Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: SwampDogg	4/23/2013 6:08:32 PM
	5 Recommendations Read Replies (2) of 48092

Cats out of the bag Hedge fund manager on BNN proudly claimed today his short on the GDXJ claiming that it protected him against takeovers as it was diversified in a troubled industry. This confirms how these ETFs are the cat's meow for naked shorts. They just continue to whack the ETF without a care in the world resulting in perfectly good companies being driven down by forced ETF selling. Get rid of them. ETFs have been a terrible development in the market as they allow unmeasured and uncontrolled shorting. Same thing true with ABX and the GDX. Death spiral until they turn the big dog around

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