .0001% of the interactions, and here is sometihng you do not know: Polar bears have experienced a massive surge in population density the past decade. FACT.....They have no predators. When you see the old thin ones, what you are seeing is a 99 year old bear, who simply is unable to hunt any longer due to old age. Father time.
The number one polar bear expert in canada, a woman, has said and proven that the great north is awash in polar bear exploding populations...and for this, they tried to get her thrown out of the university she was working at......the left did
👍️0
Lowjack Lowjack 3 years ago
There is no evidence of whales eating bears!



In the water, they are top dog!
👍️0
tootalljones tootalljones 3 years ago
terrific pic!...I wonder what would happen if the bear jumped in and quickly bit the whale? Killer whales are very smart, predatory,(in fact we really do not know how smart whales really are)...
would the whale split or quickly kill the bear.
👍️0