We’re still in the re-balance period for GDXJ, so seems scum are sitting on all shares, knowing that dumping is coming from Van Eck…but as this article shows the front running of the selling is insane…prices down over 30 % against other miners.
June 16 it all has to be sorted, so some shares will go ape up if the Gold prices stays here or is better, as they have been trashed to ridiculous levels, by frontrunning…….but that has to be near done/done.
Who will sell once GDXJ becomes a buyer again….I ain’t, nor many other bugs and we are about all that is left…this could be worse up than down, as Van Eck rampages through the sector.
GDXJ’s Epic Rebalance – It’s Knife-Catching Time
http://www.zerohedge.com/news/2017-06-02/gdxjs-epic-rebalance-its-kinfe-catching-time