Better strategies to invest in juniors over GDXJ
John Rubino joins me to discuss what the recent news on GDXJ. We touch on the fact that money is interested in the junior sector but more so talk about better strategies to invest your money.
Click download link to listen on this device: Download Show
Better stated, a junior EXPLORER ETF
Bingo. We were mentioning (GOEX) was a better ETF than GDXJ last year when it was (GLDX)
Again, I’d still rather build my own ETF in Gold, Silver, Zinc, Copper, Uranium, and manage the weighting and rebalancing at will rather than watch a supposed JR Mining ETF make really bad allocations or weightings or too little in the companies with more torque.
That is why it has been so easy to outperform the GDX or GDXJ because they are full of the Kitco names.
The vast majority of the high flyers in Gold & Silver either had hardly any weighting or no weighting at all in the ETFs. (ding, ding, ding)
GOEX
An ETF mentioned by another guest a few weeks ago is also an interesting junior miner ETF and may get some more buying interest with the changes in GDXJ FWIW