GDXJ - Market Vectors Junior Gold Miners Index Message Board

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Gold/Mining/Energy : GDXJ - Market Vectors Junior Gold Miners Index

GDXJ 93.63

-1.4%

Oct 31 5:00 PM EST

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To: TheSlowLane who wrote (72)	11/12/2009 8:41:26 AM
From: loantech	of 196

From a poster on seeking alpha: It's all about size, and timing! If GDXJ acquires a large volume of shares traded, it will pull up the demand/supply curve for many of these small miners and share prices will also be pulled upwards. GDXJ share prices should leverage GLD and GDX, all things being equal, and volume of GDXJ shares traded will increase the extent to which the individual small miner stocks leverage the price of gold and the value of the gold miner sector. In the same way GLD's bullion holdings raise the price of gold when lots of shares of GLD are outstanding, a large volume of GDXJ outstanding shares will raise the prices of small miner stocks.

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