Upon Further Review of ZJG
This thinly traded Canadian Junior Miner ETF has me very Bullish
This IS THE Index to follow for Juniors IMO
It has real Juniors ( Not Micros like $CDNX ) ( Not Majors like GDXJ)…
CG.TO Centerra Gold Inc 16.04% 7.79 -0.26%
SMF.TO Semafo Inc 15.68% 3.95 -0.50%
SSL.TO Sandstorm Gold Ltd 14.76% 6.21 +1.64%
GUY.TO Guyana Goldfields Inc 11.85% 5.34 +5.12%
MUX McEwen Mining Inc 9.19% 2.13 +0.95%
CGG.TO China Gold International Resources Corp Ltd 8.84% 2.67 +2.69%
ASR.TO Alacer Gold Corp 8.28% 2.41 +2.55%
PG.TO Premier Gold Mines Ltd 7.84% 2.95 +0.00%
KDX.TO Klondex Mines Ltd 7.53% 3.22 +0.31%
This Chart is the whole history of this Index
85 % Loss 25 to 4 in 5 Year Bear
2.5 Year Bottoming Reversal Pattern
Which breaks out with a Blast Off then succumbs to gravity after only .5 years
Now a second slightly higher 1.5 year Consolidation is poised to breakout….Very very quietly
with almost No volume so far.
Its devious. its perfectly diabolical . Mr Market has out done himself with this masterpiece of a chart.
if this breaks out…I’m going IN …I like all these Stocks…why not give it a shot…wish me luck !
Fully the Bull(y)
Very interesting, Fully!
Thanks Fully. Your point about the index losing 85% is one thing that nskes it hard for me to imagine sub $1000 gold. It would mean an 85% loss isn’t enough. We’d see new lows, probably taking that loss to around 95% !!!