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Gold/Mining/Energy : GDXJ - Market Vectors Junior Gold Miners Index
GDXJ 94.84+2.3%Oct 30 4:00 PM EDT

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From: TheSlowLane12/8/2009 6:20:08 AM
1 Recommendation   of 196
 
Name: Van Eck Gold Miners Juniors

Ticker: GDXJ

Background: If you're looking to jump on the gold bandwagon, given the speculative/hedging nature of such an investment, you might as well do it in grand style. This ETF is even more volatile than the price of gold itself given the nature of some of these "juniors: that explore for years with no finds and then spike massively upon a find announcement. Country representation: 63%, of the components are based in Canada, followed by the U.S. with 22%, Australia 11%, South Africa 2%, China 1% and the U.K. 1%

Performance Since Launch: The ETF just launched in November. Against Gold's 3.2% move in that period, GDXJ is up 4.8%.

seekingalpha.com
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