InvestorsHub Logo
Followers 16
Posts 888
Boards Moderated 0
Alias Born 11/03/2006

Re: Damnsammit post# 3765

Friday, 02/22/2013 1:56:47 PM

Friday, February 22, 2013 1:56:47 PM

Post# of 14330
You can get the daily Van Eck holdings from their webpage - it's a tiny button on the right side of the page - says something like 'see all holdings'. Van Eck is going to sell because people that buy GDX or GDXJ aren't buying GDXBJ - which would be the Bankrupt Junior index - which unfortunately doesn't exist. It's really surprising given how truly crappy the gold shares market has been for the last 18 months that so strikingly few companies have filed. I'd love to see 2013 be the year that changes. What strikes me about GDX/GDXJ is how remarkably slow they are liquidating the position. It does sorta look like they were chasing alpha, which is surprising for an index ETF late last year when they picked up most of their shares of GBG - from what I saw they picked up close to 2/3rds after the terminal tailspin was well underway (but I've never spent more than a few minutes trying to verify that was what happened)

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.