Market Vectors Junior Goldminers ETF (GDXJ)

[bowonwing]

Comments on GDXJ and speech by John Embry:

from Richard Russell's dowtheoryletters.com 2/210 (no connection but highly recommended, especially for gold bugs, $300 a year)"

"The whole universe of precious metals was higher with April platinum up 39 to 1578.80. I'm thinking of buying GDXJ, the low-priced mine index which includes 50 smaller gold mines. If gold ever blows off (which I think it will) there'll be a frenzy to buy the smaller gold mines, many of which will be taken over. It happened back in 1980. Big mines buy 'em for reserves."

Also: all people interested in gold and fiat money must read John Embry's, Chief Investment Strategist, Sprott Asset Management, Toronto, speech on 1/18/10 in Vancouver. He lays it all on the line re: the future of gold and fiat money. His complete speech is posted on RR's dowtheoryletters.com daily blog on 2/1/10, but you need to subscribe to get this, but this is one way of gets Embry's speech.